27695 Woerner Rd Elberta, AL 36530
This exceptional 78-acre property in Elberta, Alabama, presents a unique investment opportunity. Located at 27695 Woerner Rd, Elberta, AL 36530, this expansive land parcel boasts two existing structures: a large house and a farmhouse. The seller is offering the flexibility of subdividing the property. A potential buyer could acquire the two houses situated on separate 10-acre parcels, leaving the remaining 58 acres for future development or use. The property's substantial size and existing buildings offer versatility for a range of uses, from residential development to agricultural pursuits. The location in Elberta, Baldwin County, provides access to local amenities and attractions. This is a rare opportunity to acquire a significant land holding with existing structures in a desirable Alabama location. The sale price for the entire 78-acre parcel is $2,295,000. Serious inquiries are encouraged to explore the possibilities of this remarkable property. The property is zoned for residential use, but buyers should conduct their own due diligence to confirm zoning and permitted uses.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.