Storefront Property with Rear
For Sale
$650,000
5978 Pulaski Pike NW, Huntsville, AL 35810
Business Opportunity, Huntsville, AL
Property Size4,075 SF
Lot Size0.81 Acres
Price / SF$159.51
Days on Market73
Property Features for 5978 Pulaski Pike NW
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business, Commercial
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bathroom 2, Bathroom 1, Bathroom 3
Subdivision
Metes And Bounds
Directions
From 231n: Left On 72/University, Right On Pulaski Pike, Go About 4 Miles, Property Is On Left.
Standard status
Active
APN
1402103002066001
Size
4,075 SF
Lot size
0.81 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1999
Floors in Building
1
Flooring type
Brick
Listing Agency:
Kendall James Realty · EXIT Realty
(256) 713-0400
Listed By:
Alisicia Adams · License #106270
(205) 903-6501
Added: Jun 24
Changed: Sep 4
Last Checked: Sep 4 at 4:06PM
MLS# 21914171
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.
Investment Insights
Based on property information with market context.
This storefront property includes a 4,075-square-foot main building with brick flooring and a separate rear prefab structure. The primary building previously served salon and retail functions, with office and boutique use identified for the space. The rear building was formerly used as a church and provides additional enclosed area.
The property encompasses 0.81 acres at 5978 Pulaski Pike NW in Huntsville, Alabama. Public water and public sewer serve the site, and the improvements were built in 1999. The room listing includes Bathroom 1, Bathroom 2, and Bathroom 3, along with a basement.
The property encompasses 0.81 acres at 5978 Pulaski Pike NW in Huntsville, Alabama. Public water and public sewer serve the site, and the improvements were built in 1999. The room listing includes Bathroom 1, Bathroom 2, and Bathroom 3, along with a basement.
Key Highlights
- 4,075 square feet of main‑building space
- 0.81‑acre commercial property
- Rear prefab building formerly used as a church
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,805
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$996,100
$996.1K
Cap Rate 7%
$711,500
$711.5K
Cap Rate 9%
$553,389
$553.4K
Market Conditions
NOI Build-Up for 4,075 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$73.4K $18.00/SF
− Vacancy
−$2.2K −$0.54/SF
EGI
$71.1K $17.46/SF
− OpEx
−$21.3K −$5.24/SF
NOI
$49.8K $12.22/SF
Area
Huntsville, AL
Vacancy
3.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$996,100
Cap Rate 7%
$711,500
Cap Rate 9%
$553,389
Alternative Uses
Best Use
Retail
$711.5K
$622.6K – $830.1K
NOI $49,805 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$928.5K – $1.24M
NOI $74,279 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Exxon
Shops & Services
8,026 visits/mo
0.0 miles
Dollar General
Shops & Services
7,188 visits/mo
0.1 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Brick-finished commercial improvements include a main structure and separate rear prefab building.
Where is this storefront property located?
The property is located at 5978 Pulaski Pike NW Huntsville, AL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 4,075 square feet of main‑building space; 0.81‑acre commercial property; Rear prefab building formerly used as a church
