Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lake Martin Shovel-Ready Lot Title is generated by Realmo AI

    TBD 16 WAR DANCE Trail, Dadeville, AL 36853

    View on Map
    Claim this Listing
    For Sale
    $55,000

    LAND - DADEVILLE, AL

    Lot size:
    0.56 Acres
    Added:
    May 14, 2026
    Days on Market:
    20
    Last Refresh:
    Jun 2 at 5:06 am

    Property Features for TBD 16 WAR DANCE Trail

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.56 Acres

    We can help!

    Listing Contact
    SAMANTHA LEWIS
    SAMANTHA LEWIS

    Listing agent SAMANTHA LEWIS

    Listing office CAST AND KEY REALTY LLC 15846 E US HWY 80, WAVERLY, AL

    Listing date May 14, 2026

    MLS# 180455 Listing URL

    Copyright © 2026 Lee County 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

    • Shovel‑ready lot: Excavation complete, silt fence installed, current perc test in hand.
    • Lake Martin access via Indian Shores POA common area.
    • .56‑acre wooded lot in established Indian Shores Subdivision.
    • Indian Shores POA membership available.
    • Deed restrictions maintain neighborhood character (780 sq ft minimum build, no mobile homes).
    • Prime location near Lake Martin.

    Overview

    This 0.56-acre wooded lot is located in the Indian Shores Subdivision and is ready to build. Excavation is complete, a silt fence is installed, and a current perc test is in hand. The property includes access to the Indian Shores POA Lake Martin water common area. Indian Shores POA membership is available. Deed restrictions include a 780 sq ft minimum build and no mobile homes.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Dadeville
    County
    Tallapoosa
    State
    Alabama
    Longitude
    -85.7362
    Latitude
    32.8401

    Nearby Similar for Sale

    • $1,495,000
      4,150 SF

      COMMERCIAL - Dadeville, AL

      2027 Barrons Bridge Rd, Dadeville, AL 36853
      View Details
    • $349,000

      Dadeville Commercial Land on Highway

      11-acre commercial land with highway frontage in growing Dadeville, AL.
      0 Highway 280, Dadeville, AL 36853
      View Details
    • $545,000
      5,000 SF

      Dadeville Commercial Property with Storage

      Commercial property featuring workshops, storage units, and expansion potential.
      323 Fulton St, Dadeville, AL 36853
      View Details
    • $12,000

      Residential Lot in Dadeville, AL

      In-town lot for a future home or investment property.
      198 MCKELVEY Street, DADEVILLE, AL 36853
      View Details
    • $1,400,000
      1,000 SF

      Unrestricted Land on Highway 49

      12+/- acres of unrestricted land with road frontage.
      6476 S HIGHWAY 49, DADEVILLE, AL 36853
      View Details
    • $160,000

      Lake Martin Water-Access Home Site

      Double lot with assigned boat slip in gated community.
      75 Still Creek Pond Rd, Dadeville, AL 36853
      View Details
    • $299,000

      Waterfront Lot on Lake Martin

      Lake Martin waterfront lot with sandy entry and views.
      Woodland Rd, Dadeville, AL 36853
      View Details
    • $4,250,000

      Lake Martin Development Opportunity

      79 acres with 4,500 feet of Lake Martin frontage.
      AL-49 Highway, Dadeville, AL 36853
      View Details
    • $349,000

      Waterfront Lot for Dream Home

      Waterfront lot near marina, ideal for walk-out basement home.
      Blue Creek Cir lot: 10, Dadeville, AL 36853
      View Details
    • $34,900
      560 SF

      Storage Unit Near Lake Martin

      14' x 40' storage unit near Lake Martin.
      10462 County Road 34 #4, DADEVILLE, AL 36853
      View Details
    • $150,000

      Historic Dadeville Commercial Building

      Commercial building in downtown Dadeville, ready for transformation.
      118 W Cusseta St, Dadeville, AL 36853
      View Details
    • $1,590,000

      67 Acres Near Lake Martin

      67 acres with multiple metal buildings near Lake Martin.
      4240 Highway 49, Dadeville, AL 36853
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Ready-to-build lot with lake access in Indian Shores Subdivision.
    Where is this residential land & home lot located?
    The property is located at TBD 16 WAR DANCE Trail Dadeville, AL.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: Shovel‑ready lot: Excavation complete, silt fence installed, current perc test in hand.; Lake Martin access via Indian Shores POA common area.; .56‑acre wooded lot in established Indian Shores Subdivision.
    (334) 703-2810
    We can help!
    Listing Contact
    SAMANTHA LEWIS
    SAMANTHA LEWIS
    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
    TBD 16 WAR DANCE Trail, DADEVILLE, AL 36853
    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!