Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    23-Acre Land in Cottondale, AL Title is generated by Realmo AI

    N Davis Road, Cottondale, AL 35453

    View on Map
    Claim this Listing
    For Sale
    $199,000

    LAND - Cottondale, AL

    Lot size:
    23.00 Acres
    Added:
    Jan 12, 2026
    Days on Market:
    123
    Last Refresh:
    May 15 at 12:06 pm

    Property Features for N Davis Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    63 29 08 33 0 001 007.000
    Lot size
    23.00 Acres

    We can help!

    Listing Contact
    Jeremy Shaw
    Jeremy Shaw

    Listing agent Jeremy Shaw License #1554620

    Listing office Keller Williams Tuscaloosa 1490 Northbank Pkwy, Tuscaloosa, AL

    Listing date Jan 12, 2026

    MLS# 172633 Listing URL

    Copyright © 2026 West Alabama Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approx. 23‑acre property offering the privacy of living on acreage.
    • Multiple potential home sites for building.
    • Located approx. 8 miles from Mercedes.
    • Located approx. 5 miles from I20/59 Exit 79.
    • Includes 2 parcels: 29‑08‑33‑0‑001‑007.000 and 29‑08‑33‑0‑001‑007.001.

    Overview

    This approximately 23-acre property is located just off Keene's Mill Road in Cottondale, Alabama. The land offers multiple potential home sites, providing privacy and acreage. It is situated approximately 8 miles from Mercedes and 5 miles from I20/59 Exit 79. The listing includes two parcels: 29-08-33-0-001-007.000 and 29-08-33-0-001-007.001.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Cottondale
    County
    Houston
    State
    Alabama
    Longitude
    -87.384068
    Latitude
    33.178714

    Nearby Similar for Sale

    • $650,000

      Pad-Ready Commercial Lot Available

      High-traffic commercial lot with stormwater detention in place.
      5541 University Boulevard E, Cottondale, AL 35453
      View Details
    • $675,000

      Pad-Ready Commercial Lot Available

      High-traffic commercial lot with stormwater detention in place.
      5521 University Boulevard E, Cottondale, AL 35453
      View Details
    • $400,000

      Cottondale Commercial Land on Highway

      6-acre commercial land with highway frontage in Cottondale, Alabama.
      University Boulevard E, Cottondale, AL 35453
      View Details
    • $140,000

      Lakefront Acreage in Cottondale, Alabama

      20+/- acre lakefront property ideal for recreation or homesite.
      0 Judson Park Dr., Cottondale, AL 35453
      View Details
    • $991,900
      7,200 SF

      Spacious Showroom/Warehouse Near Interstate

      7,200 SF showroom/warehouse with easy interstate access.
      5335 Skyland E Boulevard, COTTONDALE, AL 35453
      View Details
    • $22,000

      Residential Land in Cottondale, AL

      0.52 acre lot for residential development in Cottondale, AL.
      Ashborough Drive, Cottondale, AL 35453
      View Details
    • $239,900

      Commercial Land in Cottondale, AL

      Vacant commercial land with high traffic count near Interstate.
      4 University Boulevard E, Cottondale, AL 35453
      View Details
    • $79,900

      Cottondale Land with Creek Border

      9.04+- acres in Cottondale with creek border.
      Hurricane Road, Cottondale, AL 35453
      View Details
    • Contact for pricing
      228,000 SF

      Cottondale Warehouse with Highway Frontage

      228,000 SF warehouse in active automotive market, near I-20/59.
      10400 Technology Dr, Cottondale, AL 35453
      View Details
    • $400,000

      Cottondale Land on Hwy 11

      5.94 acres with road frontage near Interstate and University.
      00 University E Boulevard, Cottondale, AL 35453
      View Details
    • $40,000

      Land in Rural Tuscaloosa County

      4+ acres of land in Cottondale, Alabama for sale.
      10452 N Davis Road, Cottondale, AL 35453
      View Details
    • $95,000
      2,400 SF

      Manufacturing Shop with Crane

      2400 SF manufacturing shop with high ceilings and crane.
      11417 Ruhama Street, Cottondale, AL 35453
      View Details

    FAQs

    What type of property is this?
    Land - 23-acre property with multiple potential home sites near Mercedes and I20/59.
    Where is this land located?
    The property is located at N Davis Road Cottondale, AL.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: Approx. 23‑acre property offering the privacy of living on acreage.; Multiple potential home sites for building.; Located approx. 8 miles from Mercedes.
    (205) 242-4562
    We can help!
    Listing Contact
    Jeremy Shaw
    Jeremy Shaw
    Real Estate License ID: 1554620
    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

    Thank You for Inquiry
    N Davis Road, Cottondale, AL 35453
    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!