Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lanett, AL Wooded Building Lot Title is generated by Realmo AI

    13th Court lot 17 13Th Cou, Lanett, AL 36863

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Lanett, AL

    Lot size:
    0.45 Acres
    Added:
    Feb 17, 2026
    Days on Market:
    106
    Last Refresh:
    Jun 3 at 8:06 am

    Property Features for 13th Court lot 17 13Th Cou

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    121009320002001.024
    Lot size
    0.45 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    87

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Water source
    Public

    We can help!

    Listing Contact
    Deedee Mcgraw

    Listing agent Deedee Mcgraw

    Listing office eXp Realty 1372 Peachtree St NE, Atlanta, AL

    Listing date Feb 17, 2026

    MLS# 10693822 Listing URL

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Wooded building lot perfect for your dream home.
    • Public water available, simplifying your building process.
    • Located on a quiet culdesac, offering peace and privacy.
    • Paved road access ensures easy accessibility.
    • 10 lots available, choose your perfect location.
    • Septic tank sewer system.

    Overview

    This is a 0.45-acre wooded building lot located on a paved road in Lanett, Alabama. Public water is available. The property is restricted to site-built homes with a minimum build size of 1,600 square feet. The lot is situated on a quiet street. This property is identified as lot 17 on 13th Court.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lanett
    County
    Chambers
    State
    Alabama
    Longitude
    -85.191661
    Latitude
    32.857371

    Nearby Similar for Sale

    • $139,900

      Mini Storage Development Opportunity

      Future income-producing property designed as a 28-unit mini storage facility.
      1741 54TH Street SW, LANETT, AL 36863
      View Details
    • $290,000
      2,516 SF

      Lanett Multifamily Investment Opportunity

      Multifamily property with immediate rental income potential in Lanett, AL.
      15-17 E 20TH Street, LANETT, AL 36863
      View Details
    • $1,390,000

      Lanett, Alabama I-85 Development Land

      16.2 acres of commercial land with I-85 frontage.
      3583 45TH Street SW, LANETT, AL 36863
      View Details
    • $298,900

      Self-Service Car Wash Facility

      Asphalt driving surface with four manual wash bays and four vacuums, offering convenient self-service operations.
      1706 S Broad Avenue, Lanett, AL 36863
      View Details
    • $100,000

      Lanett Storage Facility For Sale

      Storage facility in Lanett, AL with value-add opportunity.
      0 S 1st Ave, Lanett, AL 36863
      View Details
    • $298,900

      Lanett Car Wash For Sale

      Operating car wash with manual bays and vacuum stations.
      1706 S BROAD Avenue, LANETT, AL 36863
      View Details
    • $299,500
      3,799 SF

      Commercial Property Near West Point Lake

      Commercial property with gas pumps near West Point Lake.
      1111 County Road 212, LANETT, AL 36863
      View Details
    • $1,475,000

      Lanett Alabama I-85 Development Opportunity

      16.2 acre commercial land with I-85 frontage in Lanett.
      3583 45TH SW Street, Lanett, AL 36863
      View Details
    • $298,900

      Lanett Car Wash For Sale

      Operating car wash with manual bays and vacuum stations.
      1706 S BROAD Avenue, Lanett, AL 36863
      View Details
    • $229,900
      3,612 SF

      Lanett Commercial Land Available

      3-acre commercial land with utilities in Lanett, Alabama.
      2013 VETERANS MEMORIAL Parkway, LANETT, AL 36863
      View Details
    • $1,100,000
      12,320 SF

      Versatile Building with Multiple Potential Uses

      Large building suitable for various purposes, including office or medical.
      415 N Gilmer Avenue, Lanett, AL 36863
      View Details
    • $25,000

      Land For Sale in Lanett

      0.89 acre commercial land available in Lanett, Alabama.
      619 & 629 IVY Court, LANETT, AL 36863
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Wooded building lot on paved road with public water.
    Where is this residential land & home lot located?
    The property is located at 13th Court lot 17 13Th Cou Lanett, AL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Wooded building lot perfect for your dream home.; Public water available, simplifying your building process.; Located on a quiet culdesac, offering peace and privacy.
    (334) 646-0795
    We can help!
    Listing Contact
    Deedee Mcgraw
    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
    13th Court lot: 17 13Th Cou, Lanett, AL 36863
    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!