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    Highway 243 Phil Campbell, AL 35581

    Sponsored
    For Sale
    $278,000

    Hunt, Timber, & Industrial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 97+/- acre property in Franklin County, Alabama, presents a unique investment opportunity. Located on Highway 243, just 15 minutes from Phil Campbell and 45 minutes from the Shoals area, this land boasts a diverse landscape ideal for hunting and recreation. The property features a mix of mature hardwoods and pines, providing excellent habitat for deer and turkey. Turkey Creek traverses the land, offering abundant water sources and bedding areas for wildlife. An established logging roadbed connects Highway 243 to Turkey Creek, providing convenient access throughout the property. Electricity is readily available nearby. This versatile land is suitable for various uses, including hunting, timber production, and potential industrial development. The property is also divisible into two tracts: Tract 1 (41+/- acres) for $119,000 and Tract 2 (56+/- acres) for $159,000. Its prime location offers easy access to Decatur (1 hour), Huntsville (under 1.5 hours), and Cullman (under 1.5 hours), making it an attractive investment with significant potential. The asking price for the entire 97+/- acres is $278,000. The property's zip code is 35581.

    Property Features for 0 Highway 243

    General Information

    Property type
    Agricultural land
    Lot Size
    4,225,320 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Phil Campbell
    County
    Franklin
    State
    Alabama
    Longitude
    -87.60525
    Latitude
    34.36219

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    FAQs

    What type of property is this?
    Agricultural land - Hunt, Timber, & Industrial Land
    Where is this agricultural land located?
    The property is located at Highway 243 Phil Campbell, AL.
    What is the asking price?
    The asking price for this property is $278,000.
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    Highway 243 Phil Campbell, AL 35581
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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
    Highway 243 Phil Campbell, AL 35581
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