Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2896 Bexar Ave Hamilton, AL 35570

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2896 Bexar Ave Hamilton, AL 35570

    View on Map
    • Auto shops
    • 2,800 SF
    • 1.50 lot acres
    For Sale
    $329,000
    View Listing →
    Multi-Use Commercial Building on 1.6 Acres For Sale
    $329,000
    3,720 SF

    Multi-Use Commercial Building on 1.6 Acres

    Large commercial building on 1.6 acres, multiple bays.

    2896 Bexar Ave, Hamilton, AL 35570
    View Listing
    Property ID
    US03-2618319
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto shops

    Property Details for 2896 Bexar Ave

    Year built
    2006
    Lot size
    1.50 lot acres
    Property size
    2,800 SF
    Property type
    Auto shops
    APN
    49-09-09-29-0-203-002.002
    APU
    490909290203002002

    Description

    This exceptional 3,720-square-foot manufacturing facility, built in 2006, sits on a 1.4-acre lot in Hamilton, Alabama (zip code 35570, 2896 Bexar Ave W). Priced at $389,900 ($104.81/sq ft), this single-unit property boasts a 62x60 main shop with a remarkable 20-foot ceiling height at its peak. The robust construction includes a 6-inch concrete foundation. A significant advantage is the inclusion of an attached paint room equipped with a state-of-the-art down-draft system and a 15x24 paint booth. Further enhancing its functionality is a 30x30 attached shed, a large shipping container, and a powerful 150 psi industrial air compressor. The property also features an office and a bathroom, conveniently plumbed for a future shower installation. The layout includes multiple bays, easily accommodating semi-truck navigation. Its strategic location offers convenient access to major transportation routes, being only two miles from I-22, providing a direct link between Memphis and Birmingham. The property is zoned for commercial use.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Marion
    State
    Alabama
    Longitude
    -88.0317
    Latitude
    34.1603

    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
    $575
    $4,160
    $13,800
    $17,960
    -
    $20,840
    $69,025
    $89,865

    Comparable in this City

    • Value Estimation by Request
      1,210 SF

      5363 Bexar E Ave

      AUTO REPAIR, GARAGE • 1,210 SF
      5363 Bexar E Ave, Hamilton, AL 35570-2858
      View Details
    • Value Estimation by Request
      1,584 SF

      2356 Bexar E Ave

      AUTO REPAIR, GARAGE • 1,584 SF
      2356 Bexar E Ave, Hamilton, AL 35570-4220
      View Details
    • Value Estimation by Request
      2,400 SF

      Cashion Ln

      AUTO REPAIR, GARAGE • 2,400 SF
      Cashion Ln, Hamilton, AL 35570
      View Details
    • Value Estimation by Request
      840 SF

      1937 Military S St

      AUTO REPAIR, GARAGE • 840 SF
      1937 Military S St, Hamilton, AL 35570-6611
      View Details
    • Value Estimation by Request
      5,300 SF

      1375 State Hwy 17

      AUTO REPAIR, GARAGE • 5,300 SF
      1375 State Hwy 17, Hamilton, AL 35570-6155
      View Details
    • Value Estimation by Request
      8,000 SF

      4234 State Hwy 17

      AUTO REPAIR, GARAGE • 8,000 SF
      4234 State Hwy 17, Hamilton, AL 35570-7711
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,720 SF

      Multi-Use Commercial Building on 1.6 Acres

      Large commercial building on 1.6 acres, multiple bays.
      2896 Bexar Ave, Hamilton, AL 35570
      View Details
    • $416,000
      3.20 Acres

      Land Near Interstate I-22

      3.2 acres of land near Loves Truck Stop.
      3.2 Acres Hwy 35, Hamilton, AL 35570
      View Details
    • $99,900
      3,000 SF

      Downtown Hamilton Commercial Opportunity

      Prime location with high visibility and endless business possibilities.
      126 2Nd St, Hamilton, AL 35570
      View Details
    • Contact for pricing
      640 SF

      Remodeled Commercial Building in Hamilton

      Remodeled commercial building in downtown Hamilton suitable for small business.
      Nw 1St St, Hamilton, AL 35570
      View Details
    • $220,000
      4,000 SF

      Commercial Building on Hwy 43

      4,000 SF commercial building on 3.84 acres.
      26210 Us Highway 43, Hamilton, AL 35570
      View Details
    • $369,900
      7,930 SF

      Hamilton Commercial Property with Apartment

      7,900+ sqft commercial space with 1,500 sqft apartment.
      1850 County Rd 35, Hamilton, AL 35570
      View Details
    View Listing
    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.
    2896 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 Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!