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Property profile & analytics
OFF-MARKET
Land

0 Gourd Neck Rd Luverne, AL 36049

198 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 198+/- acre commercial property in Crenshaw County, Alabama, presents a unique investment opportunity. Situated between Luverne and Highland Home, on Gourd Neck Road, the land boasts a diverse landscape of mixed pasture and wooded areas, ideal for a variety of uses. Power is already established, and several excellent homesites offer breathtaking views from the highest point, approximately 460 feet above the surrounding terrain. The property's history includes both cattle grazing and hunting leases, enhanced by established food plots. Natural features include Pond Creek running through the northeast corner and a small duck pond in the northwest. The timber is primarily a hardwood/pine mix. Existing infrastructure includes roads and trails throughout the property, adding to its versatility. The property's location and features make it suitable for agricultural, recreational, or residential development, offering significant potential for future growth and return on investment. The asking price is $673,200. Showings are by appointment only. This property offers a rare combination of natural beauty, established infrastructure, and diverse potential uses, making it an attractive investment in rural Alabama. The property includes established pastureland, fencing, and road frontage.

Property profile
Verified
Property type Land
Lot 198 ac (8,624,880 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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