Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Recreation Land with Creek Frontage Title is generated by Realmo AI

    AL-243, Phil Campbell, AL 35581

    View on Map
    Claim this Listing
    New
    Picture of Hunting land at AL-243, Phil Campbell, AL
    For Sale
    $199,000

    Land - Phil Campbell, AL

    Lot size:
    56.48 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 2 at 7:06 pm

    Property Features for AL-243

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    30 13 04 17 0 000 010.000
    Lot size
    56.48 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Amy Blair Balentine

    Listing agent Amy Blair Balentine License #15172

    Listing office Lawson Real Estate Inc 2201 10th Avenue, Haleyville, AL 35565, Haleyville, AL

    Listing date Jun 2, 2026

    MLS# 26-1173 Listing URL

    Copyright © 2026 Walker County Area Board of 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

    • 56.48‑acre North Alabama tract with Turkey Creek running through the property
    • Combination of creek frontage, rolling topography, and elevated areas
    • Access from AL State Highway 243
    • Power available at the highway

    Overview

    This property consists of 56.48 acres of North Alabama land featuring Turkey Creek running through the tract. The landscape includes rolling topography as well as elevated areas, creating a mix of scenic settings within one contiguous parcel. The property is being offered for recreational use, including hunting and private retreat-style opportunities.

    Access is provided from AL State Highway 243, which also offers power availability at the highway. That combination can simplify planning for utilities and future site improvements. The natural creek feature and varied terrain add character and potential for a range of outdoor activities.

    With creek frontage and a diverse mix of elevations and rolling ground, the tract lends itself well to hunters and outdoorsmen looking for a self-contained destination. It may also appeal to buyers seeking a private retreat where the land’s natural features can support future recreational development. Power availability along the highway provides a practical starting point for those who want to make the property more usable over time.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Phil Campbell
    County
    Franklin
    State
    Alabama
    Longitude
    -87.7626
    Latitude
    34.3529

    Nearby Similar for Sale

    • $134,000

      Lakefront Land in Phil Campbell

      7 acres with 1,350 ft of water frontage.
      Hwy 81, Phil Campbell, AL 35581
      View Details
    • $32,900

      Phil Campbell Vacant Land For Sale

      4.8 acre wooded tract in Phil Campbell, Alabama.
      0 County Road 81, Phil Campbell, AL 35581
      View Details
    • $359,000
      3,328 SF

      New Quadplex Ready 2025

      Quadplex with four units near schools, completed in 2025.
      191 Railroad St, Phil Campbell, AL 35581
      View Details
    • $199,000

      40 Acres Near Dismals Canyon

      40-acre tract of land in Franklin County, Alabama.
      Hwy 8, Phil Campbell, AL 35581
      View Details
    • $45,000

      12 Acre Land Tract

      12 acre tract near Phil Campbell, Alabama city limits.
      Hwy 13, Phil Campbell, AL 35581
      View Details
    • $39,900

      Ready-to-Use Lot in Phil Campbell

      0.8-acre lot with utilities, carports, and workshop in Phil Campbell.
      1789 Co Rd 65, Phil Campbell, AL 35581
      View Details
    • $159,000

      Wooded Acreage Near Phil Campbell

      56+/- acres of hunting and recreational land in Alabama.
      Highway 243, Phil Campbell, AL 35581
      View Details

    FAQs

    What type of property is this?
    Hunting land - 56.48-acre North Alabama tract features Turkey Creek, rolling terrain, and road access for outdoor and hunting uses.
    Where is this hunting land located?
    The property is located at AL-243 Phil Campbell, 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: 56.48‑acre North Alabama tract with Turkey Creek running through the property; Combination of creek frontage, rolling topography, and elevated areas; Access from AL State Highway 243
    (931) 607-2700
    We can help!
    Listing Contact
    Amy Blair Balentine
    Real Estate License ID: 15172
    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
    AL-243, Phil Campbell, AL 35581
    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!