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    Huntsville Warehouse and Storage Buildings Title is generated by Realmo AI

    11261 Memorial Pkwy Se, Huntsville, AL 35803

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    For Sale
    $1,360,000

    Two buildings in S. Huntsville: warehouse/office and storage.

    Type:Business Opportunity
    Property size:
    7,500 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $181/SF
    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

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    Russ Russell
    Russ Russell

    Listing office Russ Russell Real Estate

    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

    Two multi-purpose buildings are available for sale in South Huntsville, situated on the Parkway. The property includes a warehouse featuring 2,400 square feet of heated and cooled office space, along with 7,500 square feet of warehouse space. This warehouse is equipped with four overhead doors, two of which measure 17 feet in height. Additionally, there is a smaller cinder block building on the premises, providing 2,400 square feet of storage space. The property is fenced at the rear and includes both paved and graveled areas. It is located in a well-established, high-traffic area.

    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
    7,500 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $1.15M
    $1.01M – $1.35M (±1% cap)
    NOI $80,730 @ 7.0% cap · market cap 5.94%
    Second Best
    Warehouse
    $771.0K
    $674.6K – $899.5K (±1% cap)
    NOI $53,967 @ 7.0% cap · market cap 3.97%
    Theoretical Best
    Office A
    $1.95M
    $1.71M – $2.28M (±1% cap)
    NOI $136,710 @ 7.0% cap · market cap 10.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Hair Salon HVAC Service Nail Salon Big Box & Wholesale Store Auto Parts Store

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

    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

    FAQs

    What type of property is this?
    Warehouse - Two buildings in S. Huntsville: warehouse/office and storage.
    Where is this warehouse located?
    The property is located at 11261 Memorial Pkwy Se Huntsville, AL.
    What is the asking price?
    The asking price for this property is $1,360,000.
    What are key features of this property?
    This property features: 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.
    More about this property
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