Technical
Financial
Distress signals
Property profile

206 Bexar Ave Hamilton, AL 35570

FOR SALE
Office Spaces
Property ID
US03-2660947
1,769 SF 0.39 ac lot Built 1900
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, situated at 206 Bexar Avenue in Hamilton, Alabama, presents a unique investment opportunity. Spanning 1,178 square feet and encompassing a half-acre lot, this building boasts a highly desirable location, just one block away from the Hamilton County Courthouse. Its previous use as a doctor's office suggests a versatile layout adaptable to a variety of commercial ventures. The property is being sold in its "as is" condition, offering potential buyers the chance to customize and renovate to their specific needs and preferences. The strategic proximity to the courthouse ensures high visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the heart of Hamilton. The substantial lot size provides ample space for potential expansion or outdoor amenities. This property is priced competitively at $145,000, representing a compelling value proposition for discerning investors seeking a well-situated commercial space with significant upside potential. Serious inquiries are encouraged to explore this promising opportunity further. The property's prime location and versatile nature make it an ideal investment for a variety of commercial uses. The "as is" sale condition allows for flexibility in renovation and customization.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1900
Total area 1,769 SF
Lot 0.39 ac (16,800 SF)
APN 49-09-07-35-3-000-078.000
UPID US03-2660947

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician

Location

206 Bexar Ave Hamilton, AL 35570
Hamilton metro Census 964300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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