Retail
For Sale
Contact for pricing
10017 Memorial Parkway Southwest, Huntsville, AL 35803
The 9,004-square-foot footprint provides a sizable commercial interior.
Property Size9,004 SF
Price / SF$249.89
Days on Market24
Property Features for 10017 Memorial Parkway Southwest
General Information
Standard status
Active
Size
9,004 SF
Property subtype
Retail
Listing Agency:
Park Real Estate
Listed By:
Hong Park · License #AL 000040929
(256) 533-6700
Source:
Crexi
Added: Sep 22
Changed: Oct 8
Last Checked: Oct 14 at 8:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Park Real Estate
Investment Insights
Based on property information with market context.
This retail property contains 9,004 square feet at 14059 Memorial Parkway Southwest in Huntsville, Alabama. The available information identifies the asset as retail space.
Key Highlights
- 9,004 SF of retail space
- Located at 14059 Memorial Parkway Southwest, Huntsville, AL 35803
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,047
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,200,940
$2.2M
Cap Rate 7%
$1,572,100
$1.6M
Cap Rate 9%
$1,222,744
$1.2M
Market Conditions
NOI Build-Up for 9,004 SF
Gross rent
$162.1K $18.00/SF
− Vacancy
−$4.9K −$0.54/SF
EGI
$157.2K $17.46/SF
− OpEx
−$47.2K −$5.24/SF
NOI
$110.0K $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 Rate 5%
$2,200,940
Cap Rate 7%
$1,572,100
Cap Rate 9%
$1,222,744
Alternative Uses
Best Use
Retail
$1.57M
$1.38M – $1.83M
NOI $110,047 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.34M
$2.05M – $2.74M
NOI $164,125 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
327k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 25%
Superstores 23%
Home Improvements & Furnishings 19%
Shops & Services 18%
Sam's Club
Superstores
76,029 visits/mo
0.3 miles
Publix
Groceries
34,081 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
30,844 visits/mo
0.1 miles
The Home Depot
Home Improvements & Furnishings
30,775 visits/mo
0.1 miles
McDonald's
Dining
25,301 visits/mo
0.1 miles
Demographics for 35803, AL
29,001
Population
13,272
Households
2.2
Avg Household Size
43
Median Age
54%
College-Educated
96%
High-School Grad
49.2 sq mi
ZIP Area
589
Density / Sq Mi
$95,182
Median Household Income
$53,416
Median Earnings
$1,221
Median Rent
$259,100
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?
Retail space - The 9,004-square-foot footprint provides a sizable commercial interior.
Where is this retail space located?
The property is located at 10017 Memorial Parkway Southwest Huntsville, AL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 9,004 SF of retail space; Located at 14059 Memorial Parkway Southwest, Huntsville, AL 35803
