Corner Lot Near
200 8th NW Street Huntsville, AL 35805
200 8th NW Street, Huntsville, AL, 35805
$449,900
For Sale
$449,900
Office or service shop in the heart of Stovehouse area.
Property Size1,850 SF
Price / SF$243.19
Days on Market298
Property Features for 200 8th NW Street
General Information
- Standard status
- Active
- Size
- 1,850 SF
- Property subtype
- Commercial/Industrial
Listing Agency
Van Valkenburgh & Wilkinson Pr
(256) 797-4028
Listed by
Julie Lockwood · License #42893
(256) 797-4028
Source
Exitrealty
Added: Sep 23, 2025 Checked: Jul 17 at 3:46 am
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 Van Valkenburgh & Wilkinson Pr
Investment Insights
Based on property information with market context.
This corner lot is located in the heart of the Stovehouse area and is suitable for a general office or service shop. The location provides easy access from Governors Drive or Triana. The property includes a small house attached to a larger garage area with multiple bays, totaling approximately 1850 square feet. The cottage provides office space and a small bath. The property is centrally located, bridging Downtown Huntsville, Campus 805, Stovehouse, West Huntsville, and 565 to Research Park.
Key Highlights
- Prime location in the heart of the Stovehouse area.
- Versatile property suitable for general office or service shop.
- Easy access from Governors Drive or Triana.
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 | $37.1k | $20.04 |
| − Vacancy | −$5.6k | −$3.01 |
| EGI | $31.5k | $17.03 |
| − OpEx | −$7.9k | −$4.26 |
| NOI | $23.6k | $12.78 |
1,850 SF · lease $20.04/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$337.6K
$295.4K – $393.9K
NOI $23,635 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$481.7K
$421.5K – $562.0K
NOI $33,722 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office or service shop in the heart of Stovehouse area.
Where is this office units located?
The property is located at 200 8th NW Street Huntsville, AL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Prime location in the heart of the Stovehouse area.; Versatile property suitable for general office or service shop.; Easy access from Governors Drive or Triana.
