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    520 Shackelford Rd Cherokee, AL 35616

    For Sale
    $135,000

    Prime .5-acre lakefront land, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.5-acre waterfront property in Cherokee, Alabama, presents a unique opportunity for those seeking a tranquil lakeside retreat or a permanent residence. Located on Pickwick Lake at 520 Shackelford Rd, 35616, this level lot boasts approximately 100 feet of waterfront, providing direct access to the lake's renowned fishing and boating opportunities. The property's serene and quiet neighborhood offers a peaceful escape, while its ideal location allows for the construction of a boathouse, enhancing the recreational possibilities. Situated in Colbert County, this land is perfectly positioned for enjoying the many water-based activities Pickwick Lake offers. The .49-acre lot is ready for immediate development, making it an attractive option for building a dream home or a weekend getaway. Embrace the lifestyle of waterfront living, combining leisure and comfort in this beautifully quiet setting. Don't miss this chance to own a piece of Pickwick Lake paradise.

    Property Features for 520 Shackelford Rd

    General Information

    Property type
    Land
    Lot Size
    21,780 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cherokee
    County
    Colbert
    State
    Alabama
    Longitude
    -88.050979
    Latitude
    34.7143539

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    FAQs

    What type of property is this?
    Land - Prime .5-acre lakefront land, ready to build.
    Where is this land located?
    The property is located at 520 Shackelford Rd Cherokee, AL.
    What is the asking price?
    The asking price for this property is $135,000.
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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
    520 Shackelford Rd Cherokee, AL 35616
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