Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Highway 134 Daleville, AL 36322

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $546,000

    273 acres ideal for industrial development with rail frontage.

    Property size:
    273 SF
    Lot size:
    273.00 Acres

    Property Features for Highway 134

    General Information

    Size
    273 SF
    Lot size
    273.00 Acres

    We can help!

    Listing Contact
    Kenny Whatley
    Kenny Whatley
    Source: Naiglobal

    Listing Agent: Kenny Whatley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    273 Acres Industrial Development Land

    This 273-acre property is suitable for industrial development, featuring property reserved for a spur track to provide rail service. The site boasts approximately 4750 feet of rail frontage. Located near the intersection of Daleville Ave (Hwy 85) and Hwy 134, the property is 3.75 miles east on Hwy 134, accessible via a left turn onto Hanchey Field Rd, crossing the railroad tracks. The land extends on both sides of Hanchey Field Rd up to the Newton gate (Hatch Rd.). Alternatively, from Newton on Hwy 123 N, turn left at the intersection of Hwy 134 and proceed 2.7 miles before turning right. The Daleville/Ft. Rucker area is home to many defense contractors. Generous city, county, and state incentives are available to industrial prospects bringing jobs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Daleville
    County
    Dale
    State
    Alabama
    Longitude
    -85.71411
    Latitude
    31.306942

    Nearby Similar for Sale

    • $299,000
      0.50 Acres

      Renovated Retail/Office Space, Daleville Avenue

      Renovated retail/office space with high visibility and ample parking.
      312 Daleville Ave, Daleville, AL 36322
      View Details
    • New
      $179,000
      0.50 Acres

      Daleville Commercial Property with Drive-Through

      Two-story commercial property with drive-through in high-traffic area.
      671 North Daleville Ave, Daleville, AL 36322
      View Details
    • $499,900

      Versatile Building in Daleville, AL

      High visibility location suitable for restarting a business.
      51 Daleville Ave, Daleville, AL 36322
      View Details
    • $2,500,000
      864 SF

      Red Oak Mobile Home Park

      Mobile home and RV park in Daleville, Alabama for sale.
      511 County Road 109, Daleville, AL 36322
      View Details
    • Contact for pricing
      30,000 SF

      Retail Center Near Fort Novosel

      Retail center near main retail corridor and Fort Novosel.
      185 Old Highway 134, Daleville, AL 36322
      View Details
    • Contact for pricing

      Former Pizza Hut For Sale

      2,442 SF former Pizza Hut available for sale.
      609 North Daleville Ave, Daleville, AL 36322
      View Details
    • Contact for pricing

      Specialty Property for Sale

      Specialty property available for purchase in Daleville, Alabama.
      161-215 Old Highway 134, Daleville, AL 36322
      View Details
    • $1,225,000

      Industrial Investment Property For Sale

      Industrial investment property available for purchase in Daleville, Alabama.
      410 Industrial Blvd, Daleville, AL 36322
      View Details
    • $1,244,000

      Retail Property in Daleville, AL

      Retail property available for sale in Daleville, Alabama.
      935 N Daleville Ave, Daleville, AL 36322
      View Details
    • $500,000
      1.00 Acre

      Daleville Commercial Land Opportunity

      Acre lot, prime location, $500,000
      70 Al 134, Daleville, AL 36322
      View Details
    • $1,225,000
      7,200 SF

      Alabama Industrial Flex Space

      7,200 SF Flex Space, Daleville, AL
      410 Industrial Blvd, Daleville, AL 36322
      View Details
    • $69,000
      0.21 Acres

      878 Daleville Ave, Daleville, AL 36322

      Commercial real estate • 0.21 Acres
      878 Daleville Ave, Daleville, AL 36322
      View Details

    FAQs

    What type of property is this?
    Industrial land - 273 acres ideal for industrial development with rail frontage.
    Where is this industrial land located?
    The property is located at Highway 134 Daleville, AL.
    What is the asking price?
    The asking price for this property is $546,000.
    What are key features of this property?
    This property features: - 273 acres ideal for industrial development.; - Property reserved for spur track for rail service.; - Nearly 1 mile (4750 ft) of rail frontage.
    (334) 596-7890
    Request Owner's contact information
    Highway 134 Daleville, AL 36322
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Highway 134
    Daleville, AL 36322
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Highway 134 Daleville, AL 36322
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kenny Whatley
    Kenny Whatley
    Real Estate License ID: #000058211-0
    (334) 596-7890
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.