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    1706 Military St Hamilton, AL 35570

    For Sale
    $600,000

    20 Acres, Walmart Adjacent, FAR Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 20-acre property presents a remarkable development opportunity in Hamilton, Alabama. Strategically located adjacent to a Walmart supercenter, this land offers unparalleled visibility and accessibility. Approximately five acres are directly adjacent to the Walmart property, providing immediate proximity to a high-traffic retail environment. The property is zoned FAR, allowing for a wide range of commercial development possibilities. Ideal uses could include restaurants, service stations, auto parts stores, or other retail establishments catering to the substantial customer base drawn to the Walmart location. The site boasts convenient access from Military Street and benefits from established easements through the Walmart parking lot, ensuring seamless ingress and egress. Essential utilities, including power, water, and sewer, are readily available, simplifying the development process. This is a rare chance to acquire a highly desirable parcel in a thriving commercial area, offering significant potential for substantial return on investment. The asking price for this exceptional property is $600,000. The property's address is 1706 Military St S, Hamilton, AL 35570. This is a truly unique opportunity for commercial development in a high-demand location.

    Property Features for 1706 Military St

    General Information

    Property type
    Farms
    Lot Size
    871,200 SF

    HighLights

    • 20‑acre development opportunity in Hamilton, AL, adjacent to a Walmart Supercenter.
    • Five acres directly abut Walmart, providing high visibility and accessibility.
    • FAR zoning allows for diverse commercial development (restaurants, service stations, retail, etc.).
    • Convenient access from Military Street with established easements through the Walmart parking lot.
    • Utilities (power, water, sewer) readily available.
    • Asking price: $600,000; Address: 1706 Military St S, Hamilton, AL 35570.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Marion
    State
    Alabama
    Longitude
    -87.991808006123
    Latitude
    34.119233228777

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    FAQs

    What type of property is this?
    Farm - 20 Acres, Walmart Adjacent, FAR Zoning
    Where is this farm located?
    The property is located at 1706 Military St Hamilton, AL.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 20-acre development opportunity in Hamilton, AL, adjacent to a Walmart Supercenter.; Five acres directly abut Walmart, providing high visibility and accessibility.; FAR zoning allows for diverse commercial development (restaurants, service stations, retail, etc.).
    Request Owner's contact information
    1706 Military 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
    1706 Military St Hamilton, AL 35570
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