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    Lee Road 345, Unit 5 Salem, AL 36874

    New
    For Sale
    $50,576

    LAND - Salem, AL

    Type:Single Family Residence
    Lot size:
    3.01 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 11 at 7:06 pm

    Property Features for Lee Road 345

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Single Family Residence
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Wooded
    Zoning
    res
    Lot size
    3.01 Acres

    WADDELL REALTY COMPANY (706) 653-1400

    Listing agent Tina Stewart (706) 653-1400 License #85716

    Listing date Dec 11, 2025

    MLS# E102511 Listing URL

    Copyright © 2025 East Alabama 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.

    Overview

    Wooded Lot Near Lake Harding

    This 3.01 acre wooded lot is located in the Stone Trace development, near Lake Harding. The community offers a quiet environment while remaining accessible to everyday necessities. The lot is planned to have public water and a septic system. Purchase of the lot must include a contract to build a home, with over 250 plans available.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Salem
    County
    Lee
    State
    Alabama
    Longitude
    -85.146821
    Latitude
    32.667069

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    FAQs

    What type of property is this?
    Residential land & home lot - 3.01 acre wooded lot near Lake Harding.
    Where is this residential land & home lot located?
    The property is located at Lee Road 345, Unit 5 Salem, AL.
    What is the asking price?
    The asking price for this property is $50,576.
    What are key features of this property?
    This property features: - 3.01 acre wooded lot near Lake Harding; - Located in the Stone Trace development, a quiet community; - **Opportunity to build a custom home with 250+ plans to choose from**
    (706) 653-1400
    Request Owner's contact information
    Lee Road 345, Unit 5 Salem, AL 36874
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    Salem, AL 36874
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    Realmo Value Estimation

    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

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    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.

    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
    Lee Road 345, Unit 5 Salem, AL 36874
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