Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Columbiana Land with Panoramic Views Title is generated by Realmo AI

    2884 Highway 47, Columbiana, AL 35051

    View on Map
    Claim this Listing
    For Sale
    $199,900

    LAND - Columbiana, AL

    Lot size:
    15.17 Acres
    Added:
    Nov 25, 2025
    Days on Market:
    189
    Last Refresh:
    Jun 2 at 7:06 am

    Property Features for 2884 Highway 47

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    303070000010.003
    Lot size
    15.17 Acres

    Taxes and HOA fees

    Tax Description
    See agent notes

    We can help!

    Listing Contact
    April Crawford

    Listing agent April Crawford License #0145950

    Listing office Real Broker, LLC. 1 Chase Corporate Ctr Ste 400, Birmingham, AL

    Listing date Nov 25, 2025

    MLS# 581848 Listing URL

    Copyright © 2026 Montgomery Area Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Breathtaking panoramic views from a prepared homesite on a gentle hillside.
    • Power and water are already on site.
    • Conventional septic system permit in place and valid through June 2030.
    • Approved plot plan and gravel driveway already in place.
    • Mix of cleared and wooded acreage providing open space and natural beauty.
    • Minutes from schools, shopping, and dining, located right off Hwy 47.

    Overview

    This 15.17-acre property, located off Highway 47 in Columbiana, Alabama, offers a canvas for building a home. The land features a mix of cleared and wooded acreage, providing both open space and natural beauty. A gravel driveway leads to a prepared homesite situated atop a gentle hillside, offering panoramic views. Power and water are already on site. The land has passed its perc test, and a conventional septic system permit is in place and valid through June 2030. The property is located minutes from schools, shopping, and dining. It offers possibilities for a private estate, small farm, or peaceful retreat in a serene setting close to the amenities of Columbiana.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Repair Shop Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbiana
    County
    Shelby
    State
    Alabama
    Longitude
    -86.587547
    Latitude
    33.135436

    Nearby Similar for Sale

    • $399,000

      Turnkey Salon in Columbiana

      Established salon, updated, flexible layout, prime location in Columbiana.
      303 W COLLEGE STREET, COLUMBIANA, AL 35051
      View Details
    • $399,900

      Versatile Commercial Building on Highway

      Highway frontage property suitable for retail, office, or automotive use.
      22551 HIGHWAY 25, COLUMBIANA, AL 35051
      View Details
    • $1,200,000

      Medical Office and Land Parcels

      Two parcels including medical office and B-2 zoned land.
      247 WALTON STREET, COLUMBIANA, AL 35051
      View Details
    • $185,000

      Columbiana Land Parcel For Sale

      6.5 acre land parcel in Columbiana, Alabama.
      6809 JOINERTOWN ROAD, COLUMBIANA, AL 35051
      View Details
    • $350,000

      28 Acres of Timberland in Columbiana

      28+/- acre timber tract perfect for estate or recreation.
      Highway 61, Columbiana, AL 35051
      View Details
    • $182,000

      Columbiana Commercial Land For Sale

      5.2+/- acre commercial land with highway frontage near Lay Lake.
      0 Highway 145, Columbiana, AL 35051
      View Details
    • $99,498

      7 Acres Near Columbiana

      7+/- acre tract near Columbiana, ideal for homesite.
      Highway 61, Columbiana, AL 35051
      View Details
    • $85,000

      Land in Downtown Columbiana Area

      1.67 acres to build your dream home in Alabama.
      309 N MAIN STREET, COLUMBIANA, AL 35051
      View Details
    • $350,000

      Columbiana, AL Commercial Land

      8 acres of commercial land in high-traffic area.
      Highway 145, Columbiana, AL 35051
      View Details
    • $300,000

      Columbiana Land with Lake Access

      20-acre estate lot with lake access and community amenities.
      Lot 13/14 HERITAGE LAKE DRIVE, COLUMBIANA, AL 35051
      View Details
    • $199,900

      Columbiana Acreage with Panoramic Views

      15.17 acres ideal for building a dream home.
      2884 HIGHWAY 47, COLUMBIANA, AL 35051
      View Details
    • $124,000

      8 Acres of Land in Shelby

      8 acres of land perfect for building or farming.
      499 SHORES DRIVE, COLUMBIANA, AL 35051
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 15.17 acres ready for your dream home near amenities.
    Where is this residential land & home lot located?
    The property is located at 2884 Highway 47 Columbiana, AL.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Breathtaking panoramic views from a prepared homesite on a gentle hillside.; Power and water are already on site.; Conventional septic system permit in place and valid through June 2030.
    (855) 450-0442
    We can help!
    Listing Contact
    April Crawford
    Real Estate License ID: 0145950
    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
    2884 Highway 47, Columbiana, AL 35051
    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!