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    389 Co Rd Courtland, AL 35618

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

    Current Use by Public Records

    • Land

    Property Details for 389 Co Rd

    Lot size
    2.75 lot acres
    Property type
    Land

    Description

    This exceptional 2.75-acre commercial land parcel presents a unique investment opportunity in Courtland, Alabama. Strategically located on Highway 20 and County Road 389, this property boasts significant road frontage, ensuring high visibility and accessibility for potential businesses. Situated within the Courtland city limits, the land is zoned for commercial use, simplifying the development process. The property offers access to three-phase power, a crucial element for many commercial ventures. Given the limited commercial development along this stretch of Highway 20, this site presents a compelling opportunity for businesses seeking a prime location with minimal competition. The absence of grocery stores and fast-food restaurants in Courtland highlights the potential for significant market penetration. This property is priced at $140,000 and is ready for development. The address is Co Rd 389, Courtland, AL 35618, in Lawrence County. All offers will be reviewed.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Courtland
    County
    Lawrence
    State
    Alabama
    Longitude
    -87.2967
    Latitude
    34.6765

    Comparable in this City

    • Value Estimation by Request

      20 State Hwy

      Land
      20 State Hwy, Courtland, AL 35618
      View Details
    • Value Estimation by Request
      1,806.00 Acres

      16504 County Road 150

      Land • 1,806.00 Acres
      16504 County Road 150, Courtland, AL 35618
      View Details
    • Value Estimation by Request

      389 Co Rd

      Land
      389 Co Rd, Courtland, AL 35618
      View Details
    • Value Estimation by Request
      3,100 SF

      Courtland, AL 35618

      OFFICE BUILDING • 3,100 SF
      Courtland, AL 35618
      View Details
    • Value Estimation by Request
      3,513 SF

      Courtland, AL 35618

      STORE/OFFICE (MIXED USE) • 3,513 SF
      Courtland, AL 35618
      View Details
    • Value Estimation by Request
      1,878 SF

      Courtland, AL 35618

      STORE/OFFICE (MIXED USE) • 1,878 SF
      Courtland, AL 35618
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,806.00 Acres

      1806 Acres Prime Industrial Land

      Alabama industrial site, rail & river access
      16504 County Road 150, Courtland, AL 35618
      View Details
    • Contact for pricing

      1806 Acres Industrial Site

      Industrial site with heavy utilities and Tennessee River frontage.
      16504 County Road 150, Courtland, AL 35618
      View Details
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    389 Co Rd
    Courtland, AL 35618
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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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