261 Hwy New Hope, AL 35760
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.
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.