Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Wilson Dr Troy, AL 36079

    Sponsored
    For Sale
    $54,900

    Vacant Land - Troy, AL

    Lot size:
    0.57 Acres
    Days on Market:
    173
    Last Refresh:
    Jan 18 at 9:06 pm

    Property Features for Wilson Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Lot size
    0.57 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jacob Free

    Tutt Real Estate

    Listing agent Jacob Free (334) 627-4004

    Listing date Jul 30, 2025

    MLS# 11417421 Listing URL

    Copyright © 2026 My State MLS. 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

    Property Insight Report

    Overview

    Land in Troy Country Club

    This 0.57-acre lot is located in the Troy Country Club community. The property is mainly cleared, with a few mature pines. Members of the Troy Country Club have access to an 18-hole golf course, a clubhouse, and a swimming pool. The property is located 2.7 miles from Troy University, 56 miles from Dothan, and 55 miles from Montgomery. This land is intended for residential use, offering the opportunity to build a home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Troy
    County
    Pike
    State
    Alabama
    Longitude
    -85.974399
    Latitude
    31.774186

    Nearby Similar for Sale

    • $725,000
      8.00 Acres

      Residential Land with Equestrian Features

      Five-bedroom home with equestrian facilities near Troy, Alabama.
      704 704 County Rd 7742, Troy, AL 36081
      View Details
    • $126,250
      800 SF

      Furnished House Rental Near Troy

      New, fully furnished 2-bedroom house on 0.25 acres.
      7229 County Road 2262, Troy, AL 36081
      View Details
    • $375,000
      2,004 SF

      Troy Commercial Space For Sale

      Commercial space suitable for medical or office use in Troy.
      101 Hunters Mountain Pkwy, Troy, AL 36079
      View Details
    • $295,000
      19,800 SF

      Established Day Care Business Opportunity

      Day care business with building, equipment, and inventory for sale.
      409 North 3 Notch St, Troy, AL 36081
      View Details
    • $650,000
      7,504 SF

      Troy Commercial Corner Property

      Highly visible commercial property on 2+/- acres in Troy.
      101 N And W Fairview St, Troy, AL 36081
      View Details
    • $650,000
      2.00 Acres

      Commercial Corner Property in Troy

      Highly visible commercial corner property with ample parking and loading.
      101 N And W Fairview St, Troy, AL 36081
      View Details
    • $850,000
      2.06 Acres

      Troy, AL Mobile Home Park

      Fully rented mobile home park with duplex in Troy, AL.
      Hwy, Troy, AL 36079
      View Details
    • $399,000
      7,200 SF

      Troy Commercial Building For Sale

      7,200 sq ft commercial building in the heart of Troy.
      210 S 3 Notch St, Troy, AL 36081
      View Details
    • $175,000
      4,530 SF

      Troy Commercial Property For Sale

      Commercial property in Troy, Alabama, suitable for various businesses.
      2006 N 3 Notch St, Troy, AL 36081
      View Details
    • $1,074,000
      4,244 SF

      Medical Office Building on Highway

      Medical office building with lease in place through April 2026.
      889 Elba Hwy, Troy, AL 36079
      View Details
    • Contact for pricing
      123,860 SF

      Student Housing Community Near Troy

      Purpose-built student housing community located one mile from Troy University.
      826 S 3 Notch St, Troy, AL 36081
      View Details
    • $1,800,000

      Trojan Station RV Park

      Newly developed RV park near Troy University and Troy Sportsplex.
      2282 Al-87 Troy Al 36079, Troy, AL 36079
      View Details

    FAQs

    What type of property is this?
    Land - 0.57 acre lot in Troy Country Club community.
    Where is this land located?
    The property is located at Wilson Dr Troy, AL.
    What is the asking price?
    The asking price for this property is $54,900.
    What are key features of this property?
    This property features: - Located in the desirable Troy Country Club community.; - Enjoy access to the 18-hole golf course, clubhouse, and swimming pool.; - Spacious 0.57 acre lot.
    (334) 627-4004
    Request Owner's contact information
    Wilson Dr Troy, AL 36079
    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.
    Wilson Dr
    Troy, AL 36079
    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
    Wilson Dr Troy, AL 36079
    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
    Jacob Free
    (334) 627-4004
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.