Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    306 Acres Prime Development Land Title is generated by Realmo AI

    12960 County Rd 48, Silverhill, AL 36576

    View on Map
    For Sale
    $6,600,000

    306 Acres Land For Sale - Fish River Acreage

    Property size:
    13,329,360 SF
    Lot size:
    306.00 Acres
    Price / SF:
    $0.50/SF
    Added:
    Mar 11, 2025
    Days on Market:
    448
    Last Refresh:
    Mar 16 at 9:06 am

    Property Features for 12960 County Rd 48

    General Information

    Standard status
    Active
    Property type
    Other land, Residential land & home lots, Agricultural land / Farmland, Land
    Size
    13,329,360 SF
    Elevators
    N/A
    Lot size
    306.00 Acres

    We can help!

    Listing Contact
    Paul Salter

    Listing agent Paul

    Listing office

    Listing date Mar 11, 2025

    Overview

    This exceptional 306-acre property presents a unique opportunity for high-end residential development. Located in Silverhill, Alabama, in Baldwin County, this expansive land boasts seven ponds and approximately half a mile of frontage on the scenic Fish River. Adding to its appeal is over 1,300 feet of frontage on County Road 48, providing excellent accessibility. The property's significant size and desirable location offer substantial development potential. City water and sewer services are readily available, simplifying infrastructure needs for future projects. The property is zoned for residential development, though buyers should conduct their own due diligence to confirm zoning and development regulations. This remarkable parcel offers a rare combination of natural beauty, convenient access, and development-ready infrastructure, making it an ideal investment for discerning buyers seeking a prime location for a high-end residential community. This is a truly exceptional opportunity to acquire a substantial tract of land with significant potential for a lucrative development project.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Gym & Fitness Center Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Silverhill
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.7645
    Latitude
    30.5286

    Nearby Similar for Sale

    • $195,000

      Silverhill Land with Steel Building

      Partially cleared 1.6-acre lot with steel building for sale.
      16945 State Highway 104, Silverhill, AL 36576
      View Details
    • $135,000

      Silverhill Land on Camellia Road

      Approximately 2 acres of wooded land near Silverhill, Alabama.
      15675 Camellia Road, Silverhill, AL 36576
      View Details
    • $369,000

      Silverhill Estate-Sized Lot For Sale

      8.6-acre lot ideal for a custom single-family residence.
      20407 West Blvd, Silverhill, AL 36576
      View Details
    • $234,000

      Silverhill Acreage Homesite Opportunity

      Cleared 6-acre homesite in Silverhill, AL, ready for building.
      20049 West Blvd, Silverhill, AL 36576
      View Details
    • $9,500,000

      306 Acres with River Frontage

      Large acreage with development potential in a growing residential area.
      12960 County Road 48, Silverhill, AL 36576
      View Details
    • $1,500,000

      Silverhill Land Parcel For Sale

      20-acre Silverhill parcel with RSF-2 zoning, ideal for development.
      15185 State Highway 104, Silverhill, AL 36576
      View Details
    • $440,000

      Silverhill Land with Mature Hardwoods

      12.45 acre parcel with mature hardwoods near Silverhill.
      County Road 55, Silverhill, AL 36576
      View Details
    • $265,000

      Silverhill Land with Commercial Potential

      5.66 acres in Silverhill, AL with commercial potential.
      0 North Boulevard, Silverhill, AL 36576
      View Details
    • $387,000

      Land Parcel on West Boulevard

      Land parcel located on West Boulevard in Silverhill, Alabama.
      20407 West Boulevard, Silverhill, AL 36576
      View Details
    • $387,000

      Land Parcel on West Boulevard

      Land parcel located on West Blvd in Silverhill, Alabama.
      20407 West Blvd, Silverhill, AL 36576
      View Details
    • $1,400,000
      1,733 SF

      1,736 SF Shell Gas Station For Sale

      Gas station with high sales, expansion potential, prime location.
      15820 Silverhill Ave, Silverhill, AL 36576
      View Details
    • $1,400,000
      1,733 SF

      1,736 SF Shell Gas Station For Sale

      Gas station with high sales, expansion potential, prime location.
      15820 Silverhill Ave, Silverhill, AL 36576
      View Details

    FAQs

    What type of property is this?
    Land - 306 Acres Land For Sale - Fish River Acreage
    Where is this land located?
    The property is located at 12960 County Rd 48 Silverhill, AL.
    What is the asking price?
    The asking price for this property is $6,600,000.
    (251) 948-8000
    We can help!
    Listing Contact
    Paul Salter
    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
    12960 County Rd 48, Silverhill, AL 36576
    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!