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    3.08+/- Acres Lokey St Leesburg, AL 35983

    For Sale
    $54,900

    ACREAGE - Leesburg, AL

    Lot size:
    3.08 Acres
    Days on Market:
    65
    Last Refresh:
    Dec 10 at 10:06 am

    Property Features for 3.08+/- Acres Lokey St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    3.08 Acres

    Building Details

    Architectural style
    Other

    CORPORATE SOUTH REALTY,INC (256) 543-1292

    Listing agent Bob Klein (256) 543-1292

    Listing date Oct 7, 2025

    MLS# 21900913 Listing URL

    Copyright © 2025 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land with Highway Frontage

    This 3.08-acre property in Leesburg, Alabama, presents opportunities for both residential and commercial development. The land benefits from high visibility with frontage on Highway 411 and access from two streets.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Leesburg
    County
    Cherokee
    State
    Alabama
    Longitude
    -85.767349796
    Latitude
    34.185982249

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    FAQs

    What type of property is this?
    Commercial land - 3.08 acres in Leesburg, suitable for residential or commercial use.
    Where is this commercial land located?
    The property is located at 3.08+/- Acres Lokey St Leesburg, AL.
    What is the asking price?
    The asking price for this property is $54,900.
    What are key features of this property?
    This property features: - Great exposure along Highway 411, with highway frontage.; - Frontage on two streets, offering dual street frontage.; - This versatile property could be for residential or commercial use.
    (256) 543-1292
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3.08+/- Acres Lokey St Leesburg, AL 35983
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