Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    20407 West Boulevard Silverhill, AL 36576

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $387,000

    Land parcel located on West Boulevard in Silverhill, Alabama.

    Type:Land
    Added:
    Mar 16, 2026
    Days on Market:
    34
    Last Refresh:
    Mar 16 at 9:02 am

    Property Features for 20407 West Boulevard

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Jace Odom

    Listing agent Jace Odom

    Listing office

    Listing date Mar 16, 2026

    Source Evrealestate

    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 Jace Odom

    Overview

    Land Parcel on West Boulevard

    The property is a land parcel located on West Boulevard in Silverhill, Alabama. To reach the property, head north on Highway 59, turn left onto AL104 W and continue for approximately 2.5 miles. Turn left onto CR 55 (Broad Street) and proceed for 2 miles until CR 48, where you will turn right. After 0.5 miles, turn right again onto West Boulevard. The parcel will be located approximately 0.5 miles on the left. The property is located in Baldwin County.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Auto Repair Shop Auto Parts Store Department Store HVAC Service Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Silverhill
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.7616663
    Latitude
    30.5216425

    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
    • $387,000

      Silverhill Estate-Sized Lot For Sale

      8.6-acre lot in Silverhill, ideal for custom home.
      20407 West Blvd, Silverhill, AL 36576
      View Details
    • $249,000

      Silverhill Acreage Homesite Opportunity

      Cleared 6-acre homesite in Silverhill, AL, ready for your vision.
      20049 West Blvd unit: 1A, Silverhill, AL 36576
      View Details
    • $9,500,000

      Expansive Land with River Frontage

      306-acre property with Fish River frontage in Silverhill, Alabama.
      12960 County Road 48, Silverhill, AL 36576
      View Details
    • $450,000

      Land Near Silverhill, Alabama

      12.439 acre land parcel south of Silverhill, Alabama.
      0 County Road 55, Silverhill, AL 36576
      View Details
    • $245,000

      Silverhill Land For Sale

      4.7-acre Silverhill lot, ideal for custom home.
      0 South Boulevard, Silverhill, AL 36576-3803
      View Details
    • $175,000

      Waterfront Land on Fish River

      2.36 acre lot with 140+ feet on Fish River.
      0 Woodhaven Dairy Road, Silverhill, AL 36576
      View Details
    • $89,000

      Waterfront Land on Polecat Creek

      Waterfront property on Polecat Creek in Silverhill, Alabama.
      W Woodhaven Dairy Rd, 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
    • $265,000

      Silverhill Land with Commercial Potential

      5.66 acres in Silverhill, AL with commercial potential.
      0 North Boulevard, Silverhill, AL 36576
      View Details
    • $595,000

      Residential Land with Pond, Stream

      17 acre residential building site with pond, stream, and pavilion.
      20125 Matthews Way, 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

    FAQs

    What type of property is this?
    Land - Land parcel located on West Boulevard in Silverhill, Alabama.
    Where is this land located?
    The property is located at 20407 West Boulevard Silverhill, AL.
    What is the asking price?
    The asking price for this property is $387,000.
    What are key features of this property?
    This property features: Located in Baldwin County; Property is located off of Hwy 59; Property is located off of AL104 W
    (251) 223-7303
    We can help!
    Listing Contact
    Jace Odom
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!