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Property profile & analytics
OFF-MARKET Estimated value $1,125,000
Retail space

587 Hwy 31st NW Hartselle, AL 35640-4479

9,600 SF 1.12 ac lot Built 2000
Entity Owned Free & Clear
Property ID
US03-1538026
Property summary
AI-generated overview

Hart Plaza Shopping Center offers a fantastic opportunity to lease office space in the thriving city of Hartselle, Alabama. Strategically located on Highway 31, this property boasts a total of 9,855 square feet of retail and office space, recently renovated in 2000. The building is zoned B-2, providing flexibility for a variety of commercial uses. Currently, there is 2,000 square feet of vacant space available, including one immediately available unit of 1,200 square feet. Units A, B, C, and E feature a desirable layout, combining open retail space with the convenience of a private office, ample storage, and restrooms. This property presents an excellent chance to establish a presence in a bustling commercial area, benefiting from high visibility and convenient access for customers and employees. The building's modern amenities and prime location make it an ideal choice for businesses seeking a well-maintained and strategically positioned office space in Hartselle. The cross street is Rooks Street, providing additional access and visibility. This is a multi-tenant building, offering a collaborative and dynamic work environment. Don't miss this chance to secure your ideal office space in Hartselle's vibrant commercial hub.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Construction WOOD
Total area 9,600 SF
Lot 1.12 ac (48,721 SF)
APN 15-02-10-3-005-002.002
UPID US03-1538026
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Papa John's Pizza Restaurant
  • Ki Wi Spa Alternative Medicine Practice Spa & Massage Center
  • Tech Medic Computer & Electronic Repair
  • LukaBell’s by WSP Clothing & Fashion Store
  • Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.22M
Comparable Approach Comparable
$1.48M
Blend (final) Blend
$1.13M
Owner & transaction history
Chapman LLC
Chapman LLC
since 2025
Last sale
$1.1M
3 recorded transactions
2025
$1.1M
2018
$900,000
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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