1706 Military St Hamilton, AL 35570
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.