There is bouldering and kayaking available close to the dam. Says Informant
This lake is so wonderful. Ladybug Farm is a fine site to ride horses near Lake Nicol, and you'll meet a lot of folks from Northport here. This lake is so wonderful. In the event that you feel like getting out on the water, Eagle Cove Marina & Restaurant is nearby. Meetinghouse Branch is near Lake Nicol and is always a pleasure to take a look at. Lake Nicol Dam is a gorgeous place
near Lake Nicol. There's so much to do here at Lake Nicol that you need to camp here for a while, Deerlick Creek - Black Warrior And Tombigbee La is a tremendous location for that.