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Property profile & analytics
OFF-MARKET
Commercial real estate

1374 Co Rd Hanceville, AL 35077

19 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Lot 19 ac (827,640 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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