10303 U S Highway 31 Hanceville, AL 35077
This exceptional commercial property in Hanceville, Alabama, presents a rare opportunity for businesses seeking ample space and excellent visibility. Located at 10303 US Hwy 31, the property encompasses two substantial buildings totaling over 7,400 square feet on a 0.9-acre lot. The main building boasts over 5,000 square feet of warehouse space, conveniently equipped with three large bay doors for easy loading and unloading of goods. This provides significant capacity for storage, manufacturing, or distribution operations. The second building, while smaller, offers additional functionality with its own bay door and the crucial advantage of three-phase power, ideal for machinery and equipment requiring higher voltage. A fully fenced area surrounding this second building enhances security and provides a dedicated space for outdoor storage or operations. The property's strategic location on US Highway 31 ensures high visibility and easy access for customers and employees, making it an attractive proposition for a wide range of commercial ventures. The asking price of $399,000 represents a compelling investment opportunity in a thriving Alabama market. This property is ready for immediate occupancy and offers significant potential for growth and profitability. Don't miss this chance to secure a prime commercial space in a highly visible 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
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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.