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🏢 Just listed — Hunting/Recreational Land for sale in Pike Road, AL.

📍 0 Mathews Road, Pike Road, AL
🏷  Hunting/Recreational Land · For Sale
💰 $399K

Land | 24 acres

<ul><li><span style="color: rgba(33, 37, 41, 1)">Magnificent 24-acre estate lot</span></li><li><span style="color: rgba(33, 37, 41, 1)">Desirable and rapidly growing Pike Road area</span></li><li><span style="color: rgba(33, 37, 41, 1)">Ideal balance of privac

Full financials, photos, and broker contact:
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#PikeRoad #Land #CommercialRealEstate #CRE #Investment

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Home/AL/Pike Road

0 Mathews Road

Pike Road, AL 36064

Asking Price

$399K

Asset Type

Hunting/Recreational Land

Class

Class B

What's Special

Land | 24 acres <ul><li>Magnificent 24-acre estate lot</li><li>Desirable and rapidly growing Pike Road area</li><li>Ideal balance of privacy and accessibility</li><li>Gently rolling terrain with a peaceful pond</li><li>Bordered by large, mature trees for natural privacy<

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

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

NOI

$80,000

Cap Rate

20.05%

DSCR

3.38

Strong

Cash-on-Cash

47.04%

Monthly Payment

$1,974.034

Annual Cash Flow

$56,311.588

Location & Travel Times

Similar Properties Nearby

+/- 64.2 Acres U.S. Highway 80 & I-85 Outer Loop Interchange, Pike Road

📍

$2.25M

Class B | Commercial

+/- 64.2 Acres U.S. Highway 80 & I-85 Outer Loop Interchange, Pike Road, AL 36064

Listed by Owner · For Sale