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    10303 U S Highway 31 Hanceville, AL 35077

    For Sale
    $399,000

    Two buildings, 7400+ sq ft, high visibility.

    Property size:
    7,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property in Hanceville, Alabama, presents a rare opportunity for businesses seeking ample space and excellent visibility. Located at 10303 US Hwy 31, the property encompasses two substantial buildings totaling over 7,400 square feet on a 0.9-acre lot. The main building boasts over 5,000 square feet of warehouse space, conveniently equipped with three large bay doors for easy loading and unloading of goods. This provides significant capacity for storage, manufacturing, or distribution operations. The second building, while smaller, offers additional functionality with its own bay door and the crucial advantage of three-phase power, ideal for machinery and equipment requiring higher voltage. A fully fenced area surrounding this second building enhances security and provides a dedicated space for outdoor storage or operations. The property's strategic location on US Highway 31 ensures high visibility and easy access for customers and employees, making it an attractive proposition for a wide range of commercial ventures. The asking price of $399,000 represents a compelling investment opportunity in a thriving Alabama market. This property is ready for immediate occupancy and offers significant potential for growth and profitability. Don't miss this chance to secure a prime commercial space in a highly visible location.

    Property Features for 10303 U S Highway 31

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,400 SF
    Lot Size
    39,204 SF

    Building Details

    Year Built
    1989
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Pharmacy Gym & Fitness Kitchen & Bath Accounting Firm Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Hanceville
    County
    Cullman
    State
    Alabama
    Longitude
    -86.81533
    Latitude
    34.12676

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    FAQs

    What type of property is this?
    Commercial real estate - Two buildings, 7400+ sq ft, high visibility.
    Where is this commercial real estate located?
    The property is located at 10303 U S Highway 31 Hanceville, AL.
    What is the asking price?
    The asking price for this property is $399,000.
    (256) 739-1389
    Request Owner's contact information
    10303 U S Highway 31 Hanceville, AL 35077
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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
    10303 U S Highway 31 Hanceville, AL 35077
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