770 County Road 654, Hanceville, AL 35077
20,000 sqft licensed hemp grow and processing facility for sale.
- Added:
- Feb 22, 2025
- Days on Market:
- 476
- Last Refresh:
- Jan 20 at 9:53 am
Property Features for 770 County Road 654
General Information
- Standard status
- Active
- Size
- 20,000 SF
- Lot size
- 2.50 Acres
- Property subtype
- Business Opportunity
Listing agent Ashley Ford License #136732 (615) 496-1352
Listing office Leading Edge Arab (615) 496-1352
Listing date Feb 22, 2025
Source Exprealty
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All listing content including descriptions, pricing, images are the copyrighted material of Leading Edge Arab
HighLights
- 20,000 sqft licensed hemp grow & processing facility.
- Features 3 operational grow rooms.
- Room for expansion.
- Processing facility on‑site.
- Rare gem property.
- Additional features (see attached documents).
Overview
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $120.0k | $6.00 |
| − Vacancy | −$9.0k | −$0.45 |
| EGI | $111.0k | $5.55 |
| − OpEx | −$33.3k | −$1.67 |
| NOI | $77.7k | $3.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hanceville
- County
- Cullman
- State
- Alabama
- Longitude
- -86.6627
- Latitude
- 34.1164
