Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    220 Acres on Reese Road Hamilton, AL 35570

    View on Map
    Claim this Listing
    For Sale
    $572,000

    LAND - Hamilton, AL

    Lot size:
    220.00 Acres
    Added:
    Mar 9, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 29 at 7:06 pm

    Property Features for 220 Acres on Reese Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    220.00 Acres

    Utilities

    Water front features
    Creek

    We can help!

    Listing Contact
    Sherry Pruitt
    Sherry Pruitt

    Listing agent Sherry Pruitt License #117944

    Listing office Sherry Pruitt Real Estate 267 Military Street, AL

    Listing date Mar 9, 2026

    MLS# 21893775 Listing URL

    Copyright © 2026 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

    220 Acres Timber & Hunting

    This 220-acre tract in Hamilton, AL, offers convenient access to I-22. The property features 120 acres of clear-cut land, which has been replanted with Loblolly pine seedlings, along with 30 acres of mature timber. A stream traverses the land, and a gated road ensures privacy. The property is currently leased for hunting and supports an excellent deer population. Firelanes are in place. This land is suitable for recreation, timber investment, or future development.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Hamilton
    County
    Marion
    State
    Alabama
    Longitude
    -88.0288
    Latitude
    34.1671

    Nearby Similar for Sale

    • $545,000
      3,299 SF

      Hamilton Multi-Unit Opportunity

      Unique multi-unit property ideal for various ventures.
      315 Bexar Ave W, Hamilton, AL 35570
      View Details
    • $369,900
      7,930 SF

      Hamilton Commercial Property with Apartment

      7,900+ sqft commercial space with 1,500 sqft apartment.
      1850 County Road 35, Hamilton, AL 35570
      View Details
    • $99,900
      3,000 SF

      Downtown Hamilton Commercial Opportunity

      Prime location with high visibility and endless business possibilities.
      126 2nd Street, Hamilton, AL 35570
      View Details
    • $280,000
      3,000 SF

      Renovated Four-Plex in Hamilton, AL

      Fully renovated four-unit property with tenants in place.
      415 2nd Avenue SE, Hamilton, AL 35570
      View Details
    • $70,000
      1,100 SF

      Hamilton Office Space For Sale

      Well-maintained office space in a high-traffic area of Hamilton.
      281 Military Street S, Hamilton, AL 35570
      View Details
    • $220,000
      4,000 SF

      Hamilton, AL Commercial Property

      Commercial property in Hamilton, Alabama, featuring 4,000 square feet.
      26210 US Highway 43, Hamilton, AL 35570
      View Details
    • $379,000

      Commercial Land in Hamilton, AL

      4.3 acre commercial land with utilities ready for new construction.
      1056 County Highway 35, Hamilton, AL 35570
      View Details
    • $379,000

      Commercial Land Near Love's Station

      4.3 acre commercial land with high visibility, utilities available.
      1056 County Highway 35, Hamilton, AL 35570
      View Details
    • $117,000

      Hamilton Commercial Land Opportunity

      Two-acre commercial land near interstate with utilities in place.
      3511 W Bexar Ave, Hamilton, AL 35570
      View Details
    • $200,000

      Commercial Land in Hamilton, AL

      Commercial land suitable for service business or commercial use.
      S MILITARY St, Hamilton, AL 35570
      View Details
    • $170,000

      Commercial Land in Hamilton, AL

      1.71 acre commercial land parcel in Hamilton, Alabama.
      S MILITARY St, Hamilton, AL 35570
      View Details
    • $43,400

      Secluded Hamilton Acreage For Sale

      13 acres of wooded land near Hamilton, Alabama.
      0 Spruce Drive, Hamilton, AL 35570
      View Details

    FAQs

    What type of property is this?
    Hunting land - 220 acres of timber and hunting land in Hamilton, AL.
    Where is this hunting land located?
    The property is located at 220 Acres on Reese Road Hamilton, AL.
    What is the asking price?
    The asking price for this property is $572,000.
    What are key features of this property?
    This property features: Prime 220‑acre tract ideal for recreation, timber investment, or future development.; 120 acres of replanted Loblolly pine seedlings and 30 acres of mature timber.; Excellent deer population and currently leased for hunting.
    (205) 570-2345
    We can help!
    Listing Contact
    Sherry Pruitt
    Sherry Pruitt
    Real Estate License ID: 117944
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!