206 Bexar AveHamilton, AL 35570

Property Details for 206 Bexar Ave

Year built

1900

Lot size

0.39 AC

Property size (Sq ft)

1,769 SF

Property type

Office properties

APN

49-09-07-35-3-000-078.000

APU

490907353000078000

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $296,527

  6.5%

  $273,717

  7%

  $254,166

• Comparable approach

  Method

  Valuation

  Relative Method

  $253,147

  Geo Method

  $345,061

• Alternative Use

  Use

  Valuation

  Residential

  $339,409

  Hospitality

  $310,897

  Educational

  $258,663

  Medical

  $267,559

  Retail

  $402,364

Location Insight

City

Hamilton

County

Marion

State

Alabama

Latitude

34.1417

Longitude

-87.9866

Property Tax & Assessments

FAQs

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