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$125,000 Sold

165 Lee Road 349, Salem, AL 36874, USA

0 sq ft 0.77 acres
Sold $125,000 on February 10, 2026
165 Lee Road 349, Salem, AL 36874, USA
0 sq ft 0.77 acres
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$132,500 Estimated Value $119,250 – $145,750 Based on 6 similar sales
4.3 mo Absorption Rate Balanced Market 72 active · 16.9/mo sold
98.0% List-to-Sale Ratio Sellers get close to asking
66 Avg Days on Market Longer time to sell

Sold for $125,000 on February 10, 2026

Est. today $132,500 +$7,500 (+6%)

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At today's 6.5% rate with 10% down, a buyer would pay ~$754/mo for a home at this value.

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165 Lee Road 349, Salem, AL 36874, USA

Description

Tucked in the quiet Lakeview Shores community, just a short walk from a neighborhood boat ramp and dock on Lake Harding, this six-lot RV park already feels established. Three long-term tenants bring in $525 a month each, providing steady cash flow while leaving room to grow. The remaining lots are ready for development, offering the perfect setup for additional pads or tiny homes. A functional laundry building on-site is plumbed for a bathroom—ideal to finish out as a tenant space or efficiency rental. The property’s boat ramp access is a huge plus for tenants who enjoy fishing, boating, and lake life. Low expenses and minimal upkeep make this a smart, easy-to-manage investment.

Property Details

Property Type
CommercialSale
Living Area
0 sq ft
Lot Size
0.77 acres
Subdivision
LAKEVIEW SHORES
County
Lee
Sold Price
$125,000
Sold Date
February 10, 2026
Last List Price
$125,000
Last List Date
October 28, 2025

Price History

  1. Sold MLS# E102344 $125,000
  2. Sold MLS# E102345 $125,000
  3. Sold MLS# 177317 $125,000
  4. Sold MLS# 177316 $125,000
  5. Listed MLS# E102344 $125,000
  6. Listed MLS# E102345 $125,000
  7. Listed MLS# 177317 $125,000
  8. Listed MLS# 177316 $125,000

Location

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