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Property profile & analytics
OFF-MARKET
Land

261 Hwy New Hope, AL 35760

0.82 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.82-acre commercial lot presents a remarkable opportunity for businesses seeking high visibility and convenient access. Strategically located on Highway 431 South in New Hope, Alabama, this property boasts a daily traffic count exceeding 22,000 vehicles, ensuring maximum exposure for your venture. The lot is flat and cleared, simplifying development and minimizing site preparation costs. Essential utilities, including power, water, and sewer, are already in place, streamlining the construction process and reducing upfront expenses. The property's address is 261 Hwy 431S, New Hope, AL 35760, and its parcel number (APN) is 2902040002039.000. This location offers unparalleled convenience for customers and employees alike, with easy access to major transportation routes. The asking price for this ready-to-build commercial lot is $175,000. Don't miss this chance to establish your business in a high-traffic, well-serviced location. This property is ideal for a wide range of commercial uses, offering significant potential for growth and return on investment. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Land
Lot 0.82 ac (35,719 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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