Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Slocomb Land with Timber Value Title is generated by Realmo AI

    923 Lakeview Rd 159+-ac, Slocomb, AL 36375

    View on Map
    Claim this Listing
    For Sale
    $579,900

    LAND - Slocomb, AL

    Lot size:
    159.00 Acres
    Added:
    Apr 1, 2026
    Days on Market:
    63
    Last Refresh:
    Jun 2 at 4:06 am

    Property Features for 923 Lakeview Rd 159+-ac

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1509310000002000
    Lot size
    159.00 Acres

    Utilities

    Water source
    Well
    Water front features
    Creek

    We can help!

    Listing Contact
    Donnie Wells

    Listing agent Donnie Wells

    Listing office The Real Estate Group 2323 W Main St Ste 215, Dothan, AL

    Listing date Apr 1, 2026

    MLS# 212466 Listing URL

    Copyright © 2026 Southeast Alabama Association 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.

    HighLights

    • 159+- acre tract with mature timber and Wright Creek
    • Established road system and food plots ideal for hunting/recreation
    • Merchantable timber valued at $35,155.49 (appraisal 4/8/23)
    • Utilities available: Power, Well, Fiber, Phone
    • Private and secluded location in Geneva County
    • Zoned for Slocomb Schools

    Overview

    This 159-acre tract is located in South/Eastern Geneva County and features approximately 45 acres of 20-25 year old Longleaf Pines, with the balance consisting of mature mixed hardwoods. Wright Creek runs across the back side of the property. The land includes a well-maintained and established road system and food plots. Utilities available on site include power, well, fiber, and phone. There is also an old mobile home site and a grain bin. The property is private and secluded and is zoned for Slocomb Schools. The area is home to abundant wildlife, including deer and birds. A timber appraisal from April 8, 2023, valued the merchantable timber at $35,155.49. An additional joining 129-acre parcel with two houses, barns, planted pines, and a creek, fronting County Road 49, is available for purchase from another seller.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Slocomb
    County
    Geneva
    State
    Alabama
    Longitude
    -85.57426
    Latitude
    31.014544

    Nearby Similar for Sale

    • $625,900
      7,000 SF

      Turnkey Wedding and Event Venue

      Fully functional venue with booked events through 2026.
      7821 County Rd 91, Slocomb, AL 36375
      View Details
    • $1,500,000
      2,800 SF

      Slocomb, AL Commercial Property

      75-acre commercial property with home, mobile home sites, and barns.
      1565 Co Rd 73, Slocomb, AL 36375
      View Details
    • $175,000

      Unrestricted Land with Creek Access

      24+ acre property with creek, ideal for recreation.
      Case Rd, Slocomb, AL 36375
      View Details
    • $175,000

      Slocomb Multifamily Investment Opportunity

      3.33 acre multifamily property in Slocomb, Alabama.
      1251 Davis Mill Road, Slocomb, AL 36375
      View Details
    • $179,500

      Slocomb Vacant Land For Sale

      23.75 acres of land with planted pines and mature trees.
      0 Chipola Rd, Slocomb, AL 36375
      View Details
    • $109,500

      Slocomb, AL Vacant Land

      12-acre tract ideal for a country homesite near Dothan.
      0 Highland Rd, Slocomb, AL 36375
      View Details
    • $300,000

      Residential Land in Slocomb, AL

      31 acres of land ready for building in Slocomb.
      State Hwy 605, Slocomb, AL 36375
      View Details
    • $249,500

      26 Acres of Vacant Land

      Versatile 26-acre tract near Slocomb, Alabama, ideal for recreation.
      0 Chestnut Rd, Slocomb, AL 36375
      View Details
    • $485,000

      Versatile Acreage Near Slocomb, Alabama

      86 acres with timber, water, and road frontage near Slocomb.
      86+/- acres New Hinson Rd, Slocomb, AL 36375
      View Details
    • $70,000

      Slocomb, AL Homesite Land

      7 acre homesite near Slocomb with planted pines.
      S County Rd 49, Slocomb, AL 36375
      View Details
    • $69,500

      6 Acre Land Tract

      6 acre land tract perfect for a mini farm.
      0 Chipola Rd, Slocomb, AL 36375
      View Details
    • $52,500

      5 Acre Homesite Tract

      5 acre tract with cleared homesite near Slocomb, Alabama.
      S County Rd 49 lot: 2, Slocomb, AL 36375
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 159-acre Slocomb, AL land with timber and creek.
    Where is this agricultural land / farmland located?
    The property is located at 923 Lakeview Rd 159+-ac Slocomb, AL.
    What is the asking price?
    The asking price for this property is $579,900.
    What are key features of this property?
    This property features: 159+- acre tract with mature timber and Wright Creek; Established road system and food plots ideal for hunting/recreation; Merchantable timber valued at $35,155.49 (appraisal 4/8/23)
    (334) 618-3239
    We can help!
    Listing Contact
    Donnie Wells
    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

    Thank You for Inquiry
    923 Lakeview Rd (159+-ac), Slocomb, AL 36375
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!