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

    County Road 33 Louisville, AL 36048

    View on Map
    Sponsored
    For Sale
    $434,808

    LAND - Louisville, AL

    Lot size:
    87.84 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 13 at 9:06 am

    Property Features for County Road 33

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    06-29-08-34-0-000-002.001
    Lot size
    87.84 Acres

    We can help!

    Listing Contact
    Stephanie Hawkins
    Stephanie Hawkins

    Chattahoochee Realty Group, LLC (334) 232-4099

    Listing agent Stephanie Hawkins (334) 695-1347

    Listing date Mar 12, 2026

    MLS# 30861 Listing URL

    Copyright © 2026 Eufaula 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.

    Learn more

    Overview

    87.14 Acres Hunting/Recreational Land

    This 87.14 acre recreational and hunting tract is located in Louisville, AL. The well-maintained property is suited for hunters, outdoor enthusiasts, or those seeking a private rural retreat with wildlife habitat and infrastructure. The land includes two stands of mature planted pines, offering both beauty and potential timber value. Approximately 15 acres consist of 20-year-old planted pines, with an additional 6 acres of 20-year-old planted pines, creating cover and natural habitat for wildlife. Improvements on the property include a silo, a new pole barn, and an interior road system that provides access throughout the tract. The property is fenced along the front and sides, with additional fencing along portions of the back boundary. For hunters, the property includes two custom-built shooting houses overlooking established food plots. Wildlife is abundant throughout the area, with frequent sightings of whitetail deer, wild turkey, wild boar, bobcats, and coyotes. This Barbour County tract offers a combination of timber, wildlife habitat, and functional improvements.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Louisville
    County
    Barbour
    State
    Alabama
    Longitude
    -85.52823231
    Latitude
    31.71801185

    FAQs

    What type of property is this?
    Hunting land - Recreational and hunting tract with mature planted pines.
    Where is this hunting land located?
    The property is located at County Road 33 Louisville, AL.
    What is the asking price?
    The asking price for this property is $434,808.
    What are key features of this property?
    This property features: - 87.14 acre recreational and hunting tract with excellent wildlife habitat.; - Two stands of mature planted pines (15 acres and 6 acres of 20-yr-old pines) offering timber value and wildlife cover.; - Includes two custom-built shooting houses overlooking established food plots for deer and turkey hunting.
    (334) 695-1347
    Request Owner's contact information
    County Road 33 Louisville, AL 36048
    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.
    County Road 33
    Louisville, AL 36048
    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
    County Road 33 Louisville, AL 36048
    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

    We can help!
    Listing Contact
    Stephanie Hawkins
    Stephanie Hawkins
    Real Estate License ID: 92043
    (334) 695-1347 (334) 232-4099 (334) 687-3690
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!