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    5041 Lee Road 279 Salem, AL 36874

    For Sale
    $173,600

    LAND - Salem, AL

    Lot size:
    16.49 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 12 at 11:06 am

    Property Features for 5041 Lee Road 279

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Wooded
    Lot size
    16.49 Acres

    Realty River Cities III (706) 221-6900 [email protected]

    Listing agent Jay Shepherd (334) 298-3900 License #22077

    Listing date Nov 1, 2025

    MLS# E101800 Listing URL

    Copyright © 2025 East Alabama Board 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 Land

    This 16.49-acre lot is located in the Flint Hill Subdivision in Lee County, Alabama. Situated in the Salem area, the property is wooded and suitable for building a home. Note that subdivision restrictions apply.
    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
    -85.162624
    Latitude
    32.642979

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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 in the Salem area of Lee County, Alabama.; - Owner financing available with 10% down, 10 years, and 8% interest.; - Wooded lot offering privacy and natural beauty.
    (334) 298-3900
    Request Owner's contact information
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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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