Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Greenville Land with Paved Access Title is generated by Realmo AI

    11218 Halso Mill Road, Greenville, AL 36037

    View on Map
    Claim this Listing
    For Sale
    $35,140

    LAND - GREENVILLE, AL

    Lot size:
    5.02 Acres
    Added:
    Mar 16, 2026
    Days on Market:
    60
    Last Refresh:
    May 14 at 7:06 pm

    Property Features for 11218 Halso Mill Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    5.02 Acres

    Taxes and HOA fees

    Tax Description
    Lot 8-Survey Plat

    Utilities

    Utilities
    Electricity Available
    Water source
    Public

    We can help!

    Listing Contact
    Zack Jones
    Zack Jones

    Listing agent Zack Jones

    Listing office ALABAMA REAL ESTATE CONNECTION Alabama Real Estate Connection, LLC 110 Memorial Parkway, Troy, AL

    Listing date Mar 16, 2026

    MLS# 30430 Listing URL

    Copyright © 2026 Pike County 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

    • 5.02 acre lot suitable for a homesite or mini‑farm.
    • Conveniently located minutes from Greenville.
    • Paved road frontage for easy access.
    • Beautiful pine and hardwood timber on the property.
    • Gently rolling terrain.
    • Electricity and public water available.

    Overview

    This 5.02-acre lot (Lot 8) presents an opportunity for a homesite or mini-farm, located a short distance from Greenville. The tract features paved road frontage and a mix of pine and hardwood timber across gently rolling terrain. The setting offers a peaceful rural environment with convenient access to town. Additional acreage is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Greenville
    County
    Butler
    State
    Alabama
    Longitude
    -86.6110939
    Latitude
    31.8062927

    Nearby Similar for Sale

    • $1,200,000
      34,632 SF

      Greenville Commercial Property For Sale

      Commercial property with high traffic, prime location, and development potential.
      1007 Fort Dale Road, Greenville, AL 36037
      View Details
    • $249,764

      Versatile Land with Highway Frontage

      73-acre tract with highway frontage near Greenville, Alabama.
      0 Pineapple Hwy, Greenville, AL 36037
      View Details
    • $899,000

      Commercial Investment Property in Greenville

      0.52 acre commercial property featuring gas station and grocery store.
      100 N College St. Greenville, AL 36037, GREENVILLE, AL 36037
      View Details
    • $6,000

      Land in Greenville, Alabama

      Three lots available for commercial use, totaling 3.32 acres.
      Cedar Street, Greenville, AL 36037
      View Details
    • $120,000
      1,594 SF

      Downtown Greenville Commercial Space

      Renovated commercial space in historic downtown Greenville.
      114 W Commerce Street, Greenville, AL 36037
      View Details
    • $292,500

      Prime Commercial Land in Greenville

      13-acre commercial property with high traffic and development potential.
      Greenville Bypass, GREENVILLE, AL 36037
      View Details
    • $150,000

      Commercial Land on Hwy 10

      1.93 acre commercial land with high visibility and access.
      1610 E Commerce St., GREENVILLE, AL 36037
      View Details
    • $128,475

      Greenville Land For Residential Development

      5.71 acres in Greenville, AL, ideal for residential development.
      Thames Street, GREENVILLE, AL 36037
      View Details
    • $450,000
      1,176 SF

      Commercial Building on Greenville Bypass

      Two-building commercial property with office, living space, and metal building.
      318 Greenville Bypass, Greenville, AL 36037
      View Details
    • $135,000

      Approximately 14-Acre Land Parcel

      Land parcel in Camellia Meadows, close to Greenville amenities.
      325 Honoraville Road, Greenville, AL 36037
      View Details
    • $40,000

      9.16 Acres of Wooded Land

      9.16 acre wooded land parcel with road frontage.
      2300 Vickery Road, GREENVILLE, AL 36037
      View Details
    • $350,000

      100 Acres Development Land Greenville

      100 acres of prime development land in Greenville, Alabama.
      0 SouthConnecuh Street, Greenville, AL 36037
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 5.02 acres near Greenville, suitable for homesite or mini-farm.
    Where is this agricultural land / farmland located?
    The property is located at 11218 Halso Mill Road Greenville, AL.
    What is the asking price?
    The asking price for this property is $35,140.
    What are key features of this property?
    This property features: 5.02 acre lot suitable for a homesite or mini‑farm.; Conveniently located minutes from Greenville.; Paved road frontage for easy access.
    (334) 672-0002
    We can help!
    Listing Contact
    Zack Jones
    Zack Jones
    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
    11218 Halso Mill Road, GREENVILLE, AL 36037
    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!