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    875 Highway 40 Wilsonville, AL 35186
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    Property profile & analytics

    875 Highway 40, Wilsonville, AL 35186

    View on Map
    • Commercial real estate
    • 74.00 lot acres
    Off-Market
    Property ID
    US03-1296389
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 875 Highway 40

    Lot size
    74.00 lot acres
    Property type
    Commercial real estate
    APN
    58 16 05 21 0 000 022.000

    Description

    Discover Jackson Farm, a sprawling 74-acre property in Wilsonville, Alabama, boasting significant development potential. Located at 875 Hwy 40, this exceptional parcel offers prime frontage on the highway, approximately 5 miles from Hwy 280, providing convenient access to nearby amenities. Currently zoned for agricultural use (AG), the land presents a unique opportunity for various ventures. Imagine creating a thriving residential subdivision, capitalizing on the expansive acreage and strategic location. Alternatively, the fertile land is ideal for agricultural pursuits, allowing you to establish your own farmstead. The property's history as a working farm, spanning over 200 years, adds to its charm and potential. Comprised of young pine timberland, this property presents a blank canvas for your vision. Investors will appreciate the substantial return potential, given the land's size, location, and diverse development possibilities. This is a rare opportunity to acquire a significant landholding in a desirable area, blending rural tranquility with easy access to urban conveniences. The property's APN is 58 16 05 21 0 000 022.000. Seize this chance to shape the future of this historic Alabama land.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wilsonville
    County
    Shelby
    State
    Alabama
    Longitude
    -86.538898322003
    Latitude
    33.269733520561

    Comparable in this City

    • $2,160,000
      273.00 Acres

      Turn-Key Recreational Property in Alabama

      273-acre recreational property with diverse landscape and water features.
      1444 Co Rd 441, Wilsonville, AL 35186
      View Details
    • New
      $1,399,000
      4,800 SF

      Cabins of Lay Lake Investment

      High-yield investment featuring modern cabins near Beeswax Creek Park.
      165 N Horton Rd, Wilsonville, AL 35186
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    • New
      $245,000

      Wilsonville Apartment Complex For Sale

      Apartment complex with potential, being sold as is.
      31255 Highway 25, Wilsonville, AL 35186
      View Details
    • New
      $1,399,000
      4,800 SF

      Cabins of Lay Lake Investment

      High-yield investment featuring modern cabins near Beeswax Creek Park.
      165 N Horton Rd, Wilsonville, AL 35186
      View Details
    • $78,000
      6.20 Acres

      Undeveloped Land Near LayLake

      6.2 acres of flat, undeveloped land with mature trees.
      1 Spearman St, Wilsonville, AL 35186
      View Details
    • Contact for pricing

      Wilsonville Acreage with Hardwoods

      6.5 acre parcel zoned residential/agricultural with abundant wildlife.
      000 Highway 55, Wilsonville, AL 35186
      View Details

    Similar Nearby for Sale

    • $2,160,000
      273.00 Acres

      Turn-Key Recreational Property in Alabama

      273-acre recreational property with diverse landscape and water features.
      1444 Co Rd 441, Wilsonville, AL 35186
      View Details
    • New
      $1,399,000
      4,800 SF

      Cabins of Lay Lake Investment

      High-yield investment featuring modern cabins near Beeswax Creek Park.
      165 N Horton Rd, Wilsonville, AL 35186
      View Details
    • New
      $245,000

      Wilsonville Apartment Complex For Sale

      Apartment complex with potential, being sold as is.
      31255 Highway 25, Wilsonville, AL 35186
      View Details
    • New
      $1,399,000
      4,800 SF

      Cabins of Lay Lake Investment

      High-yield investment featuring modern cabins near Beeswax Creek Park.
      165 N Horton Rd, Wilsonville, AL 35186
      View Details
    • $78,000
      6.20 Acres

      Undeveloped Land Near LayLake

      6.2 acres of flat, undeveloped land with mature trees.
      1 Spearman St, Wilsonville, AL 35186
      View Details
    • Contact for pricing

      Wilsonville Acreage with Hardwoods

      6.5 acre parcel zoned residential/agricultural with abundant wildlife.
      000 Highway 55, Wilsonville, AL 35186
      View Details
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    Wilsonville, AL 35186
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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