Corner Retail Property with Two
505 Hartley Road Saraland, AL 36571
505 Hartley Road, Saraland, AL, 36571
$329,900
For Sale
$329,900
SINGLE_FAMILY - Saraland, AL
Property Size1,807 SF
Lot Size0.73 Acres
Price / SF$182.57
Days on Market154
Property Features for 505 Hartley Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- unkno
- Parking
- 25
- Parking features
- Parking Lot
- Interior features
- Living Space Available, Restrooms
- Fencing
- Fenced
- Standard status
- Active
- APN
- 1908330001059
- Size
- 1,807 SF
- Lot size
- 0.73 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1953
Utilities
- Utilities
- Water Available
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1934
- Floors in Building
- 1
- Flooring type
- Vinyl, Hardwood
- Building materials
- Vinyl Siding, Wood Siding
Listing Agency
Roberts Brothers TREC
(251) 344-9220
Mobile, AL
Listed by
Ashley Duffy
(251) 591-7017
Added: Feb 13 Checked: Jul 17 at 4:06 am
MLS# 7718540
Copyright © 2026 Mobile Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
505 & 505A Hartley Road offers two separate retail storefront buildings on a high-visibility corner lot. The main building is currently operating as a hair salon and gift shop, and has been updated with a new roof, HVAC, and plumbing within the past two years. The secondary building (505A) is tenant occupied and has a strong rental history.
The property has frontage on Hartley Road and faces Highway 43, supporting visibility for a variety of business uses. It is described as being surrounded by established businesses.
Previously used as an event venue, the space may be suitable for alternative retail, office, or service-based uses, subject to applicable requirements. Property is sold as-is where-is, and buyers are instructed to verify all measurements and pertinent information.
The property has frontage on Hartley Road and faces Highway 43, supporting visibility for a variety of business uses. It is described as being surrounded by established businesses.
Previously used as an event venue, the space may be suitable for alternative retail, office, or service-based uses, subject to applicable requirements. Property is sold as-is where-is, and buyers are instructed to verify all measurements and pertinent information.
Key Highlights
- High‑visibility corner lot with frontage on busy Hartley Road and facing Highway 43
- Two separate buildings on 505 Hartley Road and 505A Hartley Road, with immediate income potential
- Main building updated with a new roof, HVAC, and plumbing within the past two years (hair salon and gift shop)
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.8k | $19.80 |
| − Vacancy | −$1.6k | −$0.89 |
| EGI | $34.2k | $18.91 |
| − OpEx | −$10.3k | −$5.67 |
| NOI | $23.9k | $13.24 |
1,807 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$341.7K
$299.0K – $398.6K
NOI $23,918 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$445.2K
$389.6K – $519.4K
NOI $31,165 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Magnolia Cottage
(Bike/Boat/Book/etc) Store
M. Paige Farmer, ...
Tax Preparation
Similar For Sale Nearby
Similar Off Market Nearby
- Satsuma Flower Deliviry — Avondale Ave, Satsuma, AL 36572
- 4 Hearts Flowers — 5106 US-43 Suite 5116, Satsuma, AL 36572
FAQs
What type of property is this?
Storefront property - Two storefront buildings on a high-visibility corner lot with recent roof, HVAC, and plumbing updates on the main unit.
Where is this storefront property located?
The property is located at 505 Hartley Road Saraland, AL.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: High‑visibility corner lot with frontage on busy Hartley Road and facing Highway 43; Two separate buildings on 505 Hartley Road and 505A Hartley Road, with immediate income potential; Main building updated with a new roof, HVAC, and plumbing within the past two years (hair salon and gift shop)
