South Huntsville Commercial Building For
12519 South Memorial Parkway, Huntsville, AL 35803
10,672 SF commercial building with office and warehouse space.
Type:Commercial/Industrial
Property size:
10,672 SFPrice / SF:
$187/SF- Added:
- Jun 12, 2025
- Days on Market:
- 356
- Last Refresh:
- Apr 7 at 11:31 pm
Property Features for 12519 South Memorial Parkway
General Information
- Standard status
- Active
- Size
- 10,672 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1943
Listing agent Russ Russell License #25965 (256) 527-7777
Listing office Russ Russell Real Estate (256) 527-7777
Listing date Jun 12, 2025
Source Exitrealty
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
- 10,672SF Commercial Building offering flexibility for various business needs.
- Includes 5,000SF Office Space and 5,672SF Warehouse Space.
- Located in growing South Huntsville.
- Features 12ft. ceilings.
- Includes 4 Restrooms.
- Equipped with an 8 ft. overhead door.
Overview
This 10,672 square foot commercial building is located in the growing South Huntsville area. The property features 5,000 square feet of office space and 5,672 square feet of warehouse space. The warehouse area includes an 8-foot overhead door and 12-foot ceilings. The building contains four restrooms. An additional two-story storage building is located at the rear of the property. This storage building is not connected to the power supply and is included at no value.
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 |
10,672 SF · lease $20.04/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.95M
$1.70M – $2.27M
NOI $136,340 @ 7.0% cap · market cap 6.82%
Second Best
Flex RnD
$1.64M
$1.44M – $1.91M
NOI $114,873 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$2.78M
$2.43M – $3.24M
NOI $194,529 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Moose Trading and Machinery ...
Factory
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.5635496
- Latitude
- 34.6055058
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 10,672 SF commercial building with office and warehouse space.
Where is this flex space located?
The property is located at 12519 South Memorial Parkway Huntsville, AL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 10,672SF Commercial Building offering flexibility for various business needs.; Includes 5,000SF Office Space and 5,672SF Warehouse Space.; Located in growing South Huntsville.
