Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1010 Heathland Dr Huntsville, AL 35816

    View on Map
    Sponsored
    For Sale
    $3,120,000

    COMMERCIAL - Huntsville, AL

    Property size:
    6,500 SF
    Lot size:
    1.41 Acres
    Days on Market:
    47
    Last Refresh:
    Mar 20 at 3:06 pm

    Property Features for 1010 Heathland Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1409322000009000
    Size
    6,500 SF
    Lot size
    1.41 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete, Tile, Carpet

    We can help!

    Listing Contact
    Cleo Smith

    Capstone Realty

    Listing agent Cleo Smith License #111047

    Listing date Feb 1, 2026

    MLS# 1828922

    Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Huntsville Commercial Property Near MidCity

    This 6,500 square foot commercial property is located one block from MidCity Huntsville. The property offers opportunities for use as a restaurant, event space, lounge, or bar. It includes two large office spaces, storage, and parking. The property also features a full commercial kitchen with a walk-in freezer. The lot size is 1.41 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    4th Quarter REVAMP Bar & Pub

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.660556
    Latitude
    34.741201

    Nearby Similar for Sale

    • $465,000
      2,500 SF

      Huntsville Class A Office Space

      Class A office complex in Huntsville's Central Business District.
      303 SW Williams Ave SW, Huntsville, AL 35801
      View Details
    • $825,000
      7,740 SF

      Huntsville Retail or Office Space

      Retail or office space near downtown with high traffic count.
      1847 University Dr, Huntsville, AL 35801
      View Details
    • $449,900
      1,560 SF

      Huntsville Commercial Corner Lot

      Corner lot near Stovehouse, suitable for office or service shop.
      200 8Th St NW, Huntsville, AL 35805
      View Details
    • $400,000
      2,519 SF

      Turnkey Gas Station Business Opportunity

      Profitable, ready-to-run gas station and C-store business for sale.
      13001 Memorial Pkwy S, Huntsville, AL 35803
      View Details
    • $390,000
      1,680 SF

      Huntsville Office Building For Sale

      Updated office building with high visibility and ample parking.
      2515 Washington St, Huntsville, AL 35811
      View Details
    • New
      $3,590,000
      32,933 SF

      Unique Huntsville Commercial Building For Sale

      Versatile 32,933 SF building suitable for diverse uses.
      1435 Paramount Dr, Huntsville, AL 35806
      View Details
    • $619,500
      7,545 SF

      Huntsville Office Building For Sale

      Value-add office building with convenient access to Interstate 565.
      8213 Stephanie Dr S, Huntsville, AL 35803
      View Details
    • $1,360,000
      7,500 SF

      Huntsville Commercial Property on Parkway

      Multi-purpose buildings with warehouse and office space for sale.
      11261 Memorial Pkwy S, Huntsville, AL 35803
      View Details
    • $995,000
      2,400 SF

      Huntsville Commercial Property with Business

      Profitable business and real estate opportunity in Huntsville, Alabama.
      8220 Stephanie Dr, Huntsville, AL 35802
      View Details
    • Contact for pricing
      9,000 SF

      Huntsville Commercial Office Space

      Newly renovated office space perfect for small professional services.
      117 Wholesale Ave NE, Huntsville, AL 35811
      View Details
    • $399,000
      1,740 SF

      Huntsville Commercial Property For Sale

      Two buildings on one lot near downtown Huntsville, Alabama.
      2519 Washington St, Huntsville, AL 35811
      View Details
    • $489,900
      2,900 SF

      Huntsville Investment Property For Sale

      Five-unit multifamily property with strong rental history and convenient location.
      907 Stevens Ct NE, Huntsville, AL 35801
      View Details

    FAQs

    What type of property is this?
    Restaurant - 6,500 SF commercial property near MidCity Huntsville.
    Where is this restaurant located?
    The property is located at 1010 Heathland Dr Huntsville, AL.
    What is the asking price?
    The asking price for this property is $3,120,000.
    What are key features of this property?
    This property features: - Prime location: just 1 block from Mid City Huntsville.; - Large 6,500 sq ft commercial space.; - Full commercial kitchen with walk-in freezer.
    (256) 270-3626
    Request Owner's contact information
    1010 Heathland Dr Huntsville, AL 35816
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1010 Heathland Dr
    Huntsville, AL 35816
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1010 Heathland Dr Huntsville, AL 35816
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Cleo Smith
    Real Estate License ID: 111047
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!