Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Riverfront Residential Lot in Gated Community Title is generated by Realmo AI

    Judge Greene Place Road lot 21, Greensboro, AL 36744

    View on Map
    Claim this Listing
    For Sale
    $54,900

    LAND - Greensboro, AL

    Lot size:
    1.66 Acres
    Added:
    Aug 15, 2025
    Days on Market:
    296
    Last Refresh:
    Jun 6 at 10:06 pm

    Property Features for Judge Greene Place Road lot 21

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Outside Corp Limits,Singl
    Standard status
    Active
    APN
    20 06 24 0 000 001.002
    Lot size
    1.66 Acres

    Taxes and HOA fees

    Tax Description
    Metes and Bounds: LOT#21 JUDGE GREENE SUB; PHASE I; MB3 PG31-36 [911 Address has already been assigned. Please use 1637 Judge Greene Place Rd when writing a contract.]

    Utilities

    Water front features
    River Front

    We can help!

    Listing Contact
    Patty Helton Davis
    Patty Helton Davis

    Listing agent Patty Helton Davis License #8210

    Listing office PHD Realty, LLC 1812 South Main Street, Atmore, AL

    Listing date Aug 15, 2025

    MLS# 383817 Listing URL

    Copyright © 2026 Baldwin 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

    • 1.66‑acre riverfront lot on the Black Warrior River in Judge Greene Place (Lot 21), in a private gated community.
    • Water and underground power are available for the property.
    • Private subdivision boat ramp provides direct access to the Black Warrior River and the Intracoastal Waterway.
    • Annual HOA fee is $400; private roads and secure gated entrance are included.
    • Located about 5 miles from the new West Alabama Highway (under construction).
    • Buyer to verify all information during due diligence.

    Overview

    A buildable riverfront residential lot in a private, gated subdivision, Lot 21 at Judge Greene Place totals 1.66 acres and is positioned along the Black Warrior River. Public water and underground power are already available, helping streamline planning for your future home. The community is governed by protective covenants, and the subdivision is served by private roads with a secure gated entrance.

    The property sits within a scenic river setting with direct recreation access supported by a private subdivision boat ramp. That access provides connectivity to the river and the Intracoastal Waterway. The listing also notes proximity to Greensboro, with the town’s historic downtown minutes away, plus a nearby road project referenced as the new West Alabama Highway (under construction).

    For buyers seeking a river retreat, weekend getaway site, or a homesite in a controlled-access community, this parcel offers a straightforward path to construction. The combination of utilities on-site and established subdivision amenities such as private roads, gated entry, and a community boat ramp makes it well-suited for planning a customized build when you’re ready. Buyer to verify all information during due diligence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Greensboro
    County
    Hale
    State
    Alabama
    Longitude
    -87.5841
    Latitude
    32.7252

    Nearby Similar for Sale

    • $209,900
      1,968 SF

      Historic Greensboro Bungalow Restaurant Space

      Updated 1920s bungalow with commercial kitchen and restaurant space.
      902 Wheelan St, Greensboro, AL 36744
      View Details
    • $267,900

      74 Acres of Wooded Land

      Unrestricted land with mature trees and creek near Tuscaloosa.
      County Road 4, Greensboro, AL 36744
      View Details
    • $24,900

      Greensboro, Alabama Wooded Lot

      2.81 acre wooded lot near restaurants in Greensboro, Alabama.
      Jones Street, Greensboro, AL 36744
      View Details
    • $100,000

      Greensboro, AL Vacant Land

      14 acre mini farm near Tuscaloosa and Alabama Gulf Coast.
      0 County Rd 51, Greensboro, AL 36033
      View Details
    • $186,440

      Hale County Hunting and Recreational Land

      46.61-acre hunting and recreational property in Hale County, Alabama.
      46.61+/- Acres County Road 51, Greensboro, AL 36744
      View Details
    • $238,440

      Hale County Land For Sale

      59.61 acre hunting and recreational land near Greensboro, Alabama.
      59.61+/- Acres County Road 51, Greensboro, AL 36744
      View Details
    • $50,000

      10 Acres Wooded Land

      Private 10-acre wooded property with active creek near Greensboro.
      Walker Street, Greensboro, AL 36744
      View Details
    • $99,000

      19 Acres Mini Farm Land

      19 acres of usable land near Greensboro, Alabama.
      5291 CR-51, Greensboro, AL 36744
      View Details
    • $184,900
      1,300 SF

      Multifamily and Office Investment Opportunity

      Home, mobile home, and office building for sale.
      78 Millwood Road, Greensboro, AL 36744
      View Details
    • $58,500

      Versatile Land Tract in Alabama

      13-acre tract suitable for building, recreation, or investment.
      13+/- Acres County Road 51, Greenesboro, AL 36744
      View Details
    • $99,500

      31 Acres Vacant Land

      Vacant land with timber, power, and water near Greensboro.
      0 AL Hwy 14, Greensboro, AL 36744
      View Details
    • $64,000

      Hale County Recreational Land Parcel

      11 acres in Hale County, ideal for recreation or building.
      00 COUNTY RD 51, Greensboro, AL 36744
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Buildable riverfront homesite with public water, underground power, and gated, private-road access for secure weekends or full-time living.
    Where is this waterfront land located?
    The property is located at Judge Greene Place Road lot 21 Greensboro, AL.
    What is the asking price?
    The asking price for this property is $54,900.
    What are key features of this property?
    This property features: 1.66‑acre riverfront lot on the Black Warrior River in Judge Greene Place (Lot 21), in a private gated community.; Water and underground power are available for the property.; Private subdivision boat ramp provides direct access to the Black Warrior River and the Intracoastal Waterway.
    (251) 368-1063
    We can help!
    Listing Contact
    Patty Helton Davis
    Patty Helton Davis
    Real Estate License ID: 8210
    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
    Judge Greene Place Road lot: 21, Greensboro, AL 36744
    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!