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

    6810 Co Rd 91 Rogersville, AL 35652

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $535,000

    12.9 acres suitable for wedding venue, office, or warehouse.

    Type:Lots/Land
    Lot size:
    12.90 Acres
    Added:
    Apr 22, 2025
    Days on Market:
    362
    Last Refresh:
    Apr 8 at 12:13 am

    Property Features for 6810 Co Rd 91

    General Information

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

    We can help!

    Listing Contact
    Ted L Wylie
    Ted L Wylie

    Listing agent Ted L Wylie License #000027024

    Listing office APEX Realty Group LLC

    Listing date Apr 22, 2025

    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 APEX Realty Group LLC

    Overview

    Versatile Rogersville Property with Acreage

    This 12.9-acre property, located on the edge of Rogersville, Alabama, presents a variety of potential business uses, including a wedding venue, office space, or warehouse. The property features an office and an extra-large shop. The level land could also be suitable for building a home and farm. The site offers potential for an auction house, warehouse, office, rental, equipment storage, and sales.
    Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Hair Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Rogersville
    County
    Lauderdale
    State
    Alabama
    Longitude
    -87.29472
    Latitude
    34.80358

    Nearby Similar for Sale

    • $324,500
      3,222 SF

      Rogersville Commercial Property For Sale

      Newly renovated commercial property with high visibility and investment potential.
      3790 Hwy 207, Rogersville, AL 35652
      View Details
    • $899,900
      3,000 SF

      Rogersville Commercial Property on Highway

      12.5 acres with 3,000 sq ft office building.
      15701 Highway 72 W, Rogersville, AL 35652
      View Details
    • $415,000

      Waterfront Land with Metal Shop

      5.64 acres waterfront property featuring a 40'x70' conditioned metal shop.
      623 Davis Road, Rogersville, AL 35652
      View Details
    • $425,000

      Commercial Lot on Highway 72

      Commercial lot with highway frontage, Rogersville, Alabama.
      16402 Highway 72, Rogersville, AL 35652
      View Details
    • $119,900

      Scenic Rogersville Acreage with Views

      Four-acre tract with water views, ideal for custom home.
      0 Co Rd 113, Rogersville, AL 35652
      View Details
    • $324,500
      3,222 SF

      Renovated Commercial Property Near Rogersville

      Newly renovated commercial property with high visibility and business potential.
      3790 Hwy 207, Rogersville, AL 35652
      View Details
    • $2,100,000

      Rogersville Land Near Joe Wheeler

      135 acres next to Tennessee River and Joe Wheeler State Park.
      430 Wheeler Hills Road, Rogersville, AL 35652
      View Details
    • $49,900

      Unrestricted Land Near Rogersville, AL

      1.84-acre unrestricted lot ready for building near Rogersville, AL.
      Tract 3 County Road 51, Rogersville, AL 35652
      View Details
    • $240,000

      Waterfront Lot in Rogersville, AL

      Partially wooded lot with seasonal waterfront on Wheeler Lake.
      226 Reynolds Drive, Rogersville, AL 35652
      View Details
    • $240,000

      Waterfront Lot in Rogersville, AL

      Partially wooded lot with seasonal waterfront on Wheeler Lake.
      226 Reynolds Dr, Rogersville, AL 35652
      View Details
    • $129,000

      Residential Acreage Near Downtown Rogersville

      2.9 acre residential lot near historic downtown Rogersville, Alabama.
      0 Lee St, Rogersville, AL 35652
      View Details
    • $949,000
      9,100 SF

      Highway 72 Shopping Center

      Six-unit shopping center on Highway 72, Rogersville, Alabama.
      16493 Highway 72, Rogersville, AL 35652
      View Details

    FAQs

    What type of property is this?
    Land - 12.9 acres suitable for wedding venue, office, or warehouse.
    Where is this land located?
    The property is located at 6810 Co Rd 91 Rogersville, AL.
    What is the asking price?
    The asking price for this property is $535,000.
    What are key features of this property?
    This property features: Versatile property suitable for multiple businesses like a wedding venue, office, or warehouse.; Large 12.9‑acre lot offers significant development potential.; Includes an office and extra‑large shop.
    (256) 415-5151
    We can help!
    Listing Contact
    Ted L Wylie
    Ted L Wylie
    Real Estate License ID: 000027024
    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!