Industrial Warehouse with High-Bay
1862 Sparkman Drive Northwest, Huntsville, AL 35816
For Sale
Contact for pricing
Office and warehouse areas support administrative work and loading operations, with direct access for full-length semi-trucks.
Property Size21,432 SF
Price / SF$104.98
Days on Market50
Property Features for 1862 Sparkman Drive Northwest
General Information
Standard status
Size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Warehouse Space
Office Build-Out
Dock-High Doors
Drive-In Doors
Sprinkler System
Additional Details
Highway Access
Amenities
conference room
break room
EV fast-charging connections
Building Details
Building Size
Listing Agency:
Freedom Real Estate and Capital LLC.
Listed By:
Alex Hardy · License AL #107856
(256) 337-9133
Source:
Crexi
Added: Sep 23
Changed: Nov 11
Last Checked: Nov 10 at 5:53AM
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 Freedom Real Estate and Capital LLC.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 21,432-square-foot industrial property combines 17,000 square feet of high-bay warehouse space with 4,400 square feet of office area. The warehouse has 20-foot clear height, two drive-in doors, two dock-high doors, sealed concrete floors, heating, ventilation, and fire sprinklers. Office improvements include nine executive offices, a conference room, a break room, restrooms, LVP flooring, and painted walls and trim. Storage areas are distributed across both sections.
Zoned Light Industry, the property accommodates loading by full-length semi-trucks. It is near the Highway 53 intersection and just north of Highway 72, with UAH, Research Park, and Redstone Arsenal’s Gate 9 entrance a short drive away. The site also has employee parking and connections for EV fast-charging.
Zoned Light Industry, the property accommodates loading by full-length semi-trucks. It is near the Highway 53 intersection and just north of Highway 72, with UAH, Research Park, and Redstone Arsenal’s Gate 9 entrance a short drive away. The site also has employee parking and connections for EV fast-charging.
Key Highlights
- 21,432 SF total, including 17,000 SF of high‑bay warehouse and 4,400 SF of office space
- 20FT clear height with 2 drive‑in doors and 2 dock‑high doors
- Heated, ventilated, sprinklered warehouse with sealed concrete floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$154,216
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,084,320
$3.1M
Cap Rate 7%
$2,203,086
$2.2M
Cap Rate 9%
$1,713,511
$1.7M
Market Conditions
NOI Build-Up for 21,432 SF
Gross rent
$192.9K $9.00/SF
− Vacancy
−$11.5K −$0.53/SF
EGI
$181.4K $8.47/SF
− OpEx
−$27.2K −$1.27/SF
NOI
$154.2K $7.20/SF
Area
Huntsville, AL
Vacancy
5.94%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,084,320
Cap Rate 7%
$2,203,086
Cap Rate 9%
$1,713,511
Alternative Uses
Best Use
Warehouse
$2.20M
$1.93M – $2.57M
NOI $154,216 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.58M
$4.88M – $6.51M
NOI $390,662 @ 7.0% cap · market cap 17.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
20 ft
Clear height
2
Dock-high doors
2
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 35816, AL
15,035
Population
7,972
Households
1.9
Avg Household Size
28
Median Age
27%
College-Educated
88%
High-School Grad
5.1 sq mi
ZIP Area
2,948
Density / Sq Mi
$38,947
Median Household Income
$28,060
Median Earnings
$875
Median Rent
$114,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Huntsville, AL
Properties on Market for Warehouses in Huntsville
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Storage Buddy HSV — 1221 Retail Dr NW, Huntsville, AL 35816
- Dixie Moving & Storage Inc — 1220 Retail Dr NW, Huntsville, AL 35816
- Extra Space Storage — 1401 Jordan Ln NW, Huntsville, AL 35816
- Self-Storage at U-Haul — 1903 Sparkman Dr NW, Huntsville, AL 35816
Frequently Asked Questions
What type of property is this?
Warehouse - Office and warehouse areas support administrative work and loading operations, with direct access for full-length semi-trucks.
Where is this warehouse located?
The property is located at 1862 Sparkman Drive Northwest Huntsville, AL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 21,432 SF total, including 17,000 SF of high‑bay warehouse and 4,400 SF of office space; 20FT clear height with 2 drive‑in doors and 2 dock‑high doors; Heated, ventilated, sprinklered warehouse with sealed concrete floors
