Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    County Road 93 1 Jemison, AL 35085

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $499,000

    One acre commercial land parcel with existing billboard contract.

    Type:Lots/Land
    Lot size:
    1.00 Acre
    Added:
    Mar 9, 2026
    Days on Market:
    40
    Last Refresh:
    Apr 7 at 9:31 pm

    Property Features for County Road 93 1

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre
    Property subtype
    Lots/Land

    We can help!

    Listing Contact
    Angie Scarbrough

    Listing agent Angie Scarbrough License #101116

    Listing office RealtySouth - Chilton II

    Listing date Mar 9, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RealtySouth - Chilton II

    Overview

    Land Parcel with Billboard Income

    This commercial opportunity features a 1-acre land parcel located alongside Interstate 65. The property includes an existing billboard with a secured contract, providing a steady income stream. Sewer lines are already present on the property, and a power pole is also located on site. Note that if the billboard contract is terminated, an easement for the surrounding land and permission for billboard maintenance access will be required.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Food Market HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Jemison
    County
    Chilton
    State
    Alabama
    Longitude
    -86.766257
    Latitude
    32.94023

    Nearby Similar for Sale

    • $1,500,000

      Established Restaurant in Growing Area

      Thriving restaurant in high-traffic location with loyal customer base.
      12367 COUNTY ROAD 42, JEMISON, AL 35085
      View Details
    • $749,000
      7,500 SF

      Jemison Commercial Property with Warehouse

      7.14 acre commercial property with warehouse and expansion potential.
      10000 County Road 42, Jemison, AL 35085
      View Details
    • $1,000,000

      50 Acre Land in Jemison

      Partially cleared land near I-65, ideal for development or estate.
      0 COUNTY ROAD 48, JEMISON, AL 35085
      View Details
    • $749,000
      7,500 SF

      Jemison Commercial Property with Warehouse

      7.14 acre commercial property with warehouse and office space.
      10000 County Road 42, Jemison, AL 35085
      View Details
    • $699,000
      16,150 SF

      Spacious Showroom and Warehouse Building

      16,150 SF showroom and warehouse on main road.
      9900 County Road 42, JEMISON, AL 35085
      View Details
    • $18,500

      Corner Lot in Jemison

      Highly visible corner lot ready to rebuild in Jemison.
      848 HIGHWAY 191, JEMISON, AL 35085
      View Details
    • $720,000
      1,568 SF

      Equestrian Property with Extensive Amenities

      83-acre horse lover's dream with modern living spaces.
      521 County Road 151, JEMISON, AL 35085
      View Details
    • $148,500

      JEMISON, AL Wooded Acreage

      11 acres of wooded land located near the city.
      0 SYCAMORE STREET, JEMISON, AL 35085
      View Details
    • $85,000
      2,364 SF

      Jemison Church with Versatile Space

      Church in Jemison suitable for various uses and investment.
      161 Thomas Street, JEMISON, AL 35085
      View Details
    • $1,000,000

      Partially Cleared Land in Jemison

      Land in Collins Chapel area, ideal for subdivision or estate.
      County Road 48 1, JEMISON, AL 35085
      View Details
    • $60,000
      2,268 SF

      Jemison Storage Facility Opportunity

      Storage facility or commercial building for sale in Jemison, Alabama.
      1390 County Road 50, JEMISON, AL 35045
      View Details
    • $292,500

      33-Acre Land Parcel

      33-acre land parcel suitable for home or subdivision.
      153 County Road 153 n/a, JEMISON, AL 35085
      View Details

    FAQs

    What type of property is this?
    Commercial land - One acre commercial land parcel with existing billboard contract.
    Where is this commercial land located?
    The property is located at County Road 93 1 Jemison, AL.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: High‑visibility 1‑acre land parcel located alongside Interstate 65; Existing billboard with secured contract provides a steady income stream; Sewer lines already on the property
    (205) 587-4906
    We can help!
    Listing Contact
    Angie Scarbrough
    Real Estate License ID: 101116
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!