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    Lakefront Living in Camden, Alabama Title is generated by Realmo AI

    898 Lakeshore Drive, Camden, AL 36726

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    Claim this Listing
    For Sale
    $374,700

    Farm / Farmhouse, House (Attached) - Camden, AL

    Type:Farm
    Lot size:
    0.77 Acres
    Added:
    May 17, 2026
    Days on Market:
    17
    Last Refresh:
    Jun 2 at 5:06 am

    Property Features for 898 Lakeshore Drive

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Living Room
    Parking features
    Garage
    Interior features
    Walk-in Closet
    Appliances
    Dishwasher, Microwave, Refrigerator, Washer
    Standard status
    Active
    Lot size
    0.77 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Cooling system
    Central Air
    Water front features
    Wfriver, Waterfront
    Water front
    1

    Building Details

    Year built
    2005
    Year renovated
    2005
    Floors in Building
    2
    Flooring type
    Hardwood
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Stephanie Hines

    Listing agent Stephanie Hines

    Listing office THE HOMESTEAD GROUP LLC 1600 Ashton Ave, Nashville, AL

    Listing date May 17, 2026

    MLS# 11776922 Listing URL

    Copyright © 2026 My State 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 property on Lake Dannelly with private dock, gazebo, and firepit area
    • Remodeled 4‑bedroom, 2.5‑bath home with modern updates and move‑in ready condition
    • Spacious living areas with hardwood flooring, updated lighting, and neutral tones
    • Updated kitchen with stainless appliances and abundant cabinetry
    • Expansive covered front porch and back deck for outdoor living and entertaining
    • Two‑car garage with new automatic garage doors

    Overview

    Located in Camden, Alabama, this remodeled waterfront property at 898 Lakeshore Drive offers a blend of modern updates and outdoor entertaining spaces. The spacious home features 4 bedrooms and 2.5 bathrooms and has been renovated. The interior includes hardwood flooring, updated lighting, and neutral tones, with living areas and a refreshed kitchen featuring cabinetry and stainless appliances. The home provides multiple living and dining spaces filled with natural light, while oversized porches facilitate indoor-outdoor living. A two-car garage offers storage and covered parking with new automatic garage doors. The property includes a covered front porch with seating areas and a back deck overlooking the water. Upstairs, an open loft and hallway overlook add character and flexibility for additional living space, office area, or recreation space. The property features a waterfront with a dock suitable for fishing and kayaking, a firepit area, and a lit waterfront gazebo. This property is suited for use as a full-time residence or vacation getaway on Lake Dannelly.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Camden
    County
    Wilcox
    State
    Alabama
    Longitude
    -87.268429
    Latitude
    32.042845

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    FAQs

    What type of property is this?
    Farm - Remodeled waterfront retreat with modern updates and outdoor entertaining spaces.
    Where is this farm located?
    The property is located at 898 Lakeshore Drive Camden, AL.
    What is the asking price?
    The asking price for this property is $374,700.
    What are key features of this property?
    This property features: Lakefront property on Lake Dannelly with **private dock, gazebo, and firepit area**; Remodeled 4‑bedroom, 2.5‑bath home with modern updates and move‑in ready condition; Spacious living areas with hardwood flooring, updated lighting, and neutral tones
    (205) 225-4447
    We can help!
    Listing Contact
    Stephanie Hines
    Request Owner's contact information
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    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.

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