Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Zoned County Land Lot Title is generated by Realmo AI

    HIGHWAY 191 lot 32, Alpine, AL 35014

    View on Map
    Claim this Listing
    Picture of Specialty properties at HIGHWAY 191 lot 32, Alpine, AL
    For Sale
    Contact for pricing

    LAND - ALPINE, AL

    Lot size:
    0.18 Acres
    Added:
    Jan 15, 2024
    Days on Market:
    872
    Last Refresh:
    Jun 5 at 11:06 am

    Property Features for HIGHWAY 191 lot 32

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    County
    Standard status
    Active
    APN
    11-07-26-0-001-121.000
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Description
    LOT 32 BLK 3 POINT AQUARIUS 1ST ADDITION

    Utilities

    Utilities
    Cable Available
    Water source
    Public

    We can help!

    Listing Contact
    Tina Stallings

    Listing agent Tina Stallings License #98387

    Listing office Fields Gossett Realty 508 Martin Street S, Pell city, AL

    Listing date Jan 15, 2024

    MLS# 21374507 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

    • Public water source available
    • Cable available
    • Restrictive covenants apply

    Overview

    This offering is a small land lot located on Highway 191 in Alpine. The property is listed as zoned “County,” and the seller’s public remarks note that restrictive covenants apply. No buildings or improvements are described in the provided information.

    The lot is identified by an address reference on Highway 191 (Alpine, AL 35014) within Talladega County. The listing information does not provide additional details on lot dimensions, utilities, road frontage specifics, or development constraints beyond the existence of restrictive covenants.

    For buyers evaluating land for a specific use, the key item to review is the restrictive covenants requirement, since it may impact what can be built or how the property can be utilized. Prospective buyers and brokers may want to confirm the covenant terms and any county zoning limitations during due diligence to determine whether the lot fits the intended plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Alpine
    County
    Talladega
    State
    Alabama
    Longitude
    -86.1839
    Latitude
    33.3281

    Nearby Similar for Sale

    • $199,000

      Historical Church in Alpine, Alabama

      Historical church building with fellowship hall and potential for redevelopment.
      14575 RENFROE ROAD, ALPINE, AL 35014
      View Details
    • $298,000

      Commercial Buildings in Alpine, Alabama

      Three buildings with various features, priced below market value.
      2806 OAKDALE ROAD, ALPINE, AL 35014
      View Details
    • $154,900

      Established Campground with Expansion Potential

      4.5-acre campground with income, expansion potential, convenient location.
      14536 Plant Road 28, ALPINE, AL 35014
      View Details
    • $298,000
      7,200 SF

      Industrial Buildings with Crane

      Three industrial buildings featuring crane, roll-up doors, and ample space.
      2806 Oakdale Road, ALPINE, AL 35014
      View Details
    • $7,900

      Restrictive Land Parcel for Sale

      For-sale land parcel subject to restrictive covenants, offering a straightforward slate for permitted development planning.
      AEPEAN WAY lot: 13, ALPINE, AL 35014
      View Details
    • $2,173,391
      10,640 SF

      New DG Market in Alpine

      New free-standing DG Market with 15-year NNN lease.
      45 Alpine Winterboro Rd, Alpine, AL 35014
      View Details
    • $15,000

      Restrictive-Covenant Land Parcel

      County-zoned lot with restrictive covenants, offering space for buyers seeking a small parcel in Alpine.
      LAKESIDE LANE lot: 19, ALPINE, AL 35014
      View Details
    • $15,000

      Restrictive Covenant Land Parcel

      County-zoned land totaling 0.55 acres, subject to restrictive covenants, in Alpine.
      LAKESIDE LANE lot: 23, ALPINE, AL 35014
      View Details
    • $17,500

      County-Zoned Land Parcel

      Half-acre county-zoned lot in Alpine, subject to restrictive covenants and potential adjacent lot availability.
      S LAKESIDE LANE lot: 40, ALPINE, AL 35014
      View Details
    • $15,000

      Restrictive Covenant Lot

      Buildable land in Alpine with restrictive covenants noted in the deed requirements.
      POLARIS CIRCLE lot: 9, ALPINE, AL 35014
      View Details
    • $15,000

      Restrictive Covenant Land Parcel

      Buildable land offering that is subject to restrictive covenants, suitable for buyers seeking a controlled-use site.
      AURORA CIRCLE lot: 15, ALPINE, AL 35014
      View Details
    • $15,000

      Restricted Land Parcel

      Vacant lot in Alpine, Alabama, subject to restrictive covenants for permitted development.
      AURORA CIRCLE lot: 48, ALPINE, AL 35014
      View Details

    FAQs

    What type of property is this?
    Specialty property - Small land lot in Alpine, subject to restrictive covenants and county zoning.
    Where is this specialty property located?
    The property is located at HIGHWAY 191 lot 32 Alpine, 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: Public water source available; Cable available; Restrictive covenants apply
    (205) 337-8509
    We can help!
    Listing Contact
    Tina Stallings
    Real Estate License ID: 98387
    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
    HIGHWAY 191 lot: 32, ALPINE, AL 35014
    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!