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

    Lott Road Chunchula, AL 36521

    View on Map
    Claim this Listing
    For Sale
    $120,000

    LAND - Chunchula, AL

    Lot size:
    13.00 Acres
    Added:
    Dec 7, 2023
    Days on Market:
    868
    Last Refresh:
    Apr 23 at 8:06 pm

    Property Features for Lott Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1404200000003002
    Lot size
    13.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    432

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Angie Tardie
    Angie Tardie

    Listing agent Angie Tardie License #104106

    Listing office IXL Real Estate LLC Mobile, AL

    Listing date Dec 7, 2023

    MLS# 7311318 Listing URL

    Copyright © 2026 Mobile Area 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.

    Overview

    Chunchula Land with No Restrictions

    This property features 13 acres of land located off Lott Road in Chunchula, Alabama. The land has no restrictions, making it suitable for building a dream home or manufactured home. A cleared area is present on the property, which is mostly wooded. A stream runs through the property, offering the potential to build a lake or enjoy the surrounding woods. Underground power, water, and septic are available on the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Chunchula
    County
    Mobile
    State
    Alabama
    Longitude
    -88.277325
    Latitude
    30.905032

    Nearby Similar for Sale

    • $335,000

      Chunchula Land Investment Opportunity

      7.6 acres in Chunchula, Alabama, ideal for commercial or residential.
      Celeste Road, Chunchula, AL 36521
      View Details
    • $105,000

      Land in Chunchula, Alabama

      5.4 acre property offers privacy, space, and convenience.
      10770 Highway 45, Chunchula, AL 36521
      View Details
    • $145,000

      Acreage Land with Pond

      Unrestricted 14.6-acre land with pond, suitable for various homes.
      Old Citronelle Highway, Chunchula, AL 36522
      View Details
    • $99,000
      1,680 SF

      Commercial Opportunity in Chunchula, Alabama

      Versatile commercial property suitable for various business ventures.
      10625 Lott Road, Chunchula, AL 36521
      View Details
    • $28,000

      Unrestricted Land in Chunchula, AL

      0.89 acre lot suitable for mobile homes or RVs.
      Williamson Road, Chunchula, AL 36521
      View Details
    • $94,900

      Chunchula Land with Private Pond

      5 acres featuring a pond, ready for your dream home.
      15226 Celeste Road, Chunchula, AL 36521
      View Details
    • $198,000

      Recreational Land with Mixed Timber

      113 acres of hunting and recreational land in Chunchula.
      Evans Road, Chunchula, AL 36521
      View Details
    • $335,000

      7.6 Acres on Celeste Road

      Partially wooded 7.6-acre commercial land in Chunchula, Alabama.
      00000 Celeste Road, Chunchula, AL 36522
      View Details
    • $225,000

      Chunchula Acreage: Development or Retreat

      30+ acres in Chunchula, AL, ideal for development/retreat.
      Henry Davis Road, Chunchula, AL 36521
      View Details
    • $8,000

      Chunchula, AL Wooded Land

      Un-zoned wooded lot in a tranquil, rural setting.
      Mims Road, Chunchula, AL 36521
      View Details
    • $8,000

      Chunchula Residential Wooded Lot

      Un-zoned, wooded lot offering privacy and potential in tranquil setting.
      0 Mims Road, Chunchula, AL 36521
      View Details
    • $180,000

      Chunchula Land: Privacy and Possibility

      15 acres of partially wooded, cleared land in Chunchula, Alabama.
      0 Chunchula Landfill Road, Chunchula, AL 36521
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 13 acres in Chunchula, ready for building with utilities.
    Where is this residential land & home lot located?
    The property is located at Lott Road Chunchula, AL.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: 13 Acres of Land with No Restrictions; Cleared Area Ready for Building your dream home or manufactured home; Underground Power, Water, and Septic Included
    (251) 423-6926
    We can help!
    Listing Contact
    Angie Tardie
    Angie Tardie
    Real Estate License ID: 104106
    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!