Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lakefront Residential Land Lot Title is generated by Realmo AI

    42 FISHER WAY lot 42, Vincent, AL 35178

    View on Map
    Claim this Listing
    For Sale
    $64,130

    LAND - VINCENT, AL

    Lot size:
    0.46 Acres
    Added:
    Nov 5, 2014
    Days on Market:
    4228
    Last Refresh:
    Jun 3 at 9:06 pm

    Property Features for 42 FISHER WAY lot 42

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    31-05-21-0-002-039.012
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Description
    LOT 42 CUMBERLAND COVES S/D PHASE ONE MB 2006-72 21-18-3

    Utilities

    Utilities
    Cable Available
    Water source
    Public
    Water front
    1

    We can help!

    Listing Contact
    Mike Carr

    Listing agent Mike Carr License #103985

    Listing office Fields Gossett Realty 508 Martin Street S, Pell city, AL

    Listing date Nov 5, 2014

    MLS# 616873 Listing URL

    Copyright © 2026 Greater Alabama 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

    • Lakefront lot with a view of the lake
    • Located in Cumberland Coves with underground utilities
    • Community amenities include a private boat launch and lighted streets
    • Sidewalks throughout the community
    • Public water available and cable available

    Overview

    Offered for sale is a lakefront land parcel in Cumberland Coves, providing a direct view of the water. The lot spans approximately 0.46 acres and is being marketed as buildable waterfront land within a planned community.

    Cumberland Coves features underground utilities and sidewalks, along with lighted streets throughout the neighborhood. Residents also have access to a private boat launch. The property is located in Vincent, Alabama, within the Pell City School District.

    This parcel is well suited for buyers looking to construct a custom waterfront home with community amenities already in place. The combination of lakefront views and neighborhood infrastructure such as underground utilities, sidewalks, and street lighting can support a more complete residential buildout experience. For those who want boating access without relying solely on public facilities, the included private boat launch is a practical benefit to evaluate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Vincent
    County
    Shelby
    State
    Alabama
    Longitude
    -86.3948
    Latitude
    33.4006

    Nearby Similar for Sale

    • $350,000

      Church in Vincent, Alabama

      Church in Shelby County, AL, suitable for various uses.
      43800 HIGHWAY 25, VINCENT, AL 35178
      View Details
    • $390,000

      Unrestricted Agricultural Land Parcels

      Three parcels totaling nearly 67 acres with utilities at the road and manufactured homes approved under agricultural zoning.
      PINEY WOODS ROAD lot: 3, VINCENT, AL 35178
      View Details
    • $160,875

      Vincent, AL Vacant Land

      9.75 acre gentleman's farm in Shelby County.
      0 Highway 25, Vincent, AL 35178
      View Details
    • $885,000

      Vacant Land Homesite Opportunity

      86.15 acres of land suitable for recreation and homesites.
      3002 US-231, Vincent, AL 35178
      View Details
    • $183,150

      Vincent, AL Vacant Land

      11.1 acres of pasture and timber near Vincent, Alabama.
      0 Highway 25, Vincent, AL 35178
      View Details
    • $225,000

      Vincent, AL Vacant Land

      25+/- acres with creek frontage in Vincent, Alabama.
      001 Thomas Dr, Vincent, AL 35178
      View Details
    • $452,400

      Vincent, AL Vacant Land

      37.7 acres of open land suitable for hay, grazing, hunting.
      0001 Glaze Ferry Road, Vincent, AL 35078
      View Details
    • $350,000
      2,566 SF

      Versatile Church Property in Vincent

      Church property suitable for weddings, daycares, offices, and more.
      43800 Highway 25, VINCENT, AL 35178
      View Details
    • $198,000

      20 Acres in Vincent, AL

      20+/- acre property suitable for building a home.
      1129 HIGHWAY 467 lot: 1, VINCENT, AL 35178
      View Details
    • $99,500

      Vincent, AL Vacant Land

      6+/- acre tract with Spring Creek frontage in Vincent, AL.
      0 Highway 25, Vincent, AL 35178
      View Details
    • $71,500

      Waterfront Lot on Stocked Pond

      Land with access to pond and Lake Logan Martin.
      51 Bells Lane 51, VINCENT, AL 35178
      View Details
    • $61,450

      Unrestricted Residential Development Land

      Unrestricted land in Vincent, Alabama offers room to build without HOA restrictions, per the listing remarks.
      BATES ROAD lot: 0, VINCENT, AL 35178
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Lakefront parcel in Cumberland Coves with underground utilities, sidewalks, lighted streets, and a private boat launch.
    Where is this waterfront land located?
    The property is located at 42 FISHER WAY lot 42 Vincent, AL.
    What is the asking price?
    The asking price for this property is $64,130.
    What are key features of this property?
    This property features: Lakefront lot with a view of the lake; Located in Cumberland Coves with underground utilities; Community amenities include a private boat launch and lighted streets
    (205) 527-4217
    We can help!
    Listing Contact
    Mike Carr
    Real Estate License ID: 103985
    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
    42 FISHER WAY lot: 42, VINCENT, AL 35178
    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!