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    5041 Lee Road 279 Salem, AL 36874

    Picture of Land at Lee Road 279 5041, Salem, AL
    For Sale
    $173,600

    Acreage - SALEM, AL

    Lot size:
    16.49 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 11 at 6:06 pm

    Property Features for 5041 Lee Road 279

    General Information

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

    Building Details

    Architectural style
    Other

    KELLER WILLIAMS REALTY RIVER CITIES III (334) 298-3900

    Listing agent JAY SHEPHERD (334) 298-3900

    Listing date Nov 1, 2025

    MLS# 177166 Listing URL

    Copyright © 2025 Lee County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Salem, AL Homesite Acreage

    This 16.49-acre lot, identified as Lot 1 Flint Hill Subdivision, is located in Lee County, Alabama, specifically in the Salem area. The property is a wooded homesite suitable for residential construction. Subdivision restrictions apply to this lot. Owner financing is available with 10% down, financed for 10 years at 8% interest.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Spa & Massage Hair Salon Nail Salon Garden Center Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Lee
    State
    Alabama
    Longitude
    -85.17144
    Latitude
    32.664558

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    FAQs

    What type of property is this?
    Land - 16.49 acre wooded homesite in Lee County, Alabama.
    Where is this land located?
    The property is located at 5041 Lee Road 279 Salem, AL.
    What is the asking price?
    The asking price for this property is $173,600.
    What are key features of this property?
    This property features: - Excellent homesite in a desirable location.; - Owner financing available (10% down, 10 years, 8% interest).; - Located in the Salem area.
    (334) 298-3900
    Request Owner's contact information
    5041 Lee Road 279 Salem, AL 36874
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    Salem, AL 36874
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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
    5041 Lee Road 279 Salem, AL 36874
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