55 Red Oak Rd Florala, AL 36442
This exceptional 57+/- acre property in Covington County, Alabama, presents a unique investment opportunity. Situated on the east side of US Highway 55, it enjoys convenient access, being approximately 15 minutes south of Andalusia and 15 minutes north of Florala. The land is primarily comprised of a young pine plantation, estimated to be around 5 years old. A mix of hardwood and pine trees occupies the rear portion of the property. The versatile nature of this land makes it suitable for a variety of uses. Imagine building your dream home, creating a peaceful weekend retreat, or establishing a private hunting haven. The location offers a blend of seclusion and accessibility, making it an ideal choice for those seeking a tranquil escape while remaining within easy reach of local amenities. The asking price for this attractive tract is $170,715. The property's address is Hwy 55 Red Oak, Florala, AL 36442. This is a rare opportunity to acquire a sizable parcel of land in a desirable location. The combination of young pine, mature hardwood, and convenient highway access makes this a truly exceptional offering. Don't miss out on this chance to own a piece of Alabama's beautiful countryside.
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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