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    Waterfront Land with Boat Ramp Title is generated by Realmo AI

    133 & 141 Holiday Dr, Dadeville, AL 36853

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    Claim this Listing
    New
    For Sale
    $1,790,000

    LAND - Dadeville, AL

    Lot size:
    1.06 Acres
    Added:
    Jun 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 6 at 1:06 am

    Property Features for 133 & 141 Holiday Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    15 07 35 0 006 050.000 & 15 07 35 0 006 049.000
    Lot size
    1.06 Acres

    Utilities

    Water front features
    Seawall
    Water front
    1

    We can help!

    Listing Contact
    Adam Yager

    Listing agent Adam Yager License #111376

    Listing office Lake Martin Realty - Willow Point 2544 Willow Point Road, Alexander City, AL

    Listing date Jun 5, 2026

    MLS# 26-717

    Copyright © 2026 Lake Martin Area Association 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

    • Two adjoining waterfront lots on North Holiday Drive, available individually or as a package with a combined option.
    • Brand‑new concrete seawall on both lots (waterfront feature: seawall).
    • Approximately 410 ft of shoreline total across the two lots; gently sloping waterfront with deep water access.
    • Lot 9A offers approximately 228 +/- linear ft of shoreline for a custom dock design.
    • Lot 10A offers approximately 123 +/- ft of shoreline and includes a private boat ramp plus a covered boathouse.
    • Unrestricted lots with no HOA and no design limitations.

    Overview

    Two adjoining waterfront land lots are offered at 133 & 141 Holiday Dr in Dadeville, Alabama, available individually or together as a (2) lot package. The property includes a brand-new concrete sea wall on both lots, providing protection for the shoreline. The shoreline offers approximately 410 feet total, with Lot 9A featuring approximately 228 +/- linear feet and Lot 10A providing approximately 123 +/- feet.

    Lot 10A includes a private boat ramp and a covered boathouse, giving you on-site water access. The two-lot combination is described as offering gently sloping waterfront with deep water access. The lots are identified as unrestricted, with no HOA and no design limitations, allowing flexibility for how the property is developed.

    This configuration is well suited for buyers looking to secure waterfront homesites and control the development approach. You can build on one parcel or combine the properties for a larger estate-style setup, with draft floorplans for homes on both lots available upon request. The existing boat amenities on Lot 10A may appeal to full-time residents and weekend buyers who want direct access as part of their build plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Storage Facility HVAC Service Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Dadeville
    County
    Tallapoosa
    State
    Alabama
    Longitude
    -85.830433
    Latitude
    32.760292

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    FAQs

    What type of property is this?
    Waterfront Land - Unrestricted waterfront lots with a new concrete sea wall and private boat access, offering flexible homesite options.
    Where is this waterfront land located?
    The property is located at 133 & 141 Holiday Dr Dadeville, AL.
    What is the asking price?
    The asking price for this property is $1,790,000.
    What are key features of this property?
    This property features: Two adjoining waterfront lots on North Holiday Drive, available individually or as a package with a combined option.; Brand‑new concrete seawall on both lots (waterfront feature: seawall).; Approximately 410 ft of shoreline total across the two lots; gently sloping waterfront with deep water access.
    (256) 212-1433
    We can help!
    Listing Contact
    Adam Yager
    Real Estate License ID: 111376
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    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.

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