5873 Lundy Rd Theodore, AL 36582
This exceptional 3-acre parcel in Theodore, Alabama, presents a unique opportunity to build your dream home. Located in the desirable Dawes area of Mobile County, this property boasts majestic oak and hardwood trees, providing a serene and picturesque setting. The land is conveniently situated off a paved county road, ensuring easy access. Public water is available, simplifying the construction process. This is a prime homesite, with a minimum building size of 1600 square feet. The property is part of a larger development, with a total of eight 3-acre parcels planned. Note that the tax ID number reflects the entire 40-acre parcel from which these lots are being subdivided. Owner financing is available, making this an attractive option for those seeking an affordable and idyllic location to build their future home. The property is zoned for residential use only. The asking price for this remarkable 3-acre parcel is $79,000. Don't miss this chance to own a piece of Alabama's natural beauty.
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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No recorded transactions found for this property.
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Risks
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