000 Co Rd, Addison, AL 35540
This exceptional 64-acre property in Winston County, Alabama, presents a unique investment opportunity. Located off County Road 195 near Addison, it boasts a diverse landscape ideal for various uses. The land comprises approximately 24 acres of mature hardwood timber situated along the scenic Little Rock Creek, providing a tranquil setting. An additional 35 acres are covered by a loblolly pine plantation established in 1980, currently ready for harvest, representing significant timber value. The property's proximity to Cullman, Addison, and Moulton offers convenient access to local amenities. While currently lacking legal access, this detail presents an opportunity for creative solutions. The combination of mature hardwoods, harvestable pine, and creek frontage makes this 64-acre tract a compelling investment in Alabama's rural landscape. The property is zoned as Farm, Timber, and Hunting/Recreational land, offering versatility for various uses. The address is 000 Co Rd 196, Addison, AL 35540. The asking price is $224,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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