11261 Memorial Pkwy Se, Huntsville, AL 35803
Two buildings in S. Huntsville: warehouse/office and storage.
- Added:
- Apr 9, 2025
- Days on Market:
- 457
- Last Refresh:
- Jun 29 at 12:49 am
Property Features for 11261 Memorial Pkwy Se
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Lot size
- 1.00 Acre
- Property subtype
- Business Opportunity
Listing office Russ Russell Real Estate (256) 527-7777
Listing date Apr 9, 2025
Source Exprealty
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 Russ Russell Real Estate
HighLights
- Two multi‑purpose buildings in a high‑traffic S. Huntsville location on the Parkway.
- Large 7,500 sqft warehouse space with four overhead doors, including two 17ft doors.
- 2,400 sqft of heated and cooled office space within the main warehouse.
- Additional 2,400 sqft cinder block building for storage.
- Warehouse includes 2,400 sqft of warehouse space.
- Property features rear fencing, paved and graveled areas.
Overview
Local Financial Insights For Flex RnD
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 | $135.0k | $18.00 |
| − Vacancy | −$10.8k | −$1.44 |
| EGI | $124.2k | $16.56 |
| − OpEx | −$43.5k | −$5.80 |
| NOI | $80.7k | $10.76 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Komzen — 11199 S Memorial Pkwy, Huntsville, AL 35803
- CubeSmart Self Storage — 11202 Memorial Pkwy SW, Huntsville, AL 35803
- Parkway Mini Storage — 10095 Memorial Pkwy SW, Huntsville, AL 35803
- Near2Me Storage Units — 11701 s memorial pkwy, huntsville, al 35803
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.5659912
- Latitude
- 34.6353229