Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Cordova Land for Residential Development Title is generated by Realmo AI

    00 Stella Lockard Rd, Cordova, AL 35550

    View on Map
    Claim this Listing
    For Sale
    $40,000

    Land - Cordova, AL

    Lot size:
    3.80 Acres
    Added:
    May 26, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 2 at 5:06 am

    Property Features for 00 Stella Lockard Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    64 15 09 32 0 000 007.004
    Lot size
    3.80 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Nicole Martin

    Listing agent Nicole Martin License #155200

    Listing office RealtySouth The Harbin Company 1604 5th Avenue South, Jasper, AL 35501, Jasper, AL

    Listing date May 26, 2026

    MLS# 26-1112 Listing URL

    Copyright © 2026 Walker County Area 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.

    HighLights

    • 3.5+/- acres of land
    • Opportunity to build a custom dream home
    • Utilities available at the road
    • Favorable location (based on coordinates)
    • Sizeable acreage offers privacy
    • Blank canvas for landscaping and development

    Overview

    This property features approximately 3.8 acres of land suitable for residential development. According to the listing, utilities are available at the road. The site is presented as a location to build a home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bed & Breakfast Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cordova
    County
    Walker
    State
    Alabama
    Longitude
    -87.084849
    Latitude
    33.782408

    Nearby Similar for Sale

    • $315,000
      9,000 SF

      Cordova Commercial Property on 19 Acres

      Versatile commercial property with 9,000 sqft on 19 acres.
      411 MOUNTAIN VIEW Rd, Cordova, AL 35550
      View Details
    • $190,000

      Cash-Flowing Storage Facility with Expansion Potential

      Storage facility with additional land for expansion on Highway 78.
      6654 HIGHWAY 78, CORDOVA, AL 35550
      View Details
    • $125,000

      21 Acres with Income Potential

      21 acres in Cordova with two tenant-occupied mobile homes.
      851 OLD BANKHEAD HIGHWAY, CORDOVA, AL 35550
      View Details
    • $32,500

      Residential Land in Cordova, Alabama

      1.7+/- acre residential land suitable for building or subdividing.
      RIVERS EDGE Trl, Cordova, AL 35550
      View Details
    • $214,900

      Updated Duplex in Quiet Location

      Well-maintained duplex with immediate income potential near Jasper and Birmingham.
      94 BARTON PLACE, CORDOVA, AL 35550
      View Details
    • $152,000

      38 Acres Wooded Land

      Unrestricted land near Highway 78, close to Jasper and Sumiton.
      OLD BANKHEAD Hwy, Cordova, AL 35550
      View Details
    • $214,900
      3,728 SF

      Updated Duplex Near Jasper

      Well-maintained duplex with strong rental appeal, convenient location.
      94 Barton Place, CORDOVA, AL 35550
      View Details
    • $185,000

      Land in Cordova, Alabama

      Acreage for development or residential use in Cordova, Alabama.
      259 NEW HOPE Dr, Cordova, AL 35550
      View Details
    • $249,900
      5,370 SF

      Cordova Church on 3+ Acres

      Spacious church with fellowship hall, classrooms, and office space.
      2740 River Road, CORDOVA, AL 35550
      View Details
    • $10,000

      Land Available in Cordova, AL

      Approximately 0.93 acres of land suitable for residential use.
      0 STELLA LOCKARD Rd, Cordova, AL 35550
      View Details
    • $32,000

      Waterfront Land Near Jasper

      Waterfront land on Mulberry Fork, Black Warrior River.
      001 Scott Road, CORDOVA, AL 35550
      View Details
    • $189,900

      Waterfront Land on Mulberry Fork

      3.4 acre deeded waterfront lot on Mulberry Fork River.
      Lot 1-A RIVER CREST DRIVE, CORDOVA, AL 35550
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 3.8 acre lot suitable for building a home.
    Where is this residential land & home lot located?
    The property is located at 00 Stella Lockard Rd Cordova, AL.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: 3.5+/- acres of land; Opportunity to build a custom dream home; Utilities available at the road
    (205) 471-8122
    We can help!
    Listing Contact
    Nicole Martin
    Real Estate License ID: 155200
    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
    00 Stella Lockard Rd, Cordova, AL 35550
    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!