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    181 Waldrip Dr Cullman, AL 35057

    For Sale
    $1,633,500

    Prime Cullman acreage, I-65 access. High visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 10+ acre commercial land parcel presents a unique investment opportunity in Cullman, Alabama. Boasting convenient road frontage on County Road 222, this property offers unparalleled accessibility and high visibility. Its strategic location provides close proximity to Interstate 65, ensuring seamless connectivity to major transportation routes. The property's potential is further enhanced by its location near Smith Lake Park, a popular recreational destination, suggesting strong growth potential in the area. A survey is readily available for review. While an older house is situated towards the rear of the property, the expansive acreage offers ample space for a variety of commercial developments. The asking price for this remarkable property is $1,633,500. The property's Assessed Parcel Number (APN) is 24338. The address is 181 Waldrip Drive, Cullman, AL 35057. This is a rare opportunity to acquire a significant land holding in a thriving Alabama community. Don't miss out on this chance to capitalize on the growth potential of this prime commercial location.

    Property Features for 181 Waldrip Dr

    General Information

    Property type
    Land

    HighLights

    • Excellent growth potential, convenient access to Smith Lake Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Pharmacy Auto Parts Store Department Store Food Market Storage Facility Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cullman
    County
    Cullman
    State
    Alabama
    Longitude
    -86.871922700716
    Latitude
    34.130307936198

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    FAQs

    What type of property is this?
    Land - Prime Cullman acreage, I-65 access. High visibility.
    Where is this land located?
    The property is located at 181 Waldrip Dr Cullman, AL.
    What is the asking price?
    The asking price for this property is $1,633,500.
    What are key features of this property?
    This property features: Excellent growth potential, convenient access to Smith Lake Park.; ;
    Request Owner's contact information
    181 Waldrip Dr Cullman, AL 35057
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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
    181 Waldrip Dr Cullman, AL 35057
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