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🏢 Just listed — Agricultural Land for sale in CULLMAN, AL.

📍 SHARPTON RD, CULLMAN, AL
🏷  Agricultural Land · For Sale
💰 $2.00M

24 Acres Unrestricted Lake Catoma + HWY 157

<p><strong>• 24 Acres of Unrestricted Land</strong> A rare large‑acreage opportunity with no zoning restrictions, offering exceptional flexibility for commercial, residential, or mixed‑use development.</p><p><strong>• Lake Catoma Water

Full financials, photos, and broker contact:
https://commrty.com/property/alabama/cullman/24-acres-on-hwy-157-near-hospital-2493331-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=24-acres-on-hwy-157-near-hospital-2493331

#CULLMAN #Land #CommercialRealEstate #CRE #Investment

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Home/AL/CULLMAN

SHARPTON RD

CULLMAN, AL 35055

Asking Price

$2.00M

Asset Type

Agricultural Land

Class

Class B

What's Special

24 Acres Unrestricted Lake Catoma + HWY 157 • 24 Acres of Unrestricted Land A rare large‑acreage opportunity with no zoning restrictions, offering exceptional flexibility for commercial, residential, or mixed‑use development.• Lake Catoma Water Frontage Valuable shoreline access enhances long‑term development potential, recreational appeal, and overall site desirability.• Dual Road Frontage Frontage on both HWY 157 and Sharpton Road provi

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

4.00%

DSCR

0.67

Underwater

Cash-on-Cash

-6.46%

Monthly Payment

$9,894.909

Annual Cash Flow

$-38,738.905

Location & Travel Times

Similar Properties Nearby

📍

$120K

Class B | Commercial

County Road 770, Cullman, AL 35055

Listed by Owner · For Sale