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    122 1St St Hamilton, AL 35570

    For Sale
    $199,900

    Prime location, renovated offices, great investment.

    Property size:
    2,560 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 2,560 square foot commercial property is situated in the heart of Hamilton, Alabama, directly across from the courthouse on the town square. The building has undergone a complete renovation, presenting a modern and attractive space ideal for a variety of commercial uses. Currently leased to a law firm, this property offers immediate income potential, making it an attractive investment opportunity. The building's prime location on the square ensures high visibility and accessibility, benefiting from significant foot traffic and easy access to local amenities and services. The property is a single-story building, offering convenient and efficient use of space. While currently occupied, the potential for future lease agreements or owner-occupancy presents considerable flexibility. All interested parties are encouraged to conduct their own due diligence to verify all aspects of the property, including square footage and lease terms. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a desirable downtown location. The asking price is $199,900. Serious inquiries only.

    Property Features for 122 1St St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,560 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Marion
    State
    Alabama
    Longitude
    -87.98911
    Latitude
    34.14284

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, renovated offices, great investment.
    Where is this commercial real estate located?
    The property is located at 122 1St St Hamilton, AL.
    What is the asking price?
    The asking price for this property is $199,900.
    (256) 284-7781
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    122 1St St Hamilton, AL 35570
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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
    122 1St St Hamilton, AL 35570
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