1209 Ford Chapel Rd Harvest, AL 35749
- Retail properties
- 3,017 SF
- 1.67 lot acres
Current Use by Public Records
- Spirited Cuts Barbering / Barber Shop
- Kingdom Assembly Ministries / Association Or Organization
Property Details for 1209 Ford Chapel Rd
- Lot size
- 1.67 lot acres
- Property size
- 3,017 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a multi-tenant property ideally situated on a 1.67-acre corner lot in Harvest, Alabama. The property boasts 3,017 square feet of building space, currently 100% occupied by two tenants under month-to-month leases generating a combined monthly rent of $3,875. The property comprises two buildings: a 1,184 square foot residential rental house with two bedrooms and one bathroom, and a 1,833 square foot commercial space currently operating as a barber shop and gift shop. This prime location at the intersection of Wall Triana Highway and Ford Chapel Road offers significant road frontage of 644 feet, providing excellent visibility and accessibility. The property's air rights also encompass 3,017 square feet, presenting potential for future expansion. The existing low rents offer immediate upside potential for increased revenue. Furthermore, the substantial lot size includes additional undeveloped land behind the buildings, providing ample opportunity for future development of either residential or commercial structures. This property represents a compelling investment opportunity with strong cash flow and significant upside potential. The asking price is $499,000, translating to $165.40 per square foot. All interested parties are urged to conduct their own due diligence.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Harvest
- County
- Madison
- State
- Alabama
- Longitude
- -86.7487
- Latitude
- 34.8549
