Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    246 Bexar Ave Hamilton, AL 35570

    • Drive through restaurants
    • 3,357 SF
    • 0.44 lot acres
    For Lease
    View listing
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US03-2596096
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 246 Bexar Ave

    Year built
    2003
    Lot size
    0.44 lot acres
    Property size
    3,357 SF
    Property type
    Drive through restaurants
    APN
    49-09-07-35-3-000-077.000
    APU
    490907353000077000

    Description

    This exceptional 3,676 square foot free-standing restaurant building presents a unique sublease opportunity in Hamilton, Alabama. Situated on a 0.86-acre parcel, the property boasts unparalleled visibility due to its location on Bexar Avenue (4,880 cars per day) and Military Street North (7,136 cars per day). Built in 2003, this single-story building offers a spacious, single-tenant layout, currently vacant and ready for immediate occupancy. The property's strategic location offers convenient access to a significant customer base, being only 1.6 miles (a five-minute drive) from Bevill State Community College. The existing lease agreement extends until March 31, 2038, with options available, providing long-term stability and investment potential. This is an ideal opportunity for a restaurant or retail business seeking a high-traffic location with excellent visibility and a substantial lease term. The property features no elevators, and the building consists of one structure. The county is Marion County. This turnkey property is ready for your business to thrive.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Marion
    State
    Alabama
    Longitude
    -87.9863
    Latitude
    34.1416

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,700
    $11,520
    $104,120
    $115,640
    -
    $57,600
    $520,650
    $578,250

    Comparable in this City

    • Value Estimation
      $755,000
      3,240 SF

      1687 Military S St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,240 SF
      1687 Military S St, Hamilton, AL 35570
      View Details
    • Value Estimation
      $380,000
      3,211 SF

      1546 Military S St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,211 SF
      1546 Military S St, Hamilton, AL 35570-5006
      View Details
    • Value Estimation by Request
      1,250 SF

      560 Military S St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,250 SF
      560 Military S St, Hamilton, AL 35570-4730
      View Details
    • Value Estimation
      $525,000
      3,156 SF

      261 Bexar E Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,156 SF
      261 Bexar E Ave, Hamilton, AL 35570-4064
      View Details
    • Value Estimation
      $220,000
      1,550 SF

      1261 Military S St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,550 SF
      1261 Military S St, Hamilton, AL 35570-5004
      View Details
    • Value Estimation
      $420,000
      2,598 SF

      1726 Military S St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,598 SF
      1726 Military S St, Hamilton, AL 35570
      View Details

    Similar Nearby for Sale

    • $369,900
      1.50 Acres

      Hamilton, AL Commercial Opportunity

      7,900+ sqft commercial space with 1,500 sqft apartment.
      1850 County Rd 35, Hamilton, AL 35570
      View Details
    • $145,000
      1,178 SF

      Hamilton Commercial Building - Prime Location

      Dr.'s Office, 1178 sq ft, 0.5 acre lot
      206 Bexar Ave, Hamilton, AL 35570
      View Details
    • $237,000
      1,500 SF

      Hamilton Commercial Property Investment

      Prime Hamilton location, two buildings, endless potential.
      1897 Military St, Hamilton, AL 35570
      View Details
    • $90,000
      0.89 Acres

      Commercial Land in Hamilton, AL

      Commercial building sites available in a high-traffic area.
      S Military St, Hamilton, AL 35570
      View Details
    • $45,000
      1.00 Acre

      Vacant Land Near Shops, Restaurants

      Approximately 1.17 acres of vacant land in Hamilton, Alabama.
      National Ave, Hamilton, AL 35570
      View Details
    • $1,525,000
      11.55 Acres

      Prime Commercial Land I-22 Frontage

      11.55 acres of commercial land with high visibility.
      I-22 Us Highway 43, Hamilton, AL 35570
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,676 SF

      Hamilton AL KFC Restaurant - Sublease

      Prime Retail Space, High Traffic Area, Long Lease
      246 Bexar Ave, Hamilton, AL 35570
      View Details
    • $4 SF/Yr
      67,437 SF

      Hamilton Commons Retail Center

      Alabama Shopping Center - High Traffic Area
      535 Military St, Hamilton, AL 35570
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    246 Bexar Ave
    Hamilton, AL 35570
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.