Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Wooded Residential Lot in Subdivision Title is generated by Realmo AI

    Cade Circle lot 33, Leesburg, AL 35983

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    LAND - Leesburg, AL

    Added:
    Jun 4, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 6 at 4:06 am

    Property Features for Cade Circle lot 33

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    131501010000069.033

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    William Mitchell

    Listing agent William Mitchell License #134367-0

    Listing office Keller Williams Signature Prop 1027 W Main Street, Centre, AL

    Listing date Jun 4, 2026

    MLS# 21919965 Listing URL

    Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Wooded lot in the established Taylor Ridge subdivision
    • Public water available; sewer via public sewer
    • Natural gas available, with underground utilities
    • Paved, curbed streets in the subdivision
    • Minutes from Weiss Lake public boat launches

    Overview

    This residential lot is located within the established Taylor Ridge subdivision and is described as wooded. The property includes access within a paved, curbed street setting, with public sewer and county water noted as available, along with natural gas and underground utilities.

    The lot is in Leesburg, Alabama in Cherokee County. Public remarks also note proximity to Weiss Lake public boat launches, making the area relevant for buyers who want lake access while building in a neighborhood environment.

    For homebuilders, this parcel offers a straightforward starting point with utilities already available at the site and a developed street layout inside the subdivision. It is a practical choice for anyone looking to bring their own plans and construct a primary residence in a neighborhood that already has basic infrastructure in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Leesburg
    County
    Cherokee
    State
    Alabama
    Longitude
    -85.75318773
    Latitude
    34.19341749

    Nearby Similar for Sale

    • $927,700
      8,460 SF

      Fenced Multi-Building Industrial Campus

      Five-building industrial campus with offices and warehousing, fully fenced for secure, flexible operations on US 411.
      5855 Weiss Lake Boulevard, Leesburg, AL 35983
      View Details
    • $285,000
      2,000 SF

      Turnkey Doublewide Income Property

      Two move-in ready doublewide homes on 2.9 acres, supported by multiple septic and water services for flexible use.
      755 County Road 355, Leesburg, AL 35983
      View Details
    • $927,700
      8,500 SF

      Commercial Property on US 411

      Versatile commercial property with high visibility and traffic count.
      5855 Weiss Lake Boulevard, Leesburg, AL 35983
      View Details
    • $149,000

      Waterfront RV Lot with Camper

      Spacious waterfront RV lot with included 2016 Forest River camper.
      2516 US Hwy 411 N, Leesburg, AL 35983
      View Details
    • $60,000
      450 SF

      Leesburg Commercial Opportunity For Sale

      Former service station/general store on corner lot for sale.
      845 US Hwy 411, Leesburg, AL 35983
      View Details
    • $60,000

      Former Service Station on Corner Lot

      Commercial opportunity on 0.36 acres with high visibility.
      845 US Hwy 411, Leesburg, AL 35983
      View Details
    • $99,000

      Land in Leesburg, Alabama

      Land available for sale in Leesburg, Alabama.
      836 County Road 359, Leesburg, AL 35983
      View Details
    • $350,000

      Multi-Family Property on 2.9 Acres

      Multi-family property with homes, sites, and utilities on 2.9 acres.
      755 County Road 355, Leesburg, AL 35983
      View Details
    • $299,000

      Lakefront Lot with Dock

      Lakefront 0.5 acre lot with pavilion and private dock.
      Highway 273 lot: 0, Leesburg, AL 35983
      View Details
    • $50,000

      Leesburg Land with Lake View

      Unrestricted corner lot near Weiss Lake with utility access.
      County Road 249 lot: 1, Leesburg, AL 35983
      View Details
    • $49,000

      Leesburg Wooded Land For Sale

      3.1 acres of wooded land with utilities in place.
      400 County Road 915, Leesburg, AL 35983
      View Details
    • $250,000

      Leesburg Land on US Hwy

      5.88+/- acre property with high visibility on US Hwy 411.
      5.88 acres US Hwy 411 E, Leesburg, AL 35983
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Build in a developed subdivision with paved, curbed streets and available utilities.
    Where is this residential land & home lot located?
    The property is located at Cade Circle lot 33 Leesburg, AL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Wooded lot in the established Taylor Ridge subdivision; Public water available; sewer via public sewer; Natural gas available, with underground utilities
    (706) 266-2311
    We can help!
    Listing Contact
    William Mitchell
    Real Estate License ID: 134367-0
    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
    Cade Circle lot: 33, Leesburg, AL 35983
    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!