1209 Ford Chapel Rd Harvest, AL 35749
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.
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Spirited Cuts Barbering Barber Shop
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Kingdom Assembly Ministries Association Or Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.