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    587 Hwy 31st NW Hartselle, AL 35640-4479
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    Property profile & analytics

    587 Hwy 31st NW, Hartselle, AL 35640-4479

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    • Retail space
    • 9,600 SF
    • 1.12 lot acres
    Off-Market
    Last Sale Dec 31, 2025
    $1,125,000
    Property ID
    US03-1538026
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,125,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by 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

    Property Details for 587 Hwy 31st NW

    Year built
    2000
    Construction
    WOOD
    Lot size
    1.12 lot acres
    Property type
    Retail space
    APN
    15-02-10-3-005-002.002
    APU
    1502103005002002

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,325,000
      6.5%
      $1,220,000
      7%
      $1,135,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,475,000
      Market price range: $436k - $1.48M
      AI Estimate
      $1,034,000
      Market price range: $314k - $1.03M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,000,000
      Current use
      COMMERCIAL (GENERAL)
      $920,000
      Change: -8% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Hartselle
    County
    Morgan
    State
    Alabama
    Longitude
    -86.9444
    Latitude
    34.4456
    CBSA code
    19460
    CBSA name
    DECATUR, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,614
    $48,240
    $195,780
    $244,020
    -
    $241,200
    $978,900
    $1,220,100
    More about this property
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