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    1374 Co Rd Hanceville, AL 35077

    For Sale
    $494,000

    Prime 19-acre commercial tract, high potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 19-acre commercial property presents a unique investment opportunity in Hanceville, Alabama. Situated on County Road 490, its strategic location offers significant potential for various commercial ventures. The land's size and accessibility make it ideal for a wide range of developments, from retail and light industrial to hospitality or other commercial uses. The property's zoning and annexation possibilities into the city of Hanceville should be investigated to determine the full scope of permitted uses. An added benefit is the availability of an adjacent 59-acre parcel, also for sale separately, offering the potential for expansion or synergistic development. This presents a rare chance to acquire a substantial land holding in a growing area. The property's proximity to a golf course adds to its appeal and potential for attracting clientele. Serious inquiries are encouraged to explore the possibilities and conduct due diligence to assess the property's suitability for their specific business plans. This is a blank canvas for a visionary developer seeking a significant land acquisition in a desirable location. The asking price reflects the substantial acreage and development potential. Further information regarding zoning, utilities, and potential development costs is available upon request.

    Property Features for 1374 Co Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    827,640 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hanceville
    County
    Cullman
    State
    Alabama
    Longitude
    -86.83308
    Latitude
    34.1207

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 19-acre commercial tract, high potential.
    Where is this commercial real estate located?
    The property is located at 1374 Co Rd Hanceville, AL.
    What is the asking price?
    The asking price for this property is $494,000.
    (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
    1374 Co Rd Hanceville, AL 35077
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