12519 S Memorial Parkway, Huntsville, AL 35803
COMMERCIAL - Huntsville, AL
- Added:
- Jun 24, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 24 at 9:06 pm
Property Features for 12519 S Memorial Parkway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 2304180001012.000
- Size
- 10,672 SF
- Lot size
- 0.87 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1943
- Floors in Building
- 1
- Flooring type
- Concrete
- Roof type
- Metal
Listing agent Russ Russell License #25965 (256) 527-7777
Listing office Russ Russell Real Estate 923-C Merchants Walk, Huntsville, AL (256) 536-7777
Listing date Jun 24, 2026
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 10,672 SF commercial building in South Huntsville with 5,000 SF office and 5,672 SF warehouse space
- 8 ft overhead door and 12 ft ceilings in the warehouse area
- Includes 4 restrooms (Bathrooms 1–4) for office/warehouse use
- Two‑story storage building at the rear remains at no value and is not connected to power supply
- Central heating and central air; concrete flooring throughout
- Public water and public sewer; metal roof; parking lot on site
Overview
Situated in growing South Huntsville, the property sits on a 0.87-acre lot. At the rear is an additional two-story storage building that is listed at no value and remains not connected to the power supply and is not connected to power.
The office-and-warehouse layout is well suited for tenants and owner-operators looking for a single building to support both administrative functions and operational space. The overhead door and ceiling height help accommodate routine warehouse activity, while the dedicated office area supports workflow separation. The supplemental rear storage building may provide added capacity for items not requiring electrical service, given its lack of power connection.
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 | $213.9k | $20.04 |
| − Vacancy | −$32.1k | −$3.01 |
| EGI | $181.8k | $17.03 |
| − OpEx | −$45.4k | −$4.26 |
| NOI | $136.3k | $12.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.563535
- Latitude
- 34.605495
