Retail Space with Updated
608 LONGHORN PASS NW, Hartselle, AL 35640
For Sale
$375,000
Commercial Sale, HARTSELLE, AL
Property Size3,500 SF
Lot Size0.45 Acres
Price / SF$107.14
Days on Market207
Property Features for 608 LONGHORN PASS NW
General Information
Property type
Property subtype
Directions
Standard status
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Water source
Building Details
Floors in Building
Flooring type
Buildings
Listing Agency:
RE/MAX Platinum · RE/MAX International
(256) 351-9180
Listed By:
Kay Saint · License AL #119196
(256) 318-2293
Added: Apr 18
Changed: Oct 29
Last Checked: Nov 10 at 12:06AM
MLS# 21915573
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property is a 3,500-square-foot metal building with concrete flooring. A new roof was installed in 2024, followed by HVAC replacement in 2025. The site encompasses 0.45 acres and includes an ample parking area.
The property is just off Highway 31 in Hartselle, Alabama, near a Starbucks. Public water serves the site.
The property is just off Highway 31 in Hartselle, Alabama, near a Starbucks. Public water serves the site.
Key Highlights
- 3,500‑square‑foot metal building with concrete flooring
- New roof installed in 2024
- HVAC replaced in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,944
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,880
$578.9K
Cap Rate 7%
$413,486
$413.5K
Cap Rate 9%
$321,600
$321.6K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$46.2K $13.20/SF
− Vacancy
−$4.9K −$1.39/SF
EGI
$41.3K $11.81/SF
− OpEx
−$12.4K −$3.54/SF
NOI
$28.9K $8.27/SF
Area
Morgan County, AL
Vacancy
10.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,880
Cap Rate 7%
$413,486
Cap Rate 9%
$321,600
Alternative Uses
Best Use
Retail
$413.5K
$361.8K – $482.4K
NOI $28,944 @ 7.0% cap · market cap 7.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$728.2K
$637.1K – $849.5K
NOI $50,971 @ 7.0% cap · market cap 13.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
685
Businesses Nearby
212k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 31%
Superstores 28%
Electronics 2%
Walmart
Superstores
60,035 visits/mo
0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
15,268 visits/mo
0.3 miles
Murphy USA
Shops & Services
14,907 visits/mo
0.5 miles
Dollar Tree
Shops & Services
14,541 visits/mo
0.3 miles
Jack's Family Restaurants
Dining
11,742 visits/mo
0.2 miles
Demographics for 35640, AL
25,913
Population
11,023
Households
2.4
Avg Household Size
41
Median Age
25%
College-Educated
89%
High-School Grad
106.9 sq mi
ZIP Area
242
Density / Sq Mi
$69,686
Median Household Income
$43,844
Median Earnings
$767
Median Rent
$196,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Morgan County, AL
Properties on Market for Retail space in Morgan County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A metal building on a 0.45-acre parcel includes ample parking for customer and staff use.
Where is this retail space located?
The property is located at 608 LONGHORN PASS NW Hartselle, AL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 3,500‑square‑foot metal building with concrete flooring; New roof installed in 2024; HVAC replaced in 2025
