Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3120 Co Rd 14 Waterloo, AL 35677

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $149,500

    22-acre retreat bordering Lauderdale County Wildlife Management Area.

    Type:Lots/Land
    Lot size:
    22.00 Acres
    Added:
    Feb 19, 2026
    Days on Market:
    58
    Last Refresh:
    Apr 8 at 12:16 am

    Property Features for 3120 Co Rd 14

    General Information

    Standard status
    Active
    Lot size
    22.00 Acres
    Property subtype
    Lots/Land

    We can help!

    Listing Contact
    Tracy Black
    Tracy Black

    Listing agent Tracy Black License #000109910

    Listing office Marmac Real Estate - The Shoals

    Listing date Feb 19, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Marmac Real Estate - The Shoals

    Overview

    Waterloo Land Borders Wildlife Area

    This 22-acre property is located in Waterloo, Alabama, and borders the Lauderdale County Wildlife Management Area. The property offers views and surroundings. It includes a tiny house or hunting cabin suitable for weekend getaways or as a hunting basecamp. The property is suited for outdoor activities such as hunting, hiking, and wildlife watching. It is suited for those seeking a private escape.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Suggested Use

    Real Estate Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Lauderdale
    State
    Alabama
    Longitude
    -88.072192
    Latitude
    34.966638

    Nearby Similar for Sale

    • $145,000

      Waterloo, AL Hunting and Recreational Land

      40-acre hunting and recreational land bordering Lauderdale Wildlife Management Area.
      1 CR 45, Waterloo, AL 35677
      View Details
    • $149,500

      Waterloo, Alabama Acreage For Sale

      22 acres bordering Lauderdale County Wildlife Management Area.
      3120 Co Rd 14, Waterloo, AL 35677
      View Details
    • $110,000

      Waterloo Acreage with Shop Building

      10-acre property with cleared sites and shop building.
      5925 Co Rd 83, Waterloo, AL 35677
      View Details
    • $215,000

      Waterloo Acreage with Development Potential

      Land with utilities, creek, and potential building sites.
      6208 Co Rd 8, Waterloo, AL 35677
      View Details
    • $225,000

      Waterloo Hunting Land with Timber

      61.8 acre hunting paradise with rolling hills and timber.
      0 County Road 79, Waterloo, AL 36577
      View Details
    • $225,000

      Waterloo, AL Hunting Land

      61.8+/- acre hunting paradise with abundant wildlife.
      County Rd 79, Waterloo, AL 36577
      View Details
    • $120,000

      Waterloo Acreage with Utilities

      16.93 acres in Waterloo, AL with utilities available.
      6330 Co Rd 87, Waterloo, AL 35677
      View Details
    • $215,000

      Waterloo Land with Store Building

      Land with store building, suitable for family home or getaway.
      6208 Co Rd 8, Waterloo, AL 35677
      View Details
    • $350,000

      Pickwick Lake Waterfront Lot

      1.93-acre lakefront lot on Pickwick Lake with private beach.
      00 Paradise Dr, Waterloo, AL 35677
      View Details
    • $120,000

      Waterloo Hunting Land For Sale

      16.93 acres of wooded land in Waterloo Community.
      6330 Co Rd 87, Waterloo, AL 35677
      View Details
    • $114,900

      Waterloo Land Parcel on Hwy 20

      17.87 acres of unrestricted land on Hwy 20.
      Tract 7 Hwy 20, Waterloo, AL 35677
      View Details
    • $159,900

      Unrestricted Land in Waterloo, Alabama

      24.50 unrestricted acres of land available for purchase.
      Tract 6 Hwy 20, Waterloo, AL 35677
      View Details

    FAQs

    What type of property is this?
    Hunting land - 22-acre retreat bordering Lauderdale County Wildlife Management Area.
    Where is this hunting land located?
    The property is located at 3120 Co Rd 14 Waterloo, AL.
    What is the asking price?
    The asking price for this property is $149,500.
    What are key features of this property?
    This property features: Borders Lauderdale County Wildlife Management Area - direct access for hunting/hiking.; 22 Acres of land.; Includes a tiny house/hunting cabin.
    (256) 349-3638
    We can help!
    Listing Contact
    Tracy Black
    Tracy Black
    Real Estate License ID: 000109910
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!