489 Co Rd Hanceville, AL 35077
- Commercial real estate
- 60.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 489 Co Rd
- Lot size
- 60.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents approximately 60 acres of commercially zoned land ideally situated near the golf course road in Hanceville, Alabama. The property's prime location offers significant potential for development, with the added benefit of possible annexation into the city limits of Cullman, unlocking further development opportunities and enhancing property value. The existing structure on the property, an older house, is not factored into the asking price of $1,600,000. This presents a unique chance to acquire a substantial land parcel without the burden of demolition costs or the need to factor in the value of an outdated building. The expansive acreage is currently wooded, providing a blank canvas for a variety of commercial ventures. Furthermore, an additional 19 acres adjacent to this property are also available for purchase, presenting an opportunity to expand the investment significantly. This combined acreage offers unparalleled potential for large-scale commercial development, making this a truly exceptional investment opportunity in a rapidly growing area. The property's proximity to Cullman provides easy access to a wider range of amenities and infrastructure, further enhancing its appeal. Serious inquiries are encouraged to explore the full potential of this remarkable land offering.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hanceville
- County
- Cullman
- State
- Alabama
- Longitude
- -86.8331
- Latitude
- 34.1263
