Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    66 Ledge View Dr SE Huntsville, AL 35802

    Sponsored
    For Sale
    $580,000

    LOT - Huntsville, AL

    Lot size:
    0.24 Acres
    Days on Market:
    198
    Last Refresh:
    Jan 29 at 2:06 am

    Property Features for 66 Ledge View Dr SE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1805220000010031
    Lot size
    0.24 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Alison Haines

    Matt Curtis Real Estate, Inc (256) 425-4955

    Listing agent Alison Haines (256) 270-9393

    Listing date Jul 16, 2025

    MLS# 21894286 Listing URL

    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

    Corner Lot in The Ledges

    This corner lot is located in The Ledges, situated atop the highest point in Huntsville. The Ledges features a 36,000 square foot clubhouse, a full-service, family-oriented private club, and an award-winning 18-hole championship golf course. The lot is primed and ready for construction with minimal preparation required. The lot size is 0.24 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel Accounting Firm Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.51698
    Latitude
    34.675668

    Nearby Similar for Sale

    • $3,750,000
      23,700 SF

      Unique Building in West Huntsville

      Versatile 23,700 SF building suitable for diverse uses.
      1435 Paramount Dr, Huntsville, AL 35806
      View Details
    • $995,000
      0.27 Acres

      Huntsville Commercial Property with Businesses

      Profitable business and real estate opportunity in Huntsville, Alabama.
      8220 Stephanie Dr, Huntsville, AL 35802
      View Details
    • $265,000

      Huntsville Duplex in Five Points

      Well-maintained duplex in Huntsville's sought-after Five Points area.
      204 Beirne Ave NE, Huntsville, AL 35801
      View Details
    • New
      $899,900

      Huntsville Multifamily Investment Opportunity

      Nine-unit condo complex near Whitesburg, Grissom school zones.
      2225 Golf Rd, Huntsville, AL 35802
      View Details
    • $354,900

      Huntsville Commercial Property For Sale

      Two buildings with C-1 zoning, circa 1905 and 1950.
      702&702-1/2 Mckinley Ave, Huntsville, AL 35801
      View Details
    • $289,900
      0.43 Acres

      Renovated Office and Warehouse Space

      Fully renovated office and warehouse in Huntsville, Alabama.
      1916 Jordan Ln, Huntsville, AL 35816
      View Details
    • $2,200,000
      0.24 Acres

      Historic Huntsville Apartments For Sale

      Antebellum home converted to modern apartments in historic district.
      207 Lincoln St NE, Huntsville, AL 35801
      View Details
    • New
      $449,900
      1,850 SF

      Huntsville Corner Lot Opportunity

      Corner lot near Stovehouse, suitable for office or service shop.
      200 8Th St NW, Huntsville, AL 35805
      View Details
    • $395,000
      2.12 Acres

      Huntsville Medical Office For Sale

      Medical office space for sale near Crestwood Medical Center.
      333 Whitesport Dr, Huntsville, AL 35801
      View Details
    • $695,000
      0.33 Acres

      Updated South Huntsville Fourplex

      Fully updated fourplex in South Huntsville with spacious units.
      9011 Mahogany Row, Huntsville, AL 35802
      View Details
    • Contact for pricing
      0.31 Acres

      Huntsville Office Building For Lease

      Stand-alone brick office building available for lease in Huntsville.
      929 Merchants Walk, Huntsville, AL 35801
      View Details
    • $895,000
      1.61 Acres

      Huntsville Commercial Building For Sale

      7,200 SF commercial building with warehouse and retail/office space.
      2733 University Dr, Huntsville, AL 35816
      View Details

    FAQs

    What type of property is this?
    Land - Corner lot ready for construction in The Ledges.
    Where is this land located?
    The property is located at 66 Ledge View Dr SE Huntsville, AL.
    What is the asking price?
    The asking price for this property is $580,000.
    What are key features of this property?
    This property features: - Rare corner lot opportunity in The Ledges.; - Located at the highest point in Huntsville.; - Minimal preparation required for construction.
    (256) 425-4955
    Request Owner's contact information
    66 Ledge View Dr SE Huntsville, AL 35802
    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.
    66 Ledge View Dr SE
    Huntsville, AL 35802
    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
    66 Ledge View Dr SE Huntsville, AL 35802
    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
    Alison Haines
    (256) 425-4955
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.