12883 Hwy 231st 431st N Hazel Green, AL 35750-8629
This exceptional commercial property in Hazel Green, Alabama, presents a unique investment opportunity. Located at 12883 Hwy 231 431 N, this 0.46-acre lot features two buildings totaling 4,300 square feet. The main structure boasts a charming rustic, fully finished 944 square foot office space with a log cabin aesthetic and a large covered porch. This connects via a finished breezeway to a 3,000 square foot warehouse. The office area includes a spacious open area, a private office, bathroom, and closet. The warehouse features an office, kitchen, and bathroom on either side of a hallway leading to a large open warehouse space with 10-foot ceilings and a 12-foot wide garage door opening to a drive-up loading dock with a sloped ramp. A mezzanine level provides additional 59' x 11' of finished space ideal for storage or office expansion. The property also includes a 10' x 13' detached shed with an 8.5-foot wide garage door. The entire property is secured by a fence and automatic security gate. Utilities are on-site, with septic instead of sewer. This property is part of the Jacobs Landing commercial subdivision, subject to restrictive covenants recorded in May 1997 to ensure uniform development. The property's APN is 08-03-06-0-000-003.015. The asking price is $82,800. Further details are available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.