Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Kelly Cemetery Rd Huntsville, AL 35810

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,171,029

    8.81 acres in North West Huntsville near future PGA Resort.

    Lot size:
    3.67 Acres

    Property Features for Kelly Cemetery Rd

    General Information

    Lot size
    3.67 Acres

    We can help!

    Listing Contact
    Jim Smoot
    Source: Moodyscre

    Listing Agent: Jim Smoot

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Huntsville Land Parcel For Sale

    Available for sale are two parcels of land totaling approximately 8.81 acres. The property is located in North West Huntsville, at the corner of Hwy 255 and Kelly Cemetery Road. The site is approximately 3 miles from the proposed new PGA Golf Resort.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.644202
    Latitude
    34.811463

    Nearby Similar for Sale

    • $2,200,000
      0.24 Acres

      Historic Huntsville Apartments For Sale

      Antebellum home converted to modern apartments in historic district.
      207 Lincoln St NE, Huntsville, AL 35801
      View Details
    • $609,000
      0.23 Acres

      Huntsville Warehouse For Sale

      Warehouse property available in Huntsville, Alabama.
      12310 Memorial Pkwy South, Huntsville, AL 35803
      View Details
    • $540,000
      0.24 Acres

      Huntsville Apartment Near Downtown

      Apartment building in excellent location, minutes from Downtown Huntsville.
      1504 Oakwood Ave NE, Huntsville, AL 35811
      View Details
    • Contact for pricing
      112,935 SF

      Luxury Apartments in Lincoln Mill District

      Newly built luxury apartment community in Huntsville's up-and-coming Lincoln Mill.
      415 Halsey Ave NE, Huntsville, AL 35801
      View Details
    • Contact for pricing
      43,670 SF

      Historic Yarbrough Office Building

      Boutique office building in downtown Huntsville Entertainment District.
      120 E Holmes Ave, Huntsville, AL 35801
      View Details
    • Contact for pricing
      16,400 SF

      Huntsville Multifamily Investment Opportunity

      21-unit apartment community in Southwest Huntsville with growth potential.
      4041 Knight Rd, Huntsville, AL 35805
      View Details
    • Contact for pricing
      45,000 SF

      Technology Drive Office/Lab Space

      Contiguous office and lab space in Huntsville's Research Park.
      6000 Technology Dr NW, Huntsville, AL 35805
      View Details
    • Contact for pricing

      Cummings Research Park Headquarters Facility

      Move-in ready Class A corporate environment in Huntsville's innovation corridor.
      907 Explorer Blvd NW, Huntsville, AL 35806
      View Details
    • New
      $600,000
      4,932 SF

      Huntsville Townhouse Style Fourplex

      Fourplex in Huntsville with three-bedroom and two-bedroom units.
      9008 Mahogany Row SE, Huntsville, AL 35802
      View Details
    • $520,000
      3,100 SF

      Huntsville Multifamily Investment Opportunity

      Four-unit multiplex in Huntsville's Five Points District.
      1332 Oshaughnessy Ave NE, Huntsville, AL 35801
      View Details
    • $354,900
      1,550 SF

      Huntsville Mixed-Use Investment Opportunity

      Two C-1 Zoned properties with income potential near downtown.
      702&702-1/2 Mckinley Ave, Huntsville, AL 35801
      View Details
    • $800,000
      4,000 SF

      Huntsville Commercial Building with Suites

      Class A building featuring four suites on 1.29 acres.
      2055 Blue Spring Rd NW, Huntsville, AL 35810
      View Details

    FAQs

    What type of property is this?
    Land - 8.81 acres in North West Huntsville near future PGA Resort.
    Where is this land located?
    The property is located at Kelly Cemetery Rd Huntsville, AL.
    What is the asking price?
    The asking price for this property is $2,171,029.
    What are key features of this property?
    This property features: - 8.81 acres for sale.; - Located in North West Huntsville.; - Corner of Hwy 255 & Kelly Cemetery Road.
    (256) 533-0003
    Request Owner's contact information
    Kelly Cemetery Rd Huntsville, AL 35810
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Kelly Cemetery Rd
    Huntsville, AL 35810
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Kelly Cemetery Rd Huntsville, AL 35810
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jim Smoot
    (256) 533-0003
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.