For Sale
$219,000
705 Nance Ford Road SW, Hartselle, AL 35640
Business Opportunity, Hartselle, AL
Property Size954 SF
Lot Size0.48 Acres
Price / SF$229.56
Days on Market15
Property Features for 705 Nance Ford Road SW
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Driveway, Parking Lot
Exterior features
Lighting
Directions
From Hyw 31s Turn Right Nanceford (By Civic Center) Go Thur 2 Redlights House On Right.
Standard status
Active
APN
15 05 15 3 001 046.000
Size
954 SF
Lot size
0.48 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Flooring type
Vinyl
Roof type
Shingle
Listing Agency:
Maegan Jones Real Estate Co
(256) 686-9048
Listed By:
Tina Alexander · License #127695
(256) 280-8475
Added: Sep 30
Changed: Oct 13
Last Checked: Oct 14 at 4:06AM
MLS# 21930571
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,264
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$145,280
$145.3K
Cap Rate 7%
$103,771
$103.8K
Cap Rate 9%
$80,711
$80.7K
Market Conditions
NOI Build-Up for 954 SF
Gross rent
$14.1K $14.76/SF
− Vacancy
−$873 −$0.92/SF
EGI
$13.2K $13.84/SF
− OpEx
−$5.9K −$6.23/SF
NOI
$7.3K $7.61/SF
Area
Morgan County, AL
Vacancy
6.20%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$145,280
Cap Rate 7%
$103,771
Cap Rate 9%
$80,711
Alternative Uses
Best Use
Apartment 5plus
$103.8K
$90.8K – $121.1K
NOI $7,264 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$198.5K
$173.7K – $231.6K
NOI $13,893 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
255
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
Where is this commercial land located?
The property is located at 705 Nance Ford Road SW Hartselle, AL.
What is the asking price?
The asking price for this property is $219,000.
