Huntsville Commercial Corner
200 8th Street NW Huntsville, AL 35805
200 8th Street NW, Huntsville, AL, 35805
$449,900
For Sale
$449,900
COMMERCIAL - Huntsville, AL
Property Size1,560 SF
Lot Size0.20 Acres
Price / SF$288.40
Days on Market109
Property Features for 200 8th Street NW
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- APN
- 1702031004055.000
- Size
- 1,560 SF
- Lot size
- 0.20 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete, Wood
Listing Agency
Van Valkenburgh & Wilkinson Pr
(256) 539-0505
204 Gates Avenue, Huntsville, AL
Listed by
Julie Lockwood · License #42893
(256) 797-4028
Added: Mar 31 Checked: Jul 17 at 12:06 am
MLS# 21899841
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Investment Insights
Based on property information with market context.
This corner lot is suitable for a general office or service shop and is located in the heart of the Stovehouse area. The property is centrally located with easy access from Governors Drive or Triana. It features a small house attached to a larger garage area with multiple bays. The building has approximately 1850 square feet. The cottage provides office space and a small bath. The property is located in Huntsville, AL, with easy access to Downtown Huntsville, Campus 805, Stovehouse, West Huntsville, and 565 to Research Park. The lot size is 0.2 acres and the property size is 1560 square feet.
Key Highlights
- Prime Location: In the heart of the Stovehouse area, bridging Downtown Huntsville, Campus 805, Stovehouse, West Huntsville, & 565 to Research Park.
- Corner Lot: Offers increased visibility and accessibility.
- Versatile Space: Suitable for a general office or service shop.
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 | $31.3k | $20.04 |
| − Vacancy | −$4.7k | −$3.01 |
| EGI | $26.6k | $17.03 |
| − OpEx | −$6.6k | −$4.26 |
| NOI | $19.9k | $12.78 |
1,560 SF · lease $20.04/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$284.7K
$249.1K – $332.2K
NOI $19,930 @ 7.0% cap · market cap 4.43%
Second Best
Retail
$272.4K
$238.3K – $317.8K
NOI $19,066 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$406.2K
$355.5K – $473.9K
NOI $28,436 @ 7.0% cap · market cap 6.32%
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 - Corner lot near Stovehouse, suitable for office or service shop.
Where is this office units located?
The property is located at 200 8th Street NW 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, bridging Downtown Huntsville, Campus 805, Stovehouse, West Huntsville, & 565 to Research Park.; Corner Lot: Offers increased visibility and accessibility.; Versatile Space: Suitable for a general office or service shop.
