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    45 Parkwood Ln Arab, AL 35016

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    For Sale
    $69,000

    Two mobile homes on a private 3-acre lot.

    Property size:
    980 SF
    Lot size:
    3.00 Acres

    Property Features for 45 Parkwood Ln

    General Information

    Size
    980 SF
    Lot size
    3.00 Acres

    Source: Keller Williams Huntsville Agent Tracy Miller

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

    Overview

    3 Acres with Two Mobile Homes

    This property features 3 acres with two mobile homes. One mobile home is a 1985 model, measuring 14x70 and containing 3 bedrooms and 2 full bathrooms. The second mobile home is a 1980 model, measuring 14x56 and containing 2 bedrooms and 1 bathroom. Each mobile home has its own septic system. The property includes a large storm shelter and a 10x12 storage shed. The acreage offers a private setting with frontage on two roads, presenting various possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Building Supply Dental Office Wholesale Shop Auto Repair Shop Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Arab
    County
    Marshall
    State
    Alabama
    Longitude
    -86.5593858
    Latitude
    34.3379216

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    FAQs

    What type of property is this?
    Mobile home & RV park - Two mobile homes on a private 3-acre lot.
    Where is this mobile home & rv park located?
    The property is located at 45 Parkwood Ln Arab, AL.
    What is the asking price?
    The asking price for this property is $69,000.
    What are key features of this property?
    This property features: - 3 Acres of private land; - Two mobile homes included; - Separate septic systems for each mobile home
    Request Owner's contact information
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    Arab, AL 35016
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    Realmo Value Estimation

    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.

    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.

    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
    45 Parkwood Ln Arab, AL 35016
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