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    91 Hwy Hanceville, AL 35077

    For Sale
    $129,900

    Prime 1.53-acre commercial lot in Hanceville.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 1.53-acre commercial lot presents a remarkable opportunity for investors and businesses seeking a prominent location in Hanceville, Alabama. Situated conveniently near the city center on Highway 91, this expansive property offers unparalleled visibility and accessibility. Its generous size allows for a wide range of development possibilities, from constructing a new commercial building to expanding existing operations. The strategic location ensures high traffic volume and exposure to a substantial customer base. The property's central position within Hanceville provides easy access to local amenities, residential areas, and major transportation routes, making it an ideal site for a variety of commercial ventures. This is a rare chance to acquire a significant piece of land in a thriving Alabama community, offering substantial potential for growth and return on investment. The property is ready for immediate development, presenting a unique opportunity to establish a strong presence in a dynamic market. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property. The asking price reflects the significant value and potential of this prime location. Don't miss this chance to secure a piece of Hanceville's commercial landscape.

    Property Features for 91 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    66,647 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hanceville
    County
    Cullman
    State
    Alabama
    Longitude
    -86.7948
    Latitude
    34.0506

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1.53-acre commercial lot in Hanceville.
    Where is this commercial real estate located?
    The property is located at 91 Hwy Hanceville, AL.
    What is the asking price?
    The asking price for this property is $129,900.
    (256) 841-6174
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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
    91 Hwy Hanceville, AL 35077
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