Office Building with Ample
1105 Jordan Lane Huntsville, AL 35816
1105 Jordan Lane, Huntsville, AL, 35816
$750,000
For Sale
$750,000
COMMERCIAL - Huntsville, AL
Property Size3,792 SF
Lot Size0.75 Acres
Price / SF$197.78
Days on Market187
Property Features for 1105 Jordan Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Driveway, Parking Lot
- Standard status
- Active
- APN
- 1408331002036.000
- Size
- 3,792 SF
- Lot size
- 0.75 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete
Listing Agency
Leading Edge, R.E. Group
(256) 489-2602
924 Merchants Walk, Huntsville, AL
Listed by
Oliner Bowers · License #89911
(256) 653-2517
Added: Jan 12 Checked: Jul 18 at 7:06 am
MLS# 21895153
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Investment Insights
Based on property information with market context.
This office building totals approximately 3,792 square feet and sits on about 0.75 acres. The interior offers a spacious layout, and the property includes ample parking to support everyday customer or employee access.
The building is located at 1105 Jordan Lane in Huntsville, Alabama, with road frontage on Jordan Lane. It is positioned in a high-traffic area, with convenient proximity to the intersection of University Dr/US HWY 72 and I565.
The site is also described as suitable for combination with the direct adjoining property at 1107 Jordan Lane, providing an option for an expanded assemblage if desired.
The building is located at 1105 Jordan Lane in Huntsville, Alabama, with road frontage on Jordan Lane. It is positioned in a high-traffic area, with convenient proximity to the intersection of University Dr/US HWY 72 and I565.
The site is also described as suitable for combination with the direct adjoining property at 1107 Jordan Lane, providing an option for an expanded assemblage if desired.
Key Highlights
- 0.75‑acre property with approx. 3,792 sq ft building
- Road frontage on Jordan Lane in a high‑traffic area with strong visibility
- Convenient access near the intersection of University Dr/US Hwy 72 and I‑565
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.0k | $20.04 |
| − Vacancy | −$11.4k | −$3.01 |
| EGI | $64.6k | $17.03 |
| − OpEx | −$16.1k | −$4.26 |
| NOI | $48.4k | $12.78 |
3,792 SF · lease $20.04/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$692.1K
$605.6K – $807.4K
NOI $48,445 @ 7.0% cap · market cap 6.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$987.4K
$864.0K – $1.15M
NOI $69,121 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Van Sherrill Martin ...
Pediatrician
Hammond Felicia
Employment Agency
Sherrill Used Cars
Car Dealership
Mr. Martin Sherrill
Pediatrician
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FAQs
What type of property is this?
Office building - Office building on 0.75 acres with approximately 3,792 SF and ample parking in a high-traffic area.
Where is this office building located?
The property is located at 1105 Jordan Lane Huntsville, AL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 0.75‑acre property with approx. 3,792 sq ft building; Road frontage on Jordan Lane in a high‑traffic area with strong visibility; Convenient access near the intersection of University Dr/US Hwy 72 and I‑565