Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    18369 State Highway 253 Hamilton, AL 35570

    Sponsored
    For Sale
    $249,000

    Vacant Land - Hamilton, AL

    Lot size:
    50.00 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 22 at 12:06 am

    Property Features for 18369 State Highway 253

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    49 11 08 33 0 000 002.000
    Parking features
    Garage
    Lot size
    50.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Charles McAlpine

    Southeast Woods and Whitetail LLC

    Listing agent Charles McAlpine

    Listing date Jan 15, 2026

    MLS# 11612894 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    50-Acre Farmland with Barns

    This approximately 50-acre tract in Marion County combines agricultural utility, residential potential, and scenic beauty. The property has frontage on both a state highway and a county road, providing accessibility and visibility. Currently used for row crop production, the land features fertile soils and flat to gently rolling terrain. Two large barns, one approximately 60x60 and the other approximately 80x50, offer infrastructure for equipment, hay, or livestock. Power is connected to one of the barns. The tract offers views across the valley and surrounding rolling hills, creating a setting for a country home or homestead. Several locations are suitable for residences, barns, or shops, and the open acreage allows for farming or development. The property is located 12 minutes from Hamilton, 22 minutes from Winfield, 45 minutes to Jasper, 56 minutes to Tupelo, MS, 1 hour 10 minutes to Florence, 1 hour 17 minutes to Birmingham, and 1 hour 50 minutes to Huntsville. This tract is part of a larger farm available in five separate sections or as a whole, offering buyers flexibility. It presents an opportunity to own farmland with improvements, soils, and views in an accessible area of Marion County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Hamilton
    County
    Marion
    State
    Alabama
    Longitude
    -87.80797
    Latitude
    34.14549

    Nearby Similar for Sale

    • $369,900
      1.50 Acres

      Hamilton, AL Commercial Opportunity

      7,900+ sqft commercial space with 1,500 sqft apartment.
      1850 County Rd 35, Hamilton, AL 35570
      View Details
    • $70,000
      0.06 Acres

      Hamilton Office Space For Sale

      Well-maintained office space in high-traffic area of Hamilton, Alabama.
      281 Military St S, Hamilton, AL 35570
      View Details
    • $399,900
      5.00 Acres

      Hamilton Commercial Property with Acreage

      Versatile commercial building with office and warehouse space on 5 acres.
      1600 Military St N, Hamilton, AL 35570
      View Details
    • $59,900
      640 SF

      Downtown Hamilton Commercial Space

      Remodeled 640 sq ft commercial building
      1St St, Hamilton, AL 35570
      View Details
    • $999,900
      15.00 Acres

      Hamilton Commercial Land - 15 Acres

      Prime Hamilton acreage, I-access & river views.
      County Highway 35, Hamilton, AL 35570
      View Details
    • $237,000
      1,500 SF

      Hamilton Commercial Property Investment

      Prime Hamilton location, two buildings, endless potential.
      1897 Military St, Hamilton, AL 35570
      View Details
    • $199,900
      2,560 SF

      Downtown Hamilton Commercial Office Building

      Prime location, renovated offices, great investment.
      122 1St St, Hamilton, AL 35570
      View Details
    • $145,000
      1,178 SF

      Hamilton Commercial Building - Prime Location

      Dr.'s Office, 1178 sq ft, 0.5 acre lot
      206 Bexar Ave, Hamilton, AL 35570
      View Details
    • $329,000
      3,720 SF

      Hamilton Commercial Building - Huge Potential

      Spacious multi-use building, prime location, great access.
      2896 Bexar Ave, Hamilton, AL 35570
      View Details

    FAQs

    What type of property is this?
    Farm - 50 acres of fertile land with barns near Hamilton, AL.
    Where is this farm located?
    The property is located at 18369 State Highway 253 Hamilton, AL.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - 50-acre tract with fertile soils suitable for agricultural use or development.; - Two large barns (60x60 and 80x50) provide valuable infrastructure; one with existing power hookup.; - Excellent accessibility with frontage on a state highway and a county road.
    Request Owner's contact information
    18369 State Highway 253 Hamilton, AL 35570
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18369 State Highway 253
    Hamilton, AL 35570
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    18369 State Highway 253 Hamilton, AL 35570
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Charles McAlpine
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.