Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Lot in Lake Wildwood Title is generated by Realmo AI

    ASHBOROUGH DRIVE lot 65, Cottondale, AL 35453

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - COTTONDALE, AL

    Lot size:
    0.65 Acres
    Added:
    May 27, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 3 at 9:06 pm

    Property Features for ASHBOROUGH DRIVE lot 65

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    29-08-28-0-005-077.000
    Lot size
    0.65 Acres

    Taxes and HOA fees

    Tax Description
    Lot 65 In Lake Wildwood Subd

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Tricia Gray

    Listing agent Tricia Gray

    Listing office Keller Williams Tuscaloosa 1490 Northbank Pkwy Ste 180, Tuscaloosa, AL

    Listing date May 27, 2026

    MLS# 21454249 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

    • Private lake access within the Lake Wildwood community.
    • Convenient location near the neighborhood lake and gazebo.
    • Affordable lot in a highly sought‑after community.
    • Minutes from shopping, restaurants, schools, and town.
    • Serene atmosphere and easy access to community gathering spaces.
    • Opportunity to build now or invest for the future.

    Overview

    This 0.65-acre residential lot is located in the Lake Wildwood community. The property is situated near the neighborhood lake and gazebo. The location provides access to community gathering spaces. The established neighborhood is located minutes from shopping, restaurants, and schools. The property is suitable for building a home or for investment purposes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Cottondale
    County
    Houston
    State
    Alabama
    Longitude
    -87.4077
    Latitude
    33.1759

    Nearby Similar for Sale

    • $650,000

      Pad-Ready Commercial Lot Available

      High-traffic commercial lot with stormwater detention in place.
      5541 University Boulevard E, Cottondale, AL 35453
      View Details
    • $675,000

      Pad-Ready Commercial Lot Available

      High-traffic commercial lot with stormwater detention in place.
      5521 University Boulevard E, Cottondale, AL 35453
      View Details
    • $991,900
      7,200 SF

      Spacious Showroom/Warehouse Near Interstate

      7,200 SF showroom/warehouse with easy interstate access.
      5335 Skyland E Boulevard, COTTONDALE, AL 35453
      View Details
    • $22,000

      Residential Land in Cottondale, AL

      0.52 acre lot for residential development in Cottondale, AL.
      Ashborough Drive, Cottondale, AL 35453
      View Details
    • $200,000

      Commercial Land with Highway Frontage

      Nearly 6 acres with substantial highway frontage and convenient access to I-20/59 for commercial development in Cottondale.
      University Boulevard E, Cottondale, AL 35453
      View Details
    • $239,900

      Commercial Land in Cottondale, AL

      Vacant commercial land with high traffic count near Interstate.
      4 University Boulevard E, Cottondale, AL 35453
      View Details
    • Contact for pricing
      228,000 SF

      Cottondale Warehouse with Highway Frontage

      228,000 SF warehouse in active automotive market, near I-20/59.
      10400 Technology Dr, Cottondale, AL 35453
      View Details
    • $400,000

      Cottondale Land on Hwy 11

      5.94 acres with road frontage near Interstate and University.
      00 University E Boulevard, Cottondale, AL 35453
      View Details
    • $100,000

      Land Near Mercedes-Benz Plant

      15.66 acres ideal for a dream home or retreat.
      14304 Hargrove Road E, Cottondale, AL 35453
      View Details
    • $25,000

      Residential Lot in Lake Wildwood

      Residential lot near lake and gazebo in established community.
      Ashborough Drive lot: 65, Cottondale, AL 35453
      View Details
    • $12,500

      Residential Lot in Lake Wildwood

      Residential lot for sale in Lake Wildwood community.
      ASHBOROUGH DRIVE lot: 117, COTTONDALE, AL 35453
      View Details
    • $199,000

      23-Acre Land in Cottondale, AL

      23-acre property with multiple potential home sites near Mercedes and I20/59.
      N Davis Road, Cottondale, AL 35453
      View Details

    FAQs

    What type of property is this?
    Land - Residential lot in established community near lake, shopping, and schools.
    Where is this land located?
    The property is located at ASHBOROUGH DRIVE lot 65 Cottondale, 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: Private lake access within the Lake Wildwood community.; Convenient location near the neighborhood lake and gazebo.; Affordable lot in a highly sought‑after community.
    (205) 799-9610
    We can help!
    Listing Contact
    Tricia Gray
    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
    ASHBOROUGH DRIVE lot: 65, COTTONDALE, AL 35453
    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!