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

    Lot 9 W Union Avenue Loxley, AL 36551

    View on Map
    Claim this Listing
    For Sale
    $45,000

    Residential Lots - Loxley, AL

    Lot size:
    0.15 Acres
    Added:
    Jan 26, 2026
    Days on Market:
    93
    Last Refresh:
    Apr 29 at 1:06 pm

    Property Features for Lot 9 W Union Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Single Family Residence
    Standard status
    Active
    APN
    42-02-10-4-003-078.001
    Lot size
    0.15 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Amy Cuny
    Amy Cuny

    Listing agent Amy Cuny License #95073

    Listing office Bellator Real Estate, LLC Fair 11 North Section St., Daphne, AL

    Listing date Jan 26, 2026

    MLS# 390832 Listing URL

    Copyright © 2026 Baldwin 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

    Residential Lots in Loxley, AL

    This residential lot is located in Loxley, Alabama. The property is a low-maintenance, flat lot that is ready for construction. The lot measures 50 feet along the roadside and is 138 feet deep, totaling 0.15 acres. Setbacks are 10 feet on the sides and 30 feet in the front and back. City water and sewer services are available, and gas is provided through Riviera Utilities. Access to the home is from the right of way behind the home. There is no Property Owners Association. The property is located close to Highway 59, I-10, shopping, and the beach. The zoning is Single Family Residence. Buyers are advised to verify all setbacks, zoning regulations, and any other material information pertinent to their purchase during the due diligence period.
    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 Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Loxley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.752164
    Latitude
    30.618825

    Nearby Similar for Sale

    • $325,000

      Loxley Industrial Land Parcel

      3.1-acre M1 industrial parcel in Loxley, ready for development.
      25508 Cabinet Shop Road, Loxley, AL 36551
      View Details
    • $169,900

      Residential Land in Loxley, AL

      3.33 acre residential lot in new Loxley subdivision.
      Mosley Road, Loxley, AL 36551
      View Details
    • $71,000

      Ready-to-Build Residential Lots in Loxley

      Prepped residential lots with utilities available in a convenient location.
      29607 Fox Branch Road, Loxley, AL 36551
      View Details
    • $250,000

      Golf Course Frontage Land Opportunity

      Cleared 0.649 acre lot with golf course and lake views.
      0 E Waterview Drive, Loxley, AL 36551
      View Details
    • $365,000

      Loxley Acreage with Workshop

      4.8 acres with workshop, ready for dream home.
      18367 Driskell Road, Loxley, AL 36551
      View Details
    • $579,900

      Prime Commercial Land on Highway

      Highly visible 2.343-acre corner parcel on heavily trafficked Highway.
      25413 Highway 59, Loxley, AL 36551
      View Details
    • $210,000

      Secluded Land Parcel in Loxley

      14+/- acre parcel zoned RA-Rural Agriculture, great investment opportunity.
      0 Barnhill Farm Road, Loxley, AL 36551
      View Details
    • $250,000

      Golf Course Frontage Land Opportunity

      Cleared 0.545-acre lot with golf course and lake views.
      0 E Waterview Drive, Loxley, AL 36551
      View Details
    • $299,000

      Acre Homesite Overlooking Steelwood Golf

      Acre homesite in gated Steelwood community with golf and water views.
      Water View Drive, Loxley, AL 36551
      View Details
    • $315,000

      Residential Lot with Golf Course View

      Residential lot with golf course and lake views in Loxley.
      E Waterview Drive, Loxley, AL 36551
      View Details
    • $299,000

      Steelwood Golf Course Homesite

      Acre-sized homesite in gated Steelwood community overlooking golf course.
      0 W Waterview Drive, Loxley, AL 36551
      View Details
    • $3,920,400

      Loxley, AL Development Opportunity

      6+/- acre parcel near Buccees with high traffic count.
      0 E County Road 68, Loxley, AL 36567
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Flat, ready-to-build lot near Highway 59 and I-10.
    Where is this residential land & home lot located?
    The property is located at Lot 9 W Union Avenue Loxley, AL.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: Ready to build on, flat, low‑maintenance lot.; Conveniently located near Highway 59, I‑10, shopping, and the beach.; City water and sewer connections available.
    (251) 709-4331
    We can help!
    Listing Contact
    Amy Cuny
    Amy Cuny
    Real Estate License ID: 95073
    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!