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    156 Stratman Dr New Hope, AL 35760

    Picture of Land at Stratman Dr 156, New Hope, AL
    For Sale
    $70,000

    LOT - New Hope, AL

    Days on Market:
    162
    Last Refresh:
    Dec 8 at 2:06 pm

    Property Features for 156 Stratman Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Architectural style
    Other

    Ace Realty (256) 639-4663

    Listing agent Gary Potter (256) 639-4663

    Listing date Jun 30, 2025

    MLS# 21848265 Listing URL

    Copyright © 2025 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in New Hope

    This property is a residential land and home lot located in New Hope, Alabama. The surrounding area features newly constructed brick homes, making it a desirable location for building a new residence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Hope
    County
    Madison
    State
    Alabama
    Longitude
    -86.419885449
    Latitude
    34.541997551

    Nearby Similar for Sale

    • $595,000
      2.70 Acres

      New Hope Manufacturing Facility

      16,240 SF manufacturing facility on 2.7 acres in New Hope.
      1453 Johnson Ave, New Hope, AL 35760
      View Details
    • $335,000
      1.97 Acres

      Retail Property on 1.9 Acres

      Established business opportunity near Marshall County line in New Hope.
      Highway 431 S, New Hope, AL 35760
      View Details

    FAQs

    What type of property is this?
    Land - Land for residential construction in a desirable New Hope location.
    Where is this land located?
    The property is located at 156 Stratman Dr New Hope, AL.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: - Great location for building a home.; - Surrounded by nice, new brick homes.; - Coordinates provided for precise location: [-86.41988,34.541996].
    (256) 639-4663
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    156 Stratman Dr New Hope, AL 35760
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    New Hope, AL 35760
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    156 Stratman Dr New Hope, AL 35760
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