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    3694 Co Rd Hanceville, AL 35077

    Sponsored
    For Sale
    $1,194,900

    Established Business, 5 Buildings, I-65 Access

    Property size:
    1,648 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property in Hanceville, Alabama, presents a unique investment opportunity. The 7-acre site boasts five buildings, offering a diverse range of spaces ideal for various business ventures. The main building, a substantial warehouse, comprises 1,940 square feet of office space, thoughtfully divided into open retail/reception areas, three restrooms, a private office, storage, a break room, and a large 14,960-square-foot open warehouse. This building also includes 1,200 square feet of covered, unenclosed storage. Four additional buildings provide ample storage capacity: one enclosed storage barn at 2,220 square feet, another at 684 square feet, and a third at 2,666 square feet. A 1,648-square-foot single-family residence is also included, currently occupied by a tenant. The property's strategic location offers convenient access to Interstate 65 via Exit 299. A significant amount of equipment is included in the sale, enhancing the property's operational capabilities. This equipment consists of a Kalamar forklift, a Chuck Wagon Brister UTV, a Phoenix band saw, a Stihl TS420 demo saw, a Millermatic 250 welder, a P50 Piranha punch press, a John Deere 2030 tractor, and a phone system. This multifaceted property is primed for immediate use and offers significant potential for future growth and expansion.

    Property Features for 3694 Co Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,648 SF
    Lot Size
    304,920 SF

    Building Details

    Year Built
    1998
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hanceville
    County
    Cullman
    State
    Alabama
    Longitude
    -86.88354
    Latitude
    34.05231

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    FAQs

    What type of property is this?
    Commercial real estate - Established Business, 5 Buildings, I-65 Access
    Where is this commercial real estate located?
    The property is located at 3694 Co Rd Hanceville, AL.
    What is the asking price?
    The asking price for this property is $1,194,900.
    (256) 739-1389
    Request Owner's contact information
    3694 Co Rd 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

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    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
    3694 Co Rd Hanceville, AL 35077
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