Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    584 HWY 82 Eufaula, AL 36027

    View on Map
    Claim this Listing
    For Sale
    $457,500

    LAND - EUFAULA, AL

    Lot size:
    122.00 Acres
    Added:
    Mar 23, 2026
    Days on Market:
    26
    Last Refresh:
    Apr 17 at 7:06 pm

    Property Features for 584 HWY 82

    General Information

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

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Zack Jones
    Zack Jones

    Listing agent Zack Jones

    Listing office ALABAMA REAL ESTATE CONNECTION Alabama Real Estate Connection, LLC 110 Memorial Parkway, Troy, AL

    Listing date Mar 23, 2026

    MLS# 30454 Listing URL

    Copyright © 2026 Pike County 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

    122 Acres in Eufaula, AL

    This 122-acre property, known as the Barbour East Ridge Tract, is located in Eufaula, AL. It features 91 acres of planted pine, established in 2018, along with three streams and hardwood draws. A strong interior road system enhances accessibility throughout the land. The property includes approximately 1,000 feet of frontage on US Hwy 82, with 37 acres situated inside the city limits. The land presents opportunities for deer and turkey hunting, as well as timber investment potential. It is located just minutes from Lake Eufaula.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Eufaula
    County
    Barbour
    State
    Alabama
    Longitude
    -85.1821479
    Latitude
    31.9425776

    Nearby Similar for Sale

    • $775,000
      6,805 SF

      Eufaula Commercial Property on Highway 431

      Highly visible 6,805 SF commercial building on 1.73 acres.
      1205 S Eufaula Ave., Eufaula, AL 36027
      View Details
    • $995,000
      15,580 SF

      Prime Commercial Property on Highway

      Commercial property on Highway 431 in Eufaula, Alabama.
      3265 S EUFAULA Avenue, EUFAULA, AL 36027
      View Details
    • $700,000
      15,087 SF

      Eufaula Restaurant Location For Sale

      Prime restaurant location with high traffic and established layout.
      1218 S Eufaula Ave, Eufaula, AL 36027
      View Details
    • $700,000

      Eufaula Restaurant Opportunity on Highway

      Prime restaurant location with high visibility and traffic count.
      1218 South Eufaula Ave, Eufaula, AL 36027
      View Details
    • $824,750
      31,864 SF

      Eufaula Industrial Property For Sale

      Well-established commercial property in Eufaula's industrial zone, ideal for manufacturing.
      107 Industrial Park Drive, Eufaula, AL 36027
      View Details
    • $305,000
      3,491 SF

      Craftsman Home Ideal for Office

      Versatile Craftsman home suitable for office or large family.
      125 S Orange Ave, Eufaula, AL 36027
      View Details
    • $824,750

      Eufaula Industrial Property For Sale

      Established industrial property in Eufaula's original industrial zone.
      107 Industrial Park Drive, Eufaula, AL 36027
      View Details
    • $225,000
      2,580 SF

      Prime Commercial Building on Hwy 82

      2,580 sq ft building with high-visibility frontage on Hwy 82.
      231 E Barbour St, Eufaula, AL 36027
      View Details
    • $295,000
      2,860 SF

      Eufaula Commercial Building on Broad

      Remodeled commercial building on Eufaula's bustling Broad Street.
      131 E Broad, Eufaula, AL 36027
      View Details
    • $1,500,000
      11,000 SF

      Versatile Commercial Property on US Hwy

      9.2-acre commercial property with 11,000 sq ft facility.
      4097 US 431, Eufaula, AL 36027
      View Details
    • $250,000

      Historic Depot in Downtown Eufaula

      Historic 7,600 SF depot in downtown Eufaula, Alabama.
      300 Randolph Ave, Eufaula, AL 36027
      View Details
    • $124,900
      780 SF

      Downtown Commercial Building For Sale

      Versatile commercial building in downtown Eufaula, Alabama.
      120 N Randolph Ave., Eufaula, AL 36027
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 122 acres featuring planted pine, streams, and highway frontage.
    Where is this agricultural land / farmland located?
    The property is located at 584 HWY 82 Eufaula, AL.
    What is the asking price?
    The asking price for this property is $457,500.
    What are key features of this property?
    This property features: 122 acre property with **1,000 ft of frontage on US Hwy 82.**; **91 acres of planted pine (2018) offering timber investment potential.**; Enjoy **excellent deer and turkey hunting.**
    (334) 672-0002
    We can help!
    Listing Contact
    Zack Jones
    Zack Jones
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!