Single-Family Home in
For Sale
$700,000
712 Pratt Avenue, Huntsville, AL 35801
Business Opportunity, Huntsville, AL
Property Size4,452 SF
Price / SF$157.23
Days on Market194
Property Features for 712 Pratt Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning description
Business, Commercial
Directions
Us-231 N To Oakwood Ave Ne. Take Exit 20 From I-565 E Take Andrew Jackson Way Ne To Pratt Ave Ne
Standard status
Active
Size
4,452 SF
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
1
Listing Agency:
Chapman Commercial Realty
(256) 715-8064
Listed By:
Bill Chapman · License #47305
(256) 656-8413
Added: Apr 18
Changed: Sep 21
Last Checked: Oct 28 at 8:06PM
MLS# 21915517
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-family property is offered for sale at 712 Pratt Avenue in Huntsville, Alabama. The listing is categorized as a single-family residence, with a reported total size of 4,452 square feet.
The property is located in Madison County and uses the Huntsville postal code 35801.
Additional property features, layout details, and interior or exterior condition information are not included in the provided listing data.
The property is located in Madison County and uses the Huntsville postal code 35801.
Additional property features, layout details, and interior or exterior condition information are not included in the provided listing data.
Key Highlights
- Public water service available
- Public sewer available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,121
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,420
$562.4K
Cap Rate 7%
$401,729
$401.7K
Cap Rate 9%
$312,456
$312.5K
Market Conditions
NOI Build-Up for 4,452 SF
Gross rent
$62.5K $14.04/SF
− Vacancy
−$11.4K −$2.56/SF
EGI
$51.1K $11.48/SF
− OpEx
−$23.0K −$5.17/SF
NOI
$28.1K $6.32/SF
Area
Huntsville, AL
Vacancy
18.20%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,420
Cap Rate 7%
$401,729
Cap Rate 9%
$312,456
Alternative Uses
Best Use
Apartment 5plus
$401.7K
$351.5K – $468.7K
NOI $28,121 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $81,151 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,633
Businesses Nearby
Explore this area
Business Placement
Demographics for 35801, AL
22,539
Population
11,225
Households
2
Avg Household Size
43
Median Age
55%
College-Educated
90%
High-School Grad
13.8 sq mi
ZIP Area
1,633
Density / Sq Mi
$103,125
Median Household Income
$60,370
Median Earnings
$1,130
Median Rent
$399,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Single family property - Single-family property for sale at 712 Pratt Avenue in Huntsville, Alabama.
Where is this single family property located?
The property is located at 712 Pratt Avenue Huntsville, AL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Public water service available; Public sewer available
