Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Gordo, AL Title is generated by Realmo AI

    4 hwy 159, Gordo, AL 35466

    View on Map
    Claim this Listing
    For Sale
    $89,500

    LAND - Gordo, AL

    Property size:
    1,600 SF
    Lot size:
    10.17 Acres
    Price / SF:
    $55/SF
    Added:
    Apr 15, 2026
    Days on Market:
    28
    Last Refresh:
    May 12 at 5:06 pm

    Property Features for 4 hwy 159

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    10-01-02-0-000-010.000
    Size
    1,600 SF
    Lot size
    10.17 Acres

    Taxes and HOA fees

    Tax Description
    parcel 4 of 6 parcels surveyed by Black Warrior Survey

    We can help!

    Listing Contact
    Zeke Zeanah
    Zeke Zeanah

    Listing agent Zeke Zeanah

    Listing office Advantage Realty Group 1641 McFarland Blvd, N, Tuscaloosa, AL

    Listing date Apr 15, 2026

    MLS# 174651 Listing URL

    Copyright © 2026 West Alabama 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

    • 10.17+- acre parcel ready for your dream home
    • Minimum 1600 sq ft residential build ensures quality construction
    • Horses allowed, bring your equine companions
    • Wooded lot offering privacy and a serene setting
    • Located in a desirable community near Gordo, AL
    • No mobile homes permitted, maintaining property values

    Overview

    This 10.17-acre parcel, identified as Parcel #4, is located north of Gordo, Alabama. It is situated within a residential neighborhood consisting of six wooded lots, offering privacy. The neighborhood has a minimum requirement of 1,600 square feet for residential construction. The property allows for keeping horses. Mobile homes are not permitted.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Gordo
    County
    Pickens
    State
    Alabama
    Longitude
    -87.8974071
    Latitude
    33.327807

    Nearby Similar for Sale

    • $1,000,000

      Industrial Property on 11 Acres

      Industrial property with multiple warehouses on 11+/- acres.
      7533 SALEM Rd, Gordo, AL 35466
      View Details
    • $151,470

      Land with Pasture and Creek

      47+/- acres featuring pasture land and a running creek.
      Benevola Road, Gordo, AL 35466
      View Details
    • $69,900

      Residential Land in Gordo, Alabama

      6.83+- acre residential land for sale in Gordo, AL.
      5 hwy 159, Gordo, AL 35466
      View Details
    • $79,900

      Residential Land in Gordo, Alabama

      8.69-acre residential land parcel in a desirable community.
      6 hwy 159, Gordo, AL 35466
      View Details
    • $64,900

      Residential Land in Gordo, AL

      6.45+- acre residential land for sale in Gordo, AL.
      2 hwy 159, Gordo, AL 35466
      View Details
    • $79,500

      Residential Land in Gordo, AL

      8.65+- acre residential land for sale in Gordo, AL.
      3 hwy 159, Gordo, AL 35466
      View Details
    • $47,500

      Gordo, AL - 5 Acres

      5 acre parcel ready for your dream home.
      1 Dunn Creek Road, Gordo, AL 35466
      View Details
    • $49,900

      Residential Land in Gordo, AL

      4.69+- acre residential lots in a desirable community.
      1 hwy 159, Gordo, AL 35466
      View Details
    • $47,500

      Gordo, AL Land Parcel

      Five-acre parcel near Northport with utilities and timber value.
      4 Dunn Creek Road, Gordo, AL 35466
      View Details
    • $47,500

      Gordo, AL Land Parcel

      5-acre land parcel with utilities near Northport, Alabama.
      3 Dunn Creek Road, Gordo, AL 35466
      View Details
    • $47,500

      Gordo, AL - 5 Acre Land

      5 acre parcel ready for your dream home.
      2 Dunn Creek Road, Gordo, AL 35466
      View Details
    • $38,000

      Land Parcel in Gordo, AL

      4-acre land parcel ready for development near Northport.
      5 Dunn Creek Road, Gordo, AL 35466
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 10.17 acre residential land for sale in Gordo, Alabama.
    Where is this residential land & home lot located?
    The property is located at 4 hwy 159 Gordo, AL.
    What is the asking price?
    The asking price for this property is $89,500.
    What are key features of this property?
    This property features: 10.17+- acre parcel ready for your dream home; Minimum 1600 sq ft residential build ensures quality construction; Horses allowed, bring your equine companions
    (205) 799-5844
    We can help!
    Listing Contact
    Zeke Zeanah
    Zeke Zeanah
    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
    4 hwy 159, Gordo, AL 35466
    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!