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Property profile

6140 Co Rd Hanceville, AL 35077

OFF-MARKET
Commercial real estate
35,000 SF 3 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional 35,000 square foot commercial property, located at 6140 Co Rd 490 in Hanceville, Alabama, presents a lucrative investment opportunity. Situated on a three-acre lot, this newly constructed facility boasts 37 individual units, perfectly suited for RV, auto, and boat storage. Its strategic location near Smith Lake offers unparalleled convenience and accessibility for recreational vehicle owners and boaters. The property features a secure perimeter with an electronic fence, ensuring the safety and security of stored vehicles and equipment. Easy access to the units is a key advantage, simplifying the process of storing and retrieving items. The modern construction and design of the facility contribute to its overall appeal and functionality. This property is ideal for an investor seeking a high-demand storage solution in a rapidly growing area. The substantial size of the facility, combined with its prime location and secure features, makes it a highly attractive investment prospect with significant potential for strong returns. The property's proximity to Smith Lake, a popular recreational destination, further enhances its value and appeal to potential renters. This turnkey operation is ready for immediate occupancy and income generation. The asking price of $3,000,000 reflects the exceptional quality and potential of this commercial property. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Year built 2024
Total area 35,000 SF
Lot 3 ac (130,680 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6140 Co Rd Hanceville, AL 35077
Hanceville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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