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

    1222 Jim Boyd Road, Pickensville, AL 35447

    View on Map
    Claim this Listing
    For Sale
    $3,900,000

    668-acre Alabama property featuring a lodge and guest house.

    Type:Land / Acreage (10 acres or less)
    Property size:
    29,098,080 SF
    Lot size:
    668.00 Acres
    Price / SF:
    $0.13/SF
    Added:
    Aug 4, 2023
    Days on Market:
    1033
    Last Refresh:
    May 13 at 9:34 pm

    Property Features for 1222 Jim Boyd Road

    General Information

    Standard status
    Active
    Size
    29,098,080 SF
    Lot size
    668.00 Acres
    Property subtype
    Land / Acreage (10 acres or less)

    We can help!

    Listing Contact
    Scott S Lindsey
    Scott S Lindsey

    Listing agent Scott S Lindsey License #21155

    Listing office United Country - Southern States Realty

    Listing date Aug 4, 2023

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of United Country - Southern States Realty

    HighLights

    • Waterfront lodge featuring 6 beds, 3.5 baths, screened porches, and sunset views.
    • Guest house with 3 beds and 2.5 baths, comfortably sleeping 22 guests total.
    • 668 acres of land with improved road system through hardwood stands along the Tenn‑Tom River.
    • Abundant wildlife with fields for deer and turkeys, flooded cypress brakes for waterfowl, and deer stands.
    • Timber component of mixed pine/hardwood forest with potential for timber harvesting.
    • Property has been a family retreat for over 70 years and a site for weddings and social functions.

    Overview

    Owl Creek is a 668-acre property located on the Alabama/Mississippi boundary in Pickens County, Alabama, east of Macon, Mississippi. The property features a lodge situated on the water's edge, containing 6 beds, 3.5 baths, screened porches, and dining and entertaining areas. A guest house on the north end of the lake includes 3 beds and 2.5 baths. Owl Creek can accommodate 22 guests. The property has been a family retreat for over 70 years and has hosted weddings and other social functions. An improved road system winds through hardwood stands along the Tenn-Tom River. Wildlife fields, flooded cypress brakes for waterfowl, and deer stands are located throughout the property. The timber component of Owl Creek is mainly mixed pine/hardwood forest, with scattered areas of managed loblolly pine. A new owner could add more habitat and recover some of the purchase price by taking advantage of the timber market in the area.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Real Estate Agency Restaurant Department Store Grocery & Convenience Store Tattoo & Piercing Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pickensville
    County
    Pickens
    State
    Alabama
    Longitude
    -88.064
    Latitude
    33.2267

    Nearby Similar for Sale

    • $19,000

      Residential Land in Rivermont Community

      Land prepped for building in private Rivermont Community, Pickensville, AL.
      231 Pinecrest Lane, Pickensville, AL 35447
      View Details
    • $19,000

      Land in Rivermont Community

      Residential lot ready for building in a private, gated community.
      259 Pinecrest Ln, Pickensville, AL 35447
      View Details
    • $14,900

      Pickensville Land Near Rivermont

      Three-acre semi-wooded lot suitable for construction or mobile home.
      569 Gore Road, Pickensville, AL 35447
      View Details
    • $3,900,000

      Pickensville Land with Lodge and Lake

      668 acres featuring a lodge, guest house, and lake.
      1222 Boyd Road, Pickensville, AL 35447
      View Details

    FAQs

    What type of property is this?
    Recreation land - 668-acre Alabama property featuring a lodge and guest house.
    Where is this recreation land located?
    The property is located at 1222 Jim Boyd Road Pickensville, AL.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: Waterfront lodge featuring 6 beds, 3.5 baths, screened porches, and sunset views.; Guest house with 3 beds and 2.5 baths, comfortably sleeping 22 guests total.; 668 acres of land with improved road system through hardwood stands along the Tenn‑Tom River.
    (601) 248-3561
    We can help!
    Listing Contact
    Scott S Lindsey
    Scott S Lindsey
    Real Estate License ID: 21155
    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
    1222 Jim Boyd Road, Pickensville, AL 35447
    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!