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

    6599 SEMINOLE CIRCLE Fairfield, AL 35064

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 6599 SEMINOLE CIRCLE, Fairfield, AL
    For Sale
    $55,000

    Lots - FAIRFIELD, AL

    Lot size:
    0.79 Acres
    Added:
    Jan 28, 2025
    Days on Market:
    446
    Last Refresh:
    Apr 19 at 10:06 am

    Property Features for 6599 SEMINOLE CIRCLE

    General Information

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

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    W. A. Casey
    W. A. Casey

    Listing agent W. A. Casey

    Listing office Keller Williams Realty Vestavia 3595 Grandview Pkwy, Suite 250, Birmingham, AL

    Listing date Jan 28, 2025

    MLS# 21407837 Listing URL

    Copyright © 2026 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

    Fairfield Land for Residential Development

    This 0.79-acre lot in Fairfield, Alabama, presents a development opportunity. The property, with dimensions of approximately 396 ft x 50 ft x 349 ft x 30 ft, offers an estimated 34,505 square feet of space. According to the listing, a re-survey could potentially allow for the construction of three to four houses on the property. The lot fronts Seminole Circle and backs onto Aaron Aronov Drive.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.9231465
    Latitude
    33.4733

    Nearby Similar for Sale

    • $400,000

      Fairfield Commercial Building For Sale

      Prime 6-unit commercial building in the heart of Fairfield's business.
      4410 GARY AVENUE, FAIRFIELD, AL 35064
      View Details
    • $335,000

      Fairfield Commercial Building For Sale

      Commercial building on 0.60 acres near I-20/59.
      4009 Lloyd Noland Parkway, Fairfield, AL 35064
      View Details
    • $225,000

      Fairfield Triplex Opportunity

      Three detached homes on a single parcel in Fairfield, Alabama.
      5402 AVENUE D, FAIRFIELD, AL 35064
      View Details
    • $400,000
      4,100 SF

      Fairfield Commercial Building For Sale

      Six-unit commercial building in Fairfield's business corridor.
      4410 Gary Avenue, FAIRFIELD, AL 35064
      View Details
    • $530,000
      7,000 SF

      Turn-Key Bank Branch Available

      Bank branch with additional office space and ample parking.
      5705 Valley Rd, Fairfield, AL
      View Details
    • $599,000
      8,084 SF

      Free Standing Retail Building

      8,084 SF retail building with excellent access and visibility.
      6556 Aaron Arnov Drive, Fairfield, AL 35064
      View Details
    • $50,000

      Fairfield Commercial Space Opportunity

      Office or commercial space available for purchase in Fairfield.
      5006 Gary Avenue, FAIRFIELD, AL 35064
      View Details
    • $1,150,000
      3,792 SF

      Retail Space For Sale

      Retail space available with a 7.65% CAP rate.
      7175 Aaron Aronov Dr, Fairfield, AL 35064
      View Details
    • $2,430,000
      32,838 SF

      32,838 SF Specialty Building

      32,838 SF industrial property with 304 units and value-add potential.
      315 45th St, Fairfield, AL 35064
      View Details
    • $50,000

      FAIRFIELD Office Commercial Space

      Office or commercial space available in FAIRFIELD, Alabama.
      5006 GARY AVENUE, FAIRFIELD, AL 35064
      View Details
    • Contact for pricing
      204,805 SF

      Former Super Walmart Retail Space

      204,805 SF retail building on 15.97 acres for lease.
      7201 Aaron Aronov Dr, Fairfield, AL
      View Details
    • Contact for pricing
      4,180 SF

      Retail Space on Aaron Aronov

      Retail space in Fairfield's main retail corridor.
      7100 Aaron Aronov Dr, Fairfield, AL
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Large lot suitable for residential development in Fairfield, Alabama.
    Where is this residential land & home lot located?
    The property is located at 6599 SEMINOLE CIRCLE Fairfield, AL.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: Large Lot: Approximately 34,505 sq ft provides ample space.; Development Potential: Possible to build 3 to 4 houses upon re‑survey.; Dual Street Frontage: Lot faces both Seminole Cir and Aaron Aronov Dr.
    (205) 222-1171
    We can help!
    Listing Contact
    W. A. Casey
    W. A. Casey
    Real Estate License ID: 34243
    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!