1058 Collins Rd Gordon, AL 36343
This exceptional 44-acre Alabama ranchette, located near the Florida state line at 1058 Collins Road, Gordon, AL 36343 (APN 2506130000010000), presents a unique investment opportunity. The property boasts improved pastures, fully fenced and cross-fenced, ideal for a small cattle operation. A three-bedroom, one-bathroom brick home sits at the property's entrance. The centerpiece is a newly constructed pond house overlooking a stunning four-acre cypress pond. This impressive structure offers three bedrooms, two full bathrooms, and a half-bathroom, along with a large covered porch perfect for entertaining. The property's quiet, private setting is enhanced by the surrounding agricultural landscape. This turnkey ranchette is perfect for a hobby farm or a peaceful country retreat. The asking price is $742,000, translating to $16,864 per acre. This represents a compelling value for a property offering established infrastructure, multiple homes, and a picturesque waterfront setting. The property is offered as an investment opportunity.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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