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    510 Parsons Way Birmingham, AL 35242

    For Sale
    $395,000

    Lots - BIRMINGHAM, AL

    Lot size:
    4.51 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 9 at 3:06 am

    Property Features for 510 Parsons Way

    General Information

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

    Building Details

    Architectural style
    Other

    ARC Realty, LLC (205) 969-8910 [email protected]

    Listing agent Pam Grant (205) 969-8910

    Listing date Aug 30, 2025

    MLS# 1359700 Listing URL

    Copyright © 2025 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Oak Development Land

    Located southeast of Birmingham along Highway 41, the South Oak Development is a 500-acre gated community. This secluded area features lakes, meadows, mountains, and trees. The community offers 200 acres of common mountain ridge with hiking and biking trails, a horse pasture with barn, and a 7.4-acre stocked lake for swimming, fishing, kayaking, grilling, and beach access. A boathouse conference room is available for meetings and small group activities. Lots range from 3 to 4.5 acres, with only 8 lots remaining. The property is near Shoal Creek Golf Course and Mt. Laurel. Available lots are intended for residential land and home construction.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.615128037103
    Latitude
    33.443000511823

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    FAQs

    What type of property is this?
    Land - Secluded, gated community with acreage, lake, and amenities.
    Where is this land located?
    The property is located at 510 Parsons Way Birmingham, AL.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Gated 500-acre secluded community offering a peaceful retreat from city life.; - Enjoy access to a 7.4-acre stocked lake for swimming, fishing, kayaking, grilling, and beach activities.; - 200 acres of common mountain ridge with hiking and biking trails.
    (205) 969-8910
    Request Owner's contact information
    510 Parsons Way Birmingham, AL 35242
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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
    510 Parsons Way Birmingham, AL 35242
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