Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Mayberry Gully Rd Dozier, AL 36028
    Property profile & analytics

    Mayberry Gully Rd, Dozier, AL 36028

    View on Map
    • Land
    • 70.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Mayberry Gully Rd

    Lot size
    70.00 lot acres
    Property type
    Land

    Description

    This exceptional 70-acre property, situated on Mayberry Gully Road in Covington County, Alabama, presents a unique investment opportunity. Approximately 45 acres are comprised of planted pines, established in 2017, offering immediate timber potential. The remaining acreage features a mix of hardwoods and streamside management zones (SMZs) along Hornet Creek, which traverses the property's center. The land boasts paved road frontage and readily accessible power, making it ideal for those seeking a secluded homesite or cabin location. Wildlife enthusiasts will appreciate the abundant hunting opportunities and established trails. The property's location offers convenient access to several popular coastal destinations, including Pensacola, Destin, Mobile, and Panama City Beach, all within a two- to three-hour drive. Food plots are also present, enhancing the property's appeal for recreational use. This versatile tract combines the benefits of established timber with recreational potential, making it an attractive investment for a variety of buyers. The property is located approximately five miles northwest of Dozier, AL, and has a zip code of 36028. The asking price for this remarkable property is $279,650.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dozier
    County
    Covington
    State
    Alabama
    Longitude
    -86.4147
    Latitude
    31.5442

    Comparable in this City

    • Value Estimation by Request
      8.67 Acres

      7044 Main St

      INDUSTRIAL - VACANT LAND
      7044 Main St, Dozier, AL 36028-2521
      View Details
    • Value Estimation by Request
      768 SF

      18131 Opp Hwy

      STORE/OFFICE (MIXED USE)
      18131 Opp Hwy, Dozier, AL 36028-3649
      View Details
    • Value Estimation by Request
      3,330 SF

      Dozier, AL 36028

      FINANCIAL BUILDING
      Dozier, AL 36028
      View Details
    • Value Estimation by Request
      1,224 SF

      7875 Main St

      DISTRIBUTION WAREHOUSE
      7875 Main St, Dozier, AL 36028-2614
      View Details
    • Value Estimation by Request
      2,502 SF

      Dozier, AL 36028

      STORE/OFFICE (MIXED USE)
      Dozier, AL 36028
      View Details
    • Value Estimation by Request
      1,050 SF

      Dozier, AL 36028

      STORE/OFFICE (MIXED USE)
      Dozier, AL 36028
      View Details

    Similar Nearby for Sale

    • $689,900
      135.75 Acres

      Crenshaw County Farm and Recreational Tract

      135+/- acre farm with income, timber, and hunting opportunities.
      Us Highway 331, Dozier, AL 36028
      View Details
    • $109,900
      18.00 Acres

      Secluded 18-Acre Hardwood Paradise

      Private 18-acre tract with mature hardwoods and seasonal stream.
      Jordon Grv Rd, Dozier, AL 36028
      View Details
    • $73,900
      7.11 Acres

      7-Acre Vacant Land Tract

      7-acre vacant land in a serene rural setting.
      00 Good Hope Rd, Dozier, AL 36028
      View Details
    • $64,900
      6.39 Acres

      6.39 Acres Vacant Land

      6.39 acres of cleared land with road frontage.
      00 Good Hope Rd, Dozier, AL 36028
      View Details
    • $35,900
      2.61 Acres

      2.61 Acres Vacant Land Andalusia

      Raw land perfect for building your dream home or investment.
      004 Rose Hill Rd, Andalusia, AL 36028
      View Details
    • $49,900
      3.69 Acres

      3.69 Acres Vacant Land Andalusia

      3.69-acre parcel in Straughn School District, Andalusia, AL.
      006 Rose Hill Rd, Andalusia, AL 36028
      View Details
    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.
    Mayberry Gully Rd
    Dozier, AL 36028
    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
    Mayberry Gully Rd, Dozier, AL, 36028
    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!