Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Odenville Land in Creekside Cove Title is generated by Realmo AI

    948 BLUE RIDGE WAY lot 39, Odenville, AL 35120

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - ODENVILLE, AL

    Lot size:
    1.15 Acres
    Added:
    Aug 11, 2021
    Days on Market:
    1759
    Last Refresh:
    Jun 4 at 5:06 am

    Property Features for 948 BLUE RIDGE WAY lot 39

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    24-02-04-0-001-051.000
    Lot size
    1.15 Acres

    Taxes and HOA fees

    Tax Description
    Lot 39 Creekside Cove PH 3

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Terry DeWitt

    Listing agent Terry DeWitt License #49534

    Listing office Lovejoy Realty Inc 11520 US Hwy 411, Odenville, AL

    Listing date Aug 11, 2021

    MLS# 1295098 Listing URL

    Copyright © 2026 Greater Alabama 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

    • Bring your own builder to construct a custom home.
    • No timeframe to build.
    • Community features include walking trails, a pavilion, and a playground.
    • Underground utilities enhance the aesthetic appeal.
    • Minimum square footage requirements: 1500 sq. ft. (one level) or 1800 sq. ft. (multi‑level).
    • Located in the Creekside Cove Community, offering seclusion and privacy.

    Overview

    Discover the Creekside Cove Community, a peaceful and tranquil setting devoted to seclusion, privacy, and relaxation. This residential land is tailored to making dreams of building and owning a new home a reality. Located in Odenville, AL, this lot is part of a prestigious new home community. Buyers can bring their own builder to construct a custom-built dream home with no required time frame to build. Minimum square footage requirements are 1500 sq. ft. for one-level homes and 1800 sq. ft. for multi-level homes. Homes are required to be 75% brick or stone and have septic tanks. The community features underground utilities, walking trails, a pavilion, and a playground area. This is Lot 39, sized at 1.15 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Odenville
    County
    St. Clair
    State
    Alabama
    Longitude
    -86.444668
    Latitude
    33.670779

    Nearby Similar for Sale

    • $445,000
      4,300 SF

      Versatile Mixed-Use Commercial Property

      Flexible commercial property with multiple units and potential income.
      1232 ARGO MARGARET ROAD, ODENVILLE, AL 35120
      View Details
    • $795,000

      Recreational Hunting Land Tract

      An approximately 171-acre wooded tract with scenic views and rock formations, accessed via a dirt road segment.
      BAKER ROAD lot: 0, ODENVILLE, AL 35120
      View Details
    • $599,900
      4,646 SF

      Mini Farm on 5.2 Acres

      5.2 acre mini farm with estate home and barn.
      85 Valley View Drive, ODENVILLE, AL 35120
      View Details
    • $145,000

      Unrestricted Commercial Lot For Sale

      Commercial lot in Branch Cove area with no restrictions.
      Branch Cove 25, ODENVILLE, AL 35120
      View Details
    • $59,900

      Odenville Acreage: Build Your Dream

      3.24 acre home site, build your dream home!
      445 PARKWOOD DRIVE lot: 67 & 68, ODENVILLE, AL 35120
      View Details
    • $29,900

      ODENVILLE Acreage: Build Your Dream

      1.81+/- acre home site, build your dream home!
      100 FALLVIEW WAY lot: Tract 2, ODENVILLE, AL 35120
      View Details
    • $80,000

      Residential Lot with Mountain Views

      Residential lot ready for new construction with mountain views.
      940 CEDAR CREEK ROAD lot: 4, ODENVILLE, AL 35120
      View Details
    • $220,000

      Agricultural Land with Pond

      Ten acres of farmland in St. Clair County featuring a pond and road access from Hwy 174.
      13100 ALABAMA HIGHWAY 174 lot: 10.1 Acres, ODENVILLE, AL 35120
      View Details
    • $34,900

      Odenville Acreage: Build Your Dream

      Over an acre homesite, build your dream home!
      155 PARKWOOD WAY lot: 100, ODENVILLE, AL 35120
      View Details
    • $55,000

      Residential Land Lot

      Residentially zoned 2.17-acre homesite with covenants, restrictions, and a minimum home size requirement.
      ARADON TRACE lot: 15, ODENVILLE, AL 35120
      View Details
    • $34,900

      Odenville Acreage: Build Your Dream

      Over an acre homesite, build your dream home!
      115 PARKWOOD WAY lot: 98, ODENVILLE, AL 35120
      View Details
    • $34,900

      Odenville Acreage: Build Your Dream

      Over an acre homesite, build your dream home!
      175 PARKWOOD WAY lot: 101, ODENVILLE, AL 35120
      View Details

    FAQs

    What type of property is this?
    Land - Residential land in a tranquil, custom-home community.
    Where is this land located?
    The property is located at 948 BLUE RIDGE WAY lot 39 Odenville, AL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Bring your own builder to construct a custom home.; No timeframe to build.; Community features include walking trails, a pavilion, and a playground.
    (205) 966-3425
    We can help!
    Listing Contact
    Terry DeWitt
    Real Estate License ID: 49534
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    948 BLUE RIDGE WAY lot: 39, ODENVILLE, AL 35120
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!