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    500 Pond Creek Rd Luverne, AL 36049

    For Sale
    $50,000

    Country living, city minutes away.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Own a piece of Alabama countryside with this exceptional 10-acre residential lot located just minutes from Luverne. Priced affordably at $50,000, this property offers a unique blend of rural tranquility and convenient access to urban amenities. The land boasts approximately 350 feet of road frontage and extends approximately 1000 feet in depth, providing ample space for building a home, cabin, or RV campsite. Currently featuring five-year-old planted pines, easily removed with readily available mulching services, the land presents several ideal building sites. Utilities, including power and water, are conveniently accessible along Pond Creek Road, and annual property taxes are estimated at around $25. Enjoy the freedom to raise farm animals such as cows, horses, or chickens, subject to the zoning restrictions detailed below. The property is situated in a prime hunting location, known for its healthy deer and turkey populations. Zoning restrictions limit the property to a maximum of two dwellings per 10 acres, prohibit mobile home parks, and exclude commercial chicken houses. Precise location: Section 8, Township 9 North, Range 18 East, Latitude 31.7719, Longitude -86.2831. Access is via 300 Pond Creek Rd, Luverne, AL 36049. From the Luverne traffic light, travel 4.7 miles north on Hwy 331, turn right onto Pond Creek Rd, and proceed 0.6 miles; the property will be on your right.

    Property Features for 500 Pond Creek Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • $50,000 asking price for 10 acres of land.
    • Located in Luverne, Alabama, in Crenshaw County (zip code 36049).
    • Residential land with no permitted zoning restrictions, but with limitations on dwelling units and commercial uses.
    • Features approximately 350 feet of road frontage and is 1000 feet deep.
    • Utilities (power and water) available at the road; low annual property taxes (approximately $25).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Luverne
    County
    Crenshaw
    State
    Alabama
    Longitude
    -86.281552492134
    Latitude
    31.772649218917

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    FAQs

    What type of property is this?
    Land - Country living, city minutes away.
    Where is this land located?
    The property is located at 500 Pond Creek Rd Luverne, AL.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: $50,000 asking price for 10 acres of land.; Located in Luverne, Alabama, in Crenshaw County (zip code 36049).; Residential land with no permitted zoning restrictions, but with limitations on dwelling units and commercial uses.
    (334) 335-6784
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    Luverne, AL 36049
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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
    500 Pond Creek Rd Luverne, AL 36049
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