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    2997 Co Rd Wedowee, AL 36278

    • Land
    • 15.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2997 Co Rd

    Lot size
    15.00 lot acres
    Property type
    Land

    Description

    This exceptional 15+ acre property on Lake Wedowee in Randolph County, Alabama presents a unique investment opportunity. Boasting over 900 feet of picturesque cove shoreline and 972 feet of paved road frontage on Co Rd 129 (address: 2997 Co Rd 129, Wedowee, AL 36278), this unrestricted and developable land offers unparalleled versatility. The gently sloping terrain and existing interior road system facilitate various development options, including multi-home residential projects, boat storage facilities, or a private estate. Its proximity to the Lonnie White Boat Ramp (a quarter-mile away) adds significant convenience. The property's location combines accessibility with the serene beauty of Lake Wedowee, making it ideal for developers, entrepreneurs, or families seeking a secluded lakefront haven. The asking price is $1,650,000. This is a rare chance to acquire a prime piece of Lake Wedowee real estate with significant potential for future growth and return on investment. The property is zoned for Commercial, Hunting/Recreational, and Residential uses.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wedowee
    County
    Randolph
    State
    Alabama
    Longitude
    -85.5384
    Latitude
    33.3439

    Comparable in this City

    • Value Estimation by Request
      1.55 Acres

      County Rd

      Land • 1.55 Acres
      0 County Rd, Wedowee, AL 36278
      View Details
    • Value Estimation by Request
      1.83 Acres

      Wedowee, AL 36278

      VACANT COMMERCIAL LAND • 1.83 Acres
      Wedowee, AL 36278
      View Details
    • Value Estimation by Request
      4.07 Acres

      Wedowee, AL 36278

      VACANT COMMERCIAL LAND • 4.07 Acres
      Wedowee, AL 36278
      View Details
    • Value Estimation by Request
      0.78 Acres

      Main St

      Commercial real estate • 0.78 Acres
      Main St, Wedowee, AL 36278
      View Details
    • Value Estimation by Request
      10.62 Acres

      Wedowee, AL 36278

      COMMERCIAL (GENERAL) • 10.62 Acres
      Wedowee, AL 36278
      View Details
    • Value Estimation
      $385,000
      360 SF

      Wedowee, AL 36278

      COMMERCIAL (GENERAL) • 360 SF
      Wedowee, AL 36278
      View Details

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    2997 Co Rd
    Wedowee, AL 36278
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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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