0 Wellington Rdg Cherokee, AL 35616
This exceptional 3.08-acre commercial lot is situated in the desirable Waterloo Landing Subdivision, a newly developed gated community near Pickwick Lake in Cherokee, Alabama. Located at Wellington Ridge, this property (APN: 20 03 06 14 0 000 001.016) is zoned R-1 and presents a unique opportunity for development. The asking price is $97,500. Imagine building your dream lake home on this expansive lot, enjoying the tranquility of the gated community and the proximity to the recreational opportunities offered by Pickwick Lake. The property's size allows for ample space to design and construct a substantial residence, with room for additional amenities such as a private dock or extensive landscaping. This prime location in Colbert County, Alabama, offers a blend of peaceful living and convenient access to local amenities. The address is Wellington Ridge, Cherokee, AL 35616. Don't miss this chance to acquire a remarkable piece of land in a sought-after lakeside community. This is lot #26 within the subdivision.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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