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    8861 Hwy Hanceville, AL 35077

    For Sale
    $549,000

    Two-acre commercial lot, high traffic, Cullman annexation potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 2-acre commercial lot presents a unique investment opportunity in Hanceville, Alabama. Boasting high visibility and significant traffic counts, this property is ideally suited for a variety of commercial ventures. Currently, it's to be parceled from a larger tract, offering a clean slate for development. The location provides excellent accessibility and exposure to a substantial customer base. A key advantage is the potential for annexation into the city limits of Cullman, unlocking further development possibilities and potentially enhancing property value. Utilities are readily available, with sewer lines conveniently located directly across the street. This prime commercial land offers significant potential for growth and return on investment, making it an attractive proposition for discerning buyers seeking a strategic location with high visibility and future development potential. The two-acre parcel provides ample space for a variety of commercial uses, allowing for flexibility in design and development plans. Don't miss this chance to secure a highly visible and strategically located commercial property in a growing area. Serious inquiries only.

    Property Features for 8861 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hanceville
    County
    Cullman
    State
    Alabama
    Longitude
    -86.7476
    Latitude
    34.0255

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    FAQs

    What type of property is this?
    Commercial real estate - Two-acre commercial lot, high traffic, Cullman annexation potential.
    Where is this commercial real estate located?
    The property is located at 8861 Hwy Hanceville, AL.
    What is the asking price?
    The asking price for this property is $549,000.
    (256) 739-1389
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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
    8861 Hwy Hanceville, AL 35077
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