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    Property profile & analytics

    181 Waldrip Dr Cullman, AL 35057

    • Commercial real estate
    For Sale
    View listing
    $1,633,500
    Value Estimation
    Location Intelligence
    Property ID
    US03-1163399
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 181 Waldrip Dr

    Property type
    Commercial real estate
    APN
    24338

    Description

    This exceptional 10+ acre commercial land parcel presents a unique investment opportunity in Cullman, Alabama. Boasting convenient road frontage on County Road 222, this property offers unparalleled accessibility and high visibility. Its strategic location provides close proximity to Interstate 65, ensuring seamless connectivity to major transportation routes. The property's potential is further enhanced by its location near Smith Lake Park, a popular recreational destination, suggesting strong growth potential in the area. A survey is readily available for review. While an older house is situated towards the rear of the property, the expansive acreage offers ample space for a variety of commercial developments. The asking price for this remarkable property is $1,633,500. The property's Assessed Parcel Number (APN) is 24338. The address is 181 Waldrip Drive, Cullman, AL 35057. This is a rare opportunity to acquire a significant land holding in a thriving Alabama community. Don't miss out on this chance to capitalize on the growth potential of this prime commercial location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cullman
    County
    Cullman
    State
    Alabama
    Longitude
    -86.871922700716
    Latitude
    34.130307936198

    Comparable in this City

    • $395,000
      1.80 Acres

      Cullman Commercial Land - Hwy 157

      1.8-acre commercial lot, Hwy 157 frontage.
      1188 Co Rd, Cullman, AL 35057
      View Details
    • $699,000
      10.79 Acres

      Waterfront Land on Smith Lake

      10+ acre waterfront lot in new Cullman development.
      7 Catalina Crst, Cullman, AL 35057
      View Details
    • $314,900
      1.28 Acres

      Waterfront Land in Cullman, Alabama

      Waterfront land for sale near Smith Lake, Cullman, Alabama.
      3 Catalina Crst, Cullman, AL 35057
      View Details
    • $219,000
      0.50 Acres

      Land in Good Hope Area

      Commercial land in growing Good Hope, perfect for business.
      437 .5 Acres County Rd, Cullman, AL 35057
      View Details
    • $260,000
      12.89 Acres

      Cullman County Mini-Farm Opportunity

      Upscale mini-farm development in Cullman County, Alabama with build-ready lots.
      391 Co Rd, Cullman, AL 35057
      View Details
    • $190,000
      0.40 Acres

      Smith Lake Vacant Land

      Vacant land with gently sloping access and amazing lake view.
      369 Co Rd, Logan, AL 35057
      View Details

    Similar Nearby for Sale

    • $395,000
      1.80 Acres

      Cullman Commercial Land - Hwy 157

      1.8-acre commercial lot, Hwy 157 frontage.
      1188 Co Rd, Cullman, AL 35057
      View Details
    • $699,000
      10.79 Acres

      Waterfront Land on Smith Lake

      10+ acre waterfront lot in new Cullman development.
      7 Catalina Crst, Cullman, AL 35057
      View Details
    • $314,900
      1.28 Acres

      Waterfront Land in Cullman, Alabama

      Waterfront land for sale near Smith Lake, Cullman, Alabama.
      3 Catalina Crst, Cullman, AL 35057
      View Details
    • $219,000
      0.50 Acres

      Land in Good Hope Area

      Commercial land in growing Good Hope, perfect for business.
      437 .5 Acres County Rd, Cullman, AL 35057
      View Details
    • $260,000
      12.89 Acres

      Cullman County Mini-Farm Opportunity

      Upscale mini-farm development in Cullman County, Alabama with build-ready lots.
      391 Co Rd, Cullman, AL 35057
      View Details
    • $190,000
      0.40 Acres

      Smith Lake Vacant Land

      Vacant land with gently sloping access and amazing lake view.
      369 Co Rd, Logan, AL 35057
      View Details
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    181 Waldrip Dr
    Cullman, AL 35057
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    Realmo Value Estimation

    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.

    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.

    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
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