Hartselle Commercial Office
400 Chestnut NW Street, Hartselle, AL 35640
11,700 sq ft office building in prime Hartselle location.
Type:Commercial/Industrial
Property size:
11,700 SFPrice / SF:
$117/SF- Added:
- Aug 8, 2025
- Days on Market:
- 299
- Last Refresh:
- Apr 7 at 9:21 pm
Property Features for 400 Chestnut NW Street
General Information
- Standard status
- Active
- Size
- 11,700 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1900
Listing agent Jerry Gray License #77905 (256) 338-4412
Listing office BJC Real Estate (256) 338-4412
Listing date Aug 8, 2025
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of BJC Real Estate
HighLights
- Large Commercial Office Building: 11,700 sq ft provides ample space.
- Prime Location: Situated in the heart of Hartselle, offering high visibility and accessibility.
- Multiple Separate Entrances: 3 wings with separate entrances allow for flexible use.
- Abundant Office Space: Features 32 offices, catering to a large workforce.
- Includes 4 conference rooms, facilitating meetings and presentations.
- Equipped with 3 kitchens/kitchenettes, enhancing convenience for employees.
Overview
This commercial office building, located in the heart of Hartselle, offers 11,700 square feet of space. The building features three wings, each with separate entrances. The layout includes a total of 51 rooms, incorporating 32 offices, 4 conference rooms, and 3 foyer areas. There are 11 bathrooms and 3 kitchens/kitchenettes. Storage is available with one inside storage room and two outside storage areas. The property is equipped with 4 central units. Interior features include large office areas, LVP flooring, and drop ceilings throughout.
Local Financial Insights For Office B
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 | $203.6k | $17.40 |
| − Vacancy | −$44.8k | −$3.83 |
| EGI | $158.8k | $13.57 |
| − OpEx | −$39.7k | −$3.39 |
| NOI | $119.1k | $10.18 |
11,700 SF · lease $17.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.70M
$1.49M – $1.98M
NOI $119,094 @ 7.0% cap · market cap 8.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.43M
$2.13M – $2.84M
NOI $170,389 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Natural Resources Conservation
Sustainability Organization
US Consolidated Farm ...
Sustainability Organization
Location Insight
- Map
- Local Demand
- City
- Hartselle
- County
- Morgan
- State
- Alabama
- Longitude
- -86.937739
- Latitude
- 34.443324
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 11,700 sq ft office building in prime Hartselle location.
Where is this office building located?
The property is located at 400 Chestnut NW Street Hartselle, AL.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Large Commercial Office Building: 11,700 sq ft provides ample space.; Prime Location: Situated in the heart of Hartselle, offering high visibility and accessibility.; Multiple Separate Entrances: 3 wings with separate entrances allow for flexible use.
