Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Unrestricted Wooded Land in Flomaton Title is generated by Realmo AI

    US Highway 31, Flomaton, AL 36441

    View on Map
    Claim this Listing
    New
    For Sale
    $44,900

    LAND - Flomaton, AL

    Lot size:
    5.70 Acres
    Added:
    May 29, 2026
    Days on Market:
    3
    Last Refresh:
    May 31 at 3:06 am

    Property Features for US Highway 31

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Not Zoned
    Standard status
    Active
    APN
    30-24-09-32-1-001-010.000
    Lot size
    5.70 Acres

    Taxes and HOA fees

    Tax Description
    30-24-09-32-1-001-010.000

    We can help!

    Listing Contact
    Bub Gideons
    Bub Gideons

    Listing agent Bub Gideons License #93778

    Listing office Reynolds Real Estate 28103 Perdido Beach BLVD, Atmore, AL

    Listing date May 29, 2026

    MLS# 397271 Listing URL

    Copyright © 2026 Baldwin 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

    • 5.7 Acres of Unrestricted Land: Freedom for various uses.
    • No HOA and No Known Restrictions: Provides flexibility.
    • Wooded Property with Mature Trees: Ensures natural beauty and privacy.
    • Potential for Various Uses: Suitable for building a dream home or investment.
    • Room to Roam: Offers ample space for trails and recreation.
    • Equitable Interest Listing: Opportunity to acquire the right to purchase.

    Overview

    This 5.7-acre wooded property offers potential for various uses. The unrestricted land allows for building a home, placing a mobile home, creating a weekend getaway, or establishing a private hunting retreat. Mature trees offer natural beauty and seclusion, with space for trails, recreation, and wildlife enjoyment. The property is suitable for country living, investment, or outdoor activities. There are no known restrictions. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. The property is located in Flomaton, Alabama.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Flomaton
    County
    Escambia
    State
    Alabama
    Longitude
    -87.2437
    Latitude
    31.0292

    Nearby Similar for Sale

    • $99,000
      2,522 SF

      Corner Commercial Space in Flomaton

      2,522 SF commercial space on a 0.6+/- acre corner lot.
      303 Palafox Street, Flomaton, AL 36441
      View Details
    • $279,000

      Unrestricted Acreage Near U.S. Highways

      29.9 acres of unrestricted land near Flomaton, Alabama.
      Tom Shivers Road, Flomaton, AL 36441
      View Details
    • $285,000
      4,240 SF

      Highway 31 Commercial Opportunity

      Versatile 4,240+ sq ft commercial space on Highway 31.
      22207 Highway 31, Flomaton, AL 36441
      View Details
    • $279,000

      Unrestricted Acreage Near U.S. Highways

      29.9+/- acres with no zoning near Flomaton, Alabama.
      Tom Shivers Rd, Flomaton, AL 36441
      View Details
    • $208,040

      Secluded Wooded Land in Flomaton

      29.72 acres of wooded land near Flomaton amenities.
      0 Old Fannie Road, Flomaton, AL 36441
      View Details
    • $100,000

      Land Along Little Escambia Creek

      3-acre recreational land along pristine Little Escambia Creek.
      Wolf Log Road, Flomaton, AL 36441
      View Details
    • $100,000

      Land Along Little Escambia Creek

      3-acre recreational land along pristine Little Escambia Creek.
      Wolf Log Road, Flomaton, AL 36441
      View Details
    • $100,000

      Land Along Little Escambia Creek

      3-acre recreational land with creek access in Flomaton, Alabama.
      Wolf Log Road, Flomaton, AL 36441
      View Details
    • $100,000

      Land Near Little Escambia Creek

      Land for sale near Wolf Log Creek in Flomaton, AL.
      Wolf Log Road, Flomaton, AL 36441
      View Details
    • $208,040

      Secluded Wooded Land in Flomaton

      29.72-acre tract offers peaceful, private homesite potential.
      Old Fannie Rd, Flomaton, AL 36441
      View Details
    • $115,000

      Creekfront Land for Outdoor Adventures

      3.5 acres with 500+ feet of creek frontage.
      Creek Adventures Ln lot: 22, Flomaton, AL 36441
      View Details
    • $44,900

      Unrestricted Wooded Land For Sale

      5.7 acres of unrestricted wooded land with endless possibilities.
      Us Hwy 31, Flomaton, AL 36441
      View Details

    FAQs

    What type of property is this?
    Land - 5.7 acres of unrestricted wooded land with endless possibilities.
    Where is this land located?
    The property is located at US Highway 31 Flomaton, AL.
    What is the asking price?
    The asking price for this property is $44,900.
    What are key features of this property?
    This property features: 5.7 Acres of Unrestricted Land: Freedom for various uses.; No HOA and No Known Restrictions: Provides flexibility.; Wooded Property with Mature Trees: Ensures natural beauty and privacy.
    (251) 359-6523
    We can help!
    Listing Contact
    Bub Gideons
    Bub Gideons
    Real Estate License ID: 93778
    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

    Thank You for Inquiry
    US Highway 31, Flomaton, AL 36441
    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!