Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Waterfront Lot with Deeded Boat Title is generated by Realmo AI

    26 Bluff Dr, Muscle Shoals, AL 35661

    View on Map
    Claim this Listing
    For Sale
    $339,000

    LAND - Muscle Shoals, AL

    Lot size:
    0.48 Acres
    Added:
    Mar 28, 2026
    Days on Market:
    67
    Last Refresh:
    Jun 2 at 2:06 am

    Property Features for 26 Bluff Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    00 Residential
    Standard status
    Active
    APN
    09-02-10-0-000-002.067
    Lot size
    0.48 Acres

    Taxes and HOA fees

    Tax Description
    Lot 26 Lake Ridge
    Tax Annual Amount
    1800

    Utilities

    Water front
    1

    We can help!

    Listing Contact
    Jill Trousdale

    Listing agent Jill Trousdale License #000041254

    Listing office Singing River Realty 1403 Huntsville Rd Suite 3, FLORENCE, AL

    Listing date Mar 28, 2026

    MLS# 527877 Listing URL

    Copyright © 2026 Strategic MLS Alliance, INC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Main Lake waterfront building lot with breathtaking views
    • Deeded and covered boat slip included
    • New waterfront development with underground utilities
    • High‑speed fiber internet access
    • County water service
    • Build your forever home

    Overview

    This 0.48-acre waterfront land is a building lot with a deeded boat slip, situated on the main lake. The property offers views of Wilson Lake and Wheeler Dam. It is part of a new waterfront development that includes underground utilities, county water, and high-speed fiber internet. A community marina with deeded and covered boat slips is an additional feature. The HOA fees are $1,500 per year, increasing to $2,000 with a boat slip. The property is located in Muscle Shoals, Alabama.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Muscle Shoals
    County
    Colbert
    State
    Alabama
    Longitude
    -87.6264
    Latitude
    34.7605

    Nearby Similar for Sale

    • $649,900
      8,600 SF

      Muscle Shoals Commercial Opportunity

      8,600+/- sqft Mueller building on 6.65 acres.
      195 Spout Springs Rd, Muscle Shoals, AL 35661
      View Details
    • $399,900
      2,700 SF

      Muscle Shoals Commercial Corner Lot

      High-visibility corner lot suitable for retail, office, or service businesses.
      2403 Woodward Ave, Muscle Shoals, AL 35661
      View Details
    • $369,900
      1,581 SF

      Muscle Shoals Commercial Corner Lot

      Prime commercial property with high visibility and traffic flow.
      2401 Rosedale Ave, Muscle Shoals, AL 35661
      View Details
    • $650,000

      Wilson Dam Road Commercial Opportunity

      High-visibility commercial land ideal for various business opportunities.
      Wilson Dam Rd, Muscle Shoals, AL 35661
      View Details
    • $399,900
      2,700 SF

      Muscle Shoals Commercial Corner Lot

      High-visibility commercial property suitable for retail, office, or service businesses.
      2403 Woodward Ave, Muscle Shoals, AL 35661
      View Details
    • $599,000

      Waterfront Lot with Lake Views

      0.55 acre waterfront lot with stunning lake views.
      551 Wilson Lake Dr, Muscle Shoals, AL 35661
      View Details
    • $345,000

      Lakefront Lot in Muscle Shoals

      Exclusive lakefront lot with water views and direct lake access.
      32 Grandview Drive, Muscle Shoals, AL 35661
      View Details
    • $740,000
      2,124 SF

      Little Caesars NNN Investment Property

      NNN leased Little Caesars with drive-thru in Muscle Shoals, AL.
      1409 Woodward Ave, Muscle Shoals, AL 35661
      View Details
    • $329,900
      400 SF

      Spacious Warehouse on Acre Lot

      6,296 SF warehouse on an acre near Lowe's.
      208 Industrial Dr, Muscle Shoals, AL 35661
      View Details
    • $257,000

      Waterfront Lot on Wilson Lake

      1.08-acre waterfront lot ready for your dream home.
      Fleetwood Dr lot: 3 & 4, Muscle Shoals, AL 35661
      View Details
    • $250,000

      Waterfront Lot in Muscle Shoals

      Wooded, waterfront lot near golf and clubhouse.
      Donegal Ct, Muscle Shoals, AL 35661
      View Details
    • $699,000
      4,500 SF

      Muscle Shoals Commercial Property For Sale

      Four-unit commercial property in Muscle Shoals, high-traffic location.
      500 Second St, Muscle Shoals, AL 35661
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Main lake waterfront building lot with deeded boat slip.
    Where is this waterfront land located?
    The property is located at 26 Bluff Dr Muscle Shoals, AL.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: Main Lake waterfront building lot with breathtaking views; Deeded and covered boat slip included; New waterfront development with underground utilities
    (256) 810-2016
    We can help!
    Listing Contact
    Jill Trousdale
    Real Estate License ID: 000041254
    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
    26 Bluff Dr, Muscle Shoals, AL 35661
    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!