Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land in Muscle Shoals Title is generated by Realmo AI

    Lonnie Dr, Muscle Shoals, AL 35661

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

    COMMERCIAL - Muscle Shoals, AL

    Lot size:
    1.90 Acres
    Added:
    Dec 18, 2025
    Days on Market:
    155
    Last Refresh:
    May 22 at 2:06 pm

    Property Features for Lonnie Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B2
    Standard status
    Active
    APN
    12-03-07-2-003-005.000
    Lot size
    1.90 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOTS A & 4 THRU 6 GRAHAM PLACE & 5.3' STRIP ADJOINING ON N S IDE 265 X 159.55 /DB 421 PG 749 149.45 X 264.18 LOT IN PT SW 1/4 OF NW 1
    Tax Annual Amount
    159

    Utilities

    Utilities
    Cable Available
    Water source
    Public

    We can help!

    Listing Contact
    Jody Lanier

    Listing agent Jody Lanier License #000113248

    Listing office RE/MAX Tri-State 1661 S Wilson Dam Rd, Florence, AL

    Listing date Dec 18, 2025

    MLS# 526302

    Copyright © 2026 Strategic MLS Alliance, INC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two acre commercial tract ready for new business
    • Highly visible location
    • Public water source available
    • Cable available
    • Coordinates provided for location

    Overview

    This is a 1.9-acre commercial tract located in Muscle Shoals, Alabama. The property is zoned B2 and is positioned as a highly visible location suitable for new business development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Muscle Shoals
    County
    Colbert
    State
    Alabama
    Longitude
    -87.630276
    Latitude
    34.7250932

    Nearby Similar for Sale

    • $649,900
      8,600 SF

      Muscle Shoals Commercial Opportunity

      8,600+/- sqft Mueller building on 6.65 acres.
      195 Spout Springs Rd, Muscle Shoals, AL 35661
      View Details
    • $399,900
      2,700 SF

      Muscle Shoals Commercial Corner Lot

      High-visibility corner lot suitable for retail, office, or service businesses.
      2403 Woodward Ave, Muscle Shoals, AL 35661
      View Details
    • $369,900
      1,581 SF

      Muscle Shoals Commercial Corner Lot

      Prime commercial property with high visibility and traffic flow.
      2401 Rosedale Ave, Muscle Shoals, AL 35661
      View Details
    • $319,900
      400 SF

      Muscle Shoals Warehouse on Acre

      Warehouse space on an acre near Lowe's in Muscle Shoals.
      208 Industrial Dr, Muscle Shoals, AL 35661
      View Details
    • $650,000

      Wilson Dam Road Commercial Opportunity

      High-visibility commercial land ideal for various business opportunities.
      Wilson Dam Rd, Muscle Shoals, AL 35661
      View Details
    • $399,900
      2,700 SF

      Muscle Shoals Commercial Corner Lot

      High-visibility commercial property suitable for retail, office, or service businesses.
      2403 Woodward Ave, Muscle Shoals, AL 35661
      View Details
    • $599,000

      Waterfront Lot with Lake Views

      0.55 acre waterfront lot with stunning lake views.
      551 Wilson Lake Dr, Muscle Shoals, AL 35661
      View Details
    • $345,000

      Lakefront Lot in Muscle Shoals

      Exclusive lakefront lot with water views and direct lake access.
      32 Grandview Drive, Muscle Shoals, AL 35661
      View Details
    • $740,000
      2,124 SF

      Little Caesars NNN Investment Property

      NNN leased Little Caesars with drive-thru in Muscle Shoals, AL.
      1409 Woodward Ave, Muscle Shoals, AL 35661
      View Details
    • $329,900
      400 SF

      Spacious Warehouse on Acre Lot

      6,296 SF warehouse on an acre near Lowe's.
      208 Industrial Dr, Muscle Shoals, AL 35661
      View Details
    • $259,900

      Waterfront Lot on Wilson Lake

      1.08-acre waterfront lot ready for your dream home.
      Fleetwood Dr lot: 3 & 4, Muscle Shoals, AL 35661
      View Details
    • $250,000

      Waterfront Lot in Muscle Shoals

      Wooded, waterfront lot near golf and clubhouse.
      Donegal Ct, Muscle Shoals, AL 35661
      View Details

    FAQs

    What type of property is this?
    Commercial land - Two-acre commercial tract, ready for new business venture.
    Where is this commercial land located?
    The property is located at Lonnie Dr Muscle Shoals, 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: Two acre commercial tract ready for new business; Highly visible location; Public water source available
    (256) 810-4786
    We can help!
    Listing Contact
    Jody Lanier
    Real Estate License ID: 000113248
    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
    Lonnie Dr, Muscle Shoals, AL 35661
    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!