0 Billingsley Dr Childersburg, AL 35044
This exceptional 106-acre commercial land parcel presents a remarkable investment opportunity in Childersburg, Alabama. Located in the desirable Lay Lake Estates, this property boasts a prime location with road frontage on three sides, offering excellent accessibility and visibility. The land is predominantly wooded, featuring level building sites ideal for a variety of development projects. Its proximity to Lay Lake provides stunning natural surroundings and recreational opportunities, enhancing its appeal and potential value. The property's APN is 2904190000023000. With its expansive size and desirable features, this acreage is perfectly suited for a range of commercial ventures, from residential subdivisions to commercial complexes, or even a combination of uses. The asking price is $636,000, translating to $6,000 per acre, reflecting the significant value and potential return on investment this property offers. The address is 0 Billingsley Dr, Childersburg, AL 35044, situated in Talladega County. This is a rare opportunity to acquire a substantial tract of land in a highly sought-after location with significant development potential. Don't miss out on this chance to secure a piece of Alabama's beautiful landscape and capitalize on its promising future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.