Technical
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Property profile

1209 Ford Chapel Rd Harvest, AL 35749

OFF-MARKET
Retail properties & Spaces
3,017 SF 1.67 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,017 SF
Lot 1.67 ac (72,745 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Barber Shop
  • Association Or Organization

Location

1209 Ford Chapel Rd Harvest, AL 35749
Harvest metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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