Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Land in Hollywood, AL Title is generated by Realmo AI

    10 Scenic Drive, Hollywood, AL 35752

    View on Map
    Claim this Listing
    For Sale
    $49,900

    LAND - Hollywood, AL

    Lot size:
    1.00 Acre
    Added:
    Sep 15, 2025
    Days on Market:
    242
    Last Refresh:
    May 14 at 5:06 am

    Property Features for 10 Scenic Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    2803060001010000.
    Lot size
    1.00 Acre

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public
    Water front features
    River Front, Lake, Waterfront
    Water front
    1

    We can help!

    Listing Contact
    Ry Parker

    Listing agent Ry Parker License #101671

    Listing office Realpoint Real Estate 206 S Broad Street, Scottsboro, AL

    Listing date Sep 15, 2025

    MLS# 21868420 Listing URL

    Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approximately 400 feet of frontage on a backwater slough of the Tennessee River.
    • Approximately one acre of gently sloping wooded land.
    • Zone 1: Non‑TVA Shoreland designation allows for dock or structure construction.
    • Waterfront property with River Front, Lake, and Waterfront features.
    • Power and water available at the road.
    • Sewer: Septic Tank

    Overview

    This is a gently sloping, wooded lot that is approximately one acre in size. It features approximately 400 feet of frontage on a backwater slough of the Tennessee River. The water depth in this area is regularly up to 1-2 feet. It is listed as Zone 1: Non-TVA Shoreland for purposes of putting in a dock or other structure. Power and water are available at the road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Center Auto Repair Shop Hair Salon Hotel & Motel Nail Salon Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Jackson
    State
    Alabama
    Longitude
    -85.9352002
    Latitude
    34.7193633

    Nearby Similar for Sale

    • $800,000
      4,200 SF

      Unique Lodge and Venue

      Lodge and venue with Tennessee River views for sale.
      County Road 246 lot: 20, Hollywood, AL 35752
      View Details
    • $399,900
      7,093 SF

      5-Acre Property Near Lake Guntersville

      5 acres with two buildings, near Lake Guntersville.
      594 County Road 42, Hollywood, AL 35752
      View Details
    • $87,000

      Hollywood, AL Land Opportunity

      14.5+/- acre property ideal for hunting or residential homestead.
      3600 County Road 42, Hollywood, AL 35752
      View Details
    • $31,500

      Unrestricted Land in Hollywood, AL

      Unrestricted 1.77-acre lot suitable for various uses.
      River Road lot: C, Hollywood, AL 35752
      View Details
    • $24,000

      Unrestricted Lot in Hollywood, AL

      Buildable, unrestricted 1.1-acre lot with road frontage in Hollywood, AL.
      River Road lot: A, Hollywood, AL 35752
      View Details
    • $25,500

      Unrestricted Land in Hollywood, AL

      Unrestricted 1.16-acre lot suitable for various uses.
      River Road lot: B, Hollywood, AL 35752
      View Details
    • $800,000

      Lodge and Venue with River Views

      Unique 6-bed lodge and venue with Tennessee River views.
      Lot 20 County Road 246, Hollywood, AL 35752
      View Details
    • $399,900

      Land Near Lake Guntersville

      Five-acre property with development potential near Lake Guntersville.
      594 County Road 42, Hollywood, AL 35752
      View Details
    • $100,000

      Expansive Land in Hollywood, AL

      6.6-acre lot near Highway 72, ideal for custom projects.
      396 Bob Haas Road, Hollywood, AL 35752
      View Details
    • $132,000

      Commercial Land on Highway 72

      3.3 acre commercial lot with high visibility.
      3.30 ACRES Alabama Highway 72, Hollywood, AL 35752
      View Details
    • $59,900
      174,240 SF

      Unrestricted Land in Hollywood, Alabama

      Four unrestricted acres near Scottsboro and the Tennessee River.
      42 County Road 42, Hollywood, AL 35752
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - One-acre waterfront land with 400 feet of frontage.
    Where is this waterfront land located?
    The property is located at 10 Scenic Drive Hollywood, AL.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: Approximately 400 feet of frontage on a backwater slough of the Tennessee River.; Approximately one acre of gently sloping wooded land.; Zone 1: Non‑TVA Shoreland designation allows for dock or structure construction.
    (205) 657-6573
    We can help!
    Listing Contact
    Ry Parker
    Real Estate License ID: 101671
    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
    10 Scenic Drive, Hollywood, AL 35752
    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!