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    400 AL-59 Summerdale, AL 36580

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $850,000

    Level, cleared acreage with high visibility; ideal for development.

    Property size:
    856,522 SF

    Description

    Added:
    Feb 19, 2025
    Days on Market:
    327
    This exceptional 19.66-acre parcel in Summerdale, Alabama (zip code 36580), offers unparalleled potential. Located on AL-59, the property boasts excellent visibility, making it highly suitable for a variety of commercial or residential ventures. The land is currently level and cleared, significantly reducing site preparation costs. Two existing billboards are situated on the property, and the signage rights can be transferred to the new owner; the buyer will need to contact the sign company to arrange the transfer. Currently leased for crop production, the lessee will be permitted to harvest the existing crop before the transfer of ownership. It's important to note that the seller will retain all mineral rights. The property is sold "as is." This presents a unique opportunity to acquire a substantial tract of land in a desirable Baldwin County location. The property's size and strategic location make it an attractive investment for developers, businesses, or individuals seeking a significant land holding. Serious inquiries only.

    Property Features for 400 AL-59

    General Information

    Property type
    Other land
    Square Feet
    856,522 SF
    Price / Square Foot
    $0.99
    Elevators
    N/A
    Lot Size
    856,390 SF

    HighLights

    • 20 acres of level, cleared land in Summerdale, Alabama.
    • High visibility location with two existing billboards.
    • Currently leased for crops; buyer inherits existing lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Summerdale
    State
    Alabama

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    FAQs

    What type of property is this?
    Land - Level, cleared acreage with high visibility; ideal for development.
    Where is this land located?
    The property is located at 400 AL-59 Summerdale, AL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 20 acres of level, cleared land in Summerdale, Alabama.; High visibility location with two existing billboards.; Currently leased for crops; buyer inherits existing lease.
    (251) 943-7900
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    400 AL-59 Summerdale, AL 36580
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    Summerdale, AL 36580
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    Realmo Value Estimation

    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.

    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.

    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
    400 AL-59 Summerdale, AL 36580
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