Neighborhood Shopping
For Sale
$1,800,000
2501 Oakwood Avenue NW, Huntsville, AL 35810
MULTI_FAMILY - Huntsville, AL
Property Size19,683 SF
Lot Size2.20 Acres
Price / SF$91.45
Days on Market53
Property Features for 2501 Oakwood Avenue NW
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Business
Parking features
Parking Lot
Directions
North On Memorial Parkway, Take Oakwood Avenue Exit And Turn Left On Oakwood Avenue, The Retail Center Will Be On The Left Just Before Corner Of Oakwood Avenue And Pulaski Pike.
Standard status
Active
Size
19,683 SF
Lot size
2.20 Acres
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete
Listing Agency:
Capstone Realty
(256) 382-7300
Listed By:
Phillip Drummond · License #95108
(256) 656-2343
Added: Jun 11
Last Checked: Aug 2 at 1:06AM
MLS# 21920396
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Investment Insights
Based on property information with market context.
An established neighborhood retail shopping center is offered for sale at 2501 Oakwood Avenue NW in Huntsville, Alabama. The property totals 19,683 square feet and sits on approximately 2.2 acres. Current operating performance is reported at approximately $151,869 in NOI, reflecting an 8.4% cap rate.
The center is described as benefiting from visibility and steady daily traffic generated by dense surrounding residential and community uses. The current rent profile is noted as being below market in many units, which the seller characterizes as creating immediate value-add opportunity for a new owner.
This asset is positioned for long-term demand with convenient access to Memorial Parkway, University Drive, and downtown Huntsville, according to the provided remarks.
The center is described as benefiting from visibility and steady daily traffic generated by dense surrounding residential and community uses. The current rent profile is noted as being below market in many units, which the seller characterizes as creating immediate value-add opportunity for a new owner.
This asset is positioned for long-term demand with convenient access to Memorial Parkway, University Drive, and downtown Huntsville, according to the provided remarks.
Key Highlights
- 19,683 SF retail center in a prime neighborhood on Oakwood Ave
- Current NOI is approximately $151,869, reflecting an 8.4% cap rate
- Many existing rents are below market, offering value‑add potential for a new owner
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
634
Businesses Nearby
197k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 45%
Groceries 19%
Dining 11%
Home Improvements & Furnishings 10%
Costco Wholesale
Superstores
89,377 visits/mo
0.4 miles
Kroger
Groceries
37,199 visits/mo
0.3 miles
At Home
Home Improvements & Furnishings
19,380 visits/mo
0.3 miles
Five Guys
Dining
11,420 visits/mo
0.4 miles
Dunkin' Donuts
Dining
10,284 visits/mo
0.5 miles
Demographics for 35810, AL
29,976
Population
13,283
Households
2.3
Avg Household Size
38
Median Age
24%
College-Educated
85%
High-School Grad
28.1 sq mi
ZIP Area
1,067
Density / Sq Mi
$46,963
Median Household Income
$31,080
Median Earnings
$1,097
Median Rent
$126,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - For sale 19,683 SF neighborhood retail center on 2.2 acres with reported NOI of approximately $151,869.
Where is this shopping center located?
The property is located at 2501 Oakwood Avenue NW Huntsville, AL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 19,683 SF retail center in a prime neighborhood on Oakwood Ave; Current NOI is approximately $151,869, reflecting an 8.4% cap rate; Many existing rents are below market, offering value‑add potential for a new owner
