Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    52 Acres on AL-118 Title is generated by Realmo AI

    AL-118, Carbon Hill, AL 35549

    View on Map
    Claim this Listing
    For Sale
    $215,000

    Land - Carbon Hill, AL

    Lot size:
    52.00 Acres
    Added:
    Apr 14, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 1 at 10:06 pm

    Property Features for AL-118

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    No Zoning
    Standard status
    Active
    APN
    64 08 07 35 0 000 026.000
    Lot size
    52.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Joseph Howard III Graham

    Listing agent Joseph Howard III Graham License #051323

    Listing office J. H. Graham Real Estate 144 Hwy 269, Jasper, AL 35501, Jasper, AL

    Listing date Apr 14, 2026

    MLS# 26-784 Listing URL

    Copyright © 2026 Walker County Area Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Over 1,700 feet of frontage on Lost Creek, suitable for cabin sites.
    • Over 1,400 feet of frontage on Alabama Hwy 118.
    • Well‑stocked stand of timber with significant value.
    • Flat and easy to work with land.
    • Timber volume information available.
    • Several areas well suited for building along the water.

    Overview

    This property features over 1,400 feet of frontage on Alabama Hwy 118 and more than 1,700 feet along Lost Creek. The land, totaling 52 acres, is flat and easy to work with, supporting a well-stocked stand of timber with significant value. Timber volume information is available for review. The creek frontage provides numerous excellent cabin sites, with several areas well suited for building along the water. The property is located in Carbon Hill, Alabama.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Carbon Hill
    County
    Walker
    State
    Alabama
    Longitude
    -87.5714
    Latitude
    33.9308

    Nearby Similar for Sale

    • $700,000

      Commercial Land I-22 Frontage

      5.6 acres of commercial land with I-22 frontage.
      WOOD LANE AND I-22, Carbon Hill, AL 35549
      View Details
    • $199,999

      55 Acre Carbon Hill Land

      55 acre Carbon Hill land tract near I-22.
      0 DOGTOWN Rd, Carbon Hill, AL 35549
      View Details
    • $700,000

      Unrestricted Land Near I-22

      5.6 acres of land with I-22 access.
      Wood Lane And I-22, Carbon Hill, AL 35549
      View Details
    • $325,000

      Recreational Land in Fayette County

      120+/- acres of recreational land with timber investment potential.
      AL HWY 102, Carbon Hill, AL 35549
      View Details
    • $165,000

      Carbon Hill Land For Sale

      42-acre tract with timber and road frontage in Carbon Hill.
      TOMMY MCGOUGH Rd, Carbon Hill, AL 35549
      View Details
    • $160,000

      Unrestricted Land Near I-22

      Unrestricted land near I-22, Carbon Hill, AL. Potential uses.
      I-22 AND WOOD LANE, Carbon Hill, AL 35549
      View Details
    • $155,000

      Land Near Mill Creek

      42-acre tract near I-22 and Jasper, Alabama.
      TOMMY MCGOUGH Rd, Carbon Hill, AL 35549
      View Details
    • $170,000

      30 Acres Near Lost Creek

      30-acre tract with road frontage and creek access.
      AL-118, Carbon Hill, AL 35549
      View Details
    • $599,000

      Commercial Property Leased to Dollar General

      Approximately 10,000 sq ft commercial property in Carbon Hill, AL.
      31366 1ST AVE NE, Carbon Hill, AL 35549
      View Details
    • $299,000

      Retail Property in Carbon Hill

      Corner lot retail property in Carbon Hill, Alabama, currently leased.
      170 3RD AVE NW, Carbon Hill, AL 35549
      View Details
    • $54,900

      Homesite with Ridge-Top Views

      Homesite in Pea Ridge Community with utilities available.
      0 Frozen Hollow Road, Carbon Hill, AL 35549
      View Details
    • $160,000

      Land Near I-22 Exit

      7.1 acre commercial land parcel near I-22 and Hwy 78.
      WOOD LANE, Carbon Hill, AL 35549
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 52 acres with frontage on AL-118 and Lost Creek.
    Where is this agricultural land / farmland located?
    The property is located at AL-118 Carbon Hill, AL.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Over 1,700 feet of frontage on Lost Creek, **suitable for cabin sites.**; Over 1,400 feet of frontage on Alabama Hwy 118.; **Well‑stocked stand of timber with significant value.**
    (205) 221-6960
    We can help!
    Listing Contact
    Joseph Howard III Graham
    Real Estate License ID: 051323
    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
    AL-118, Carbon Hill, AL 35549
    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!