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Property profile & analytics
OFF-MARKET
Land

2997 Co Rd Wedowee, AL 36278

15 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 15 ac (653,400 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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