Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Mckee Rd Toney, AL 35773

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Mckee Rd Toney, AL 35773

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

    Current Use by Public Records

    • Land

    Property Details for 0 Mckee Rd

    Lot size
    40.00 lot acres
    Property type
    Land

    Description

    This exceptional 40-acre commercial land parcel presents a compelling investment opportunity in the thriving Toney, Alabama area. Located on McKee Road, this expansive property (APN: 08 01 02 0 00006.00) offers significant potential for a wide range of development projects. The asking price is $1,200,000. Its strategic location within a rapidly growing community ensures high potential for future appreciation. The property's proximity to major roadways provides excellent accessibility, making it an attractive option for businesses and developers alike. The ample space allows for diverse development possibilities, catering to a variety of commercial ventures. This is a rare chance to acquire a substantial land holding in a prime location poised for continued growth and development within the desirable Toney, AL, 35773 zip code. The property is currently listed for sale.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Toney
    County
    Limestone
    State
    Alabama
    Longitude
    -86.4859
    Latitude
    34.5326

    Comparable in this City

    • Value Estimation by Request
      1.30 Acres

      Toney Cir

      Land • 1.30 Acres
      0 Toney Cir, Huntsville, AL 35773
      View Details
    • Value Estimation by Request
      9.80 Acres

      Ready Section Rd

      Land • 9.80 Acres
      0 Ready Section Rd, Toney, AL 35773
      View Details
    • Value Estimation by Request
      720.00 Acres

      7955 Pulaski Pike

      Land • 720.00 Acres
      7955 Pulaski Pike, Toney, AL 35773
      View Details
    • Value Estimation by Request

      Prosperity Dr

      COMMERCIAL (GENERAL)
      Prosperity Dr, Toney, AL 35773
      View Details
    • Value Estimation by Request
      5,293 SF

      Jennings Chapel N Rd

      COMMERCIAL (GENERAL) • 5,293 SF
      Jennings Chapel N Rd, Toney, AL 35773
      View Details
    • Value Estimation by Request
      1,280 SF

      10340 Wall Triana Hwy

      COMMERCIAL (GENERAL) • 1,280 SF
      10340 Wall Triana Hwy, Toney, AL 35773-9100
      View Details

    Similar Nearby for Sale

    • $233,900
      7.31 Acres

      Land Parcel in Toney, AL

      7+ acre parcel near Huntsville, suitable for development.
      7.31 Acres Bo Howard Rd, Toney, AL 35773
      View Details
    • $310,000
      9.80 Acres

      Land For Sale in Toney

      9.8 acre land parcel available in Toney, Alabama.
      Ready Section Rd, Toney, AL 35773
      View Details
    • $180,000
      7.00 Acres

      Toney, AL Wooded Acreage

      Seven acres of wooded land near Toyota and Research Park.
      7 Acres Carters Gin Rd, Toney, AL 35773
      View Details
    • $146,000

      Land For Sale

      Land available for sale.
      9 Gatlin Rd, Toney, AL 35773
      View Details
    • $47,000

      Expansive Land Parcel For Sale

      Land parcel with ample space and development potential.
      590 Carters Gin Rd, Toney, AL 35773
      View Details
    • Contact for pricing

      9.80 Acres Development Opportunity

      9.80 acres of land for development near Huntsville, AL.
      Ready Section Rd, Toney, AL 35773
      View Details

    Similar Nearby for Lease

    • $12,000 /Mo
      17,600 SF

      Toney Commercial Property for Rent

      Three-building commercial property totaling 17,600 SF in Toney, AL.
      6594 Old Railroad Bed Rd, Toney, AL 35773
      View Details
    • Contact for pricing

      Industrial Development in North Huntsville

      58-acre industrial park with build-to-suit opportunities.
      7401 Pulaski Pike, Toney, AL 35773
      View Details
    • $4,500 /Mo
      2,400 SF

      Toney Commercial Flex Space

      Flex space available for rent in Toney, Alabama.
      508 Mount Lebanon Rd, Toney, AL 35773
      View Details
    • Contact for pricing

      Industrial Buildings on Large Site

      Two industrial buildings totaling 150,000 SF on 19.39 acres.
      28260 Mckee Rd, Toney, AL 35773
      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.
    Mckee Rd
    Toney, AL 35773
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!