Property profile

535 Military St S Hamilton, AL 35570

FOR LEASE
Investment properties
Property ID
US03-2119333
61,932 SF 2.8 ac lot Built 1967
Entity Owned Free & Clear
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Property summary

AI-generated overview

Hamilton Commons, a Class B retail shopping center in Hamilton, Alabama, presents a compelling investment opportunity. This 67,437 square foot center, built in 1977, boasts 12 suites and offers multiple tenancy options. Currently, there are three available spaces ranging from 1,200 to 10,000 contiguous square feet, totaling 17,200 square feet of vacant space. The minimum divisible space is 1,200 square feet, providing flexibility for various retail businesses. Strategically located at 535 Military St S, Hamilton, AL 35570, this property benefits from high visibility due to its proximity to a major roadway and ample on-site parking. A key advantage is its anchor tenant, Super Value Grocery, which drives significant foot traffic to the center. This presents a unique chance to establish or expand a retail presence in a thriving commercial area. The property's location ensures excellent accessibility for customers and employees alike. The available spaces offer a great opportunity for businesses seeking a well-established location with strong existing traffic and visibility. This is an ideal opportunity for businesses looking to capitalize on a prime retail location in a growing market.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1967
Total area 61,932 SF
Lot 2.8 ac (122,032 SF)
APN 49-16-02-03-0-201-023.000
UPID US03-2119333

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
  • Hair Salon Nail Salon
  • Nail Salon
  • Loan Service
  • Bank Credit Union
  • Check Cashing

Location

535 Military St S Hamilton, AL 35570
Hamilton metro Census 964300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$760k

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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