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    6 Lake Dr Scottsboro, AL 35769

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 6 Lake Dr

    Property type
    Land

    Description

    This exceptional commercial land parcel, located at 6 Lake Dr in Scottsboro, Alabama, presents a unique investment opportunity. Priced at $425,000, this property boasts a prime location on the main channel of the lake, offering excellent deep-water access and unobstructed lake views. The site is situated within a desirable neighborhood featuring established, high-quality homes and recent new construction, ensuring a strong surrounding community. The property's waterfront position provides significant potential for a variety of commercial ventures, particularly those that benefit from direct lake access. The existing zoning allows for the construction of a boathouse, subject to Tennessee Valley Authority (TVA) approval. This presents an opportunity to enhance the property's value and appeal to potential businesses. The address is 6 Lake Dr, Scottsboro, AL 35769, with GPS coordinates of 34.5128566 latitude and -86.183174 longitude. The property is classified as commercial land in Marshall County, Alabama. This is a rare opportunity to acquire a highly desirable waterfront commercial lot in a thriving community. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Scottsboro
    County
    Marshall
    State
    Alabama
    Longitude
    -86.1832
    Latitude
    34.5129

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    6 Lake Dr
    Scottsboro, AL 35769
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    Realmo Value Estimation

    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.

    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.

    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
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