Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Harpersville Commercial Land For Sale Title is generated by Realmo AI

    5394 US 280, Harpersville, AL 35078

    View on Map
    Claim this Listing
    For Sale
    $359,000

    Commercial - Harpersville, AL

    Lot size:
    0.50 Acres
    Added:
    Jul 13, 2023
    Days on Market:
    1035
    Last Refresh:
    May 12 at 7:06 am

    Property Features for 5394 US 280

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    APN
    07 8 28 4 001 035.001
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Gabe Goodson

    Listing agent Gabe Goodson

    Listing office National Land Realty, Birmingham, AL 2633 Valleydale Rd., Birmingham, AL

    Listing date Jul 13, 2023

    MLS# 11289542 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Garage parking available.
    • Specific geographic coordinates provided.

    Overview

    This commercial land is located in Harpersville, Alabama. The lot size is approximately 0.5 acres. The property is intended for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Harpersville
    County
    Shelby
    State
    Alabama
    Longitude
    -86.439314
    Latitude
    33.344457

    Nearby Similar for Sale

    • $349,000

      Renovated Office Building on Highway

      Fully renovated office building on 1.37 acres in Harpersville.
      4364 HIGHWAY 280, HARPERSVILLE, AL 35078
      View Details
    • $242,000

      Harpersville Commercial Land on Highway

      13.52-acre commercial property with high visibility and access.
      0 Hwy 280, Harpersville, AL 35078
      View Details
    • $600,000

      Harpersville Commercial Land For Sale

      2.77 acre commercial land available in Harpersville, Alabama.
      39696 HWY 25, Harpersville, AL 35078
      View Details
    • $110,000

      Harpersville Land with Pond and Barn

      6.44 acres with pond, barn, cleared, ready to build.
      0 SUN VALLEY ROAD, HARPERSVILLE, AL 35078
      View Details
    • $295,000

      Harpersville Acreage with Building Potential

      38.91 acres in Harpersville, Alabama, suitable for residential development.
      1389-1409 CRESWELL ROAD, HARPERSVILLE, AL 35078
      View Details
    • $55,000

      HARPERSVILLE Acreage with Creek Access

      2.1 acres in HARPERSVILLE, AL, featuring Yellowleaf Creek.
      511 LAKEVIEW CIRCLE, HARPERSVILLE, AL 35078
      View Details
    • $300,000

      Commercial Land on Highway 280

      Commercial land with frontage on two highways, suitable for business.
      4481 Highway 280, HARPERSVILLE, AL 35078
      View Details
    • $135,000

      Harpersville Land Portfolio Near Coosa

      Seven cleared lots with septic permits near Coosa River.
      0 CHANCELLORS FERRY LOOP, HARPERSVILLE, AL 35078
      View Details
    • $362,000
      1,500 SF

      Harpersville Commercial Building on Highway

      Commercial building with frontage on US Highway 280.
      5394 Highway 280, HARPERSVILLE, AL 35078
      View Details
    • $199,999

      Commercial Lot in Harpersville Heart

      Prime commercial lot ready for development in the heart of Harpersville.
      191 HIGHWAY 25, HARPERSVILLE, AL 35078
      View Details
    • $30,100

      Harpersville Land in Chelsea District

      3.01-acre lot in Weatherton Woods Estates, Chelsea School District.
      0 WEATHERTON TRAIL, HARPERSVILLE, AL 35078
      View Details
    • $30,300

      Harpersville Land Lot For Sale

      3.03-acre lot in Chelsea School District with underground utilities.
      0 WEATHERTON TRAIL, HARPERSVILLE, AL 35078
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land available in Harpersville, Alabama.
    Where is this commercial land located?
    The property is located at 5394 US 280 Harpersville, AL.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: Garage parking available.; Specific geographic coordinates provided.
    (205) 438-6733
    We can help!
    Listing Contact
    Gabe Goodson
    Learn More
    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.
    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

    Thank You for Inquiry
    5394 US 280, Harpersville, AL 35078
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!