Four-Suite Retail
For Sale
$750,000
2055 Blue Spring Road, Huntsville, AL 35810
Four distinct suites provide a mix of office, service, showroom, and storage space.
Property Size4,000 SF
Lot Size1.29 Acres
Price / SF$187.50
Days on Market176
Property Features for 2055 Blue Spring Road
General Information
Standard status
Active
Size
4,000 SF
Lot size
1.29 Acres
Property subtype
Retail
Additional Details
Tenant in Place
Yes
Building Details
Building Size
4,000 SF
Year Built
2008
Buildings
1
Tenancy
Multi
Listing Agency:
Green Real Estate
Listed By:
Bert Hubbell · License #105228
(256) 527-1996
Source:
Intownpartners
Added: May 8
Changed: Oct 27
Last Checked: Oct 27 at 3:11AM
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 Green Real Estate
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.
Built in 2008, this 4,000-square-foot retail building contains four suites on 1.29 acres. Suite A offers offices, a conference room, reception area, break room, and bathroom. Suite B is set up as a hair salon with wash bowls and a bathroom, while Suite C has laminate flooring, a bathroom, and a party-planning showroom layout. Suite D is used for storage and display and also has laminate flooring and a bathroom.
The property is located at 2055 Blue Spring Road in Huntsville, Alabama.
The property is located at 2055 Blue Spring Road in Huntsville, Alabama.
Key Highlights
- Four suites totaling 4,000 square feet
- 1.29‑acre property
- Suite A includes offices, conference room, reception, break room, and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,888
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,760
$977.8K
Cap Rate 7%
$698,400
$698.4K
Cap Rate 9%
$543,200
$543.2K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$72.0K $18.00/SF
− Vacancy
−$2.2K −$0.54/SF
EGI
$69.8K $17.46/SF
− OpEx
−$21.0K −$5.24/SF
NOI
$48.9K $12.22/SF
Area
Huntsville, AL
Vacancy
3.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,760
Cap Rate 7%
$698,400
Cap Rate 9%
$543,200
Alternative Uses
Best Use
Retail
$698.4K
$611.1K – $814.8K
NOI $48,888 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$911.4K – $1.22M
NOI $72,912 @ 7.0% cap · market cap 9.72%
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
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
76k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 49%
Home Improvements & Furnishings 25%
Shops & Services 25%
Electronics 1%
Kroger
Groceries
37,199 visits/mo
0.2 miles
At Home
Home Improvements & Furnishings
19,380 visits/mo
0.4 miles
Kroger Fuel Center
Shops & Services
8,980 visits/mo
0.2 miles
Chevron
Shops & Services
5,988 visits/mo
0.5 miles
PNC Bank
Shops & Services
2,352 visits/mo
0.5 miles
Demographics for 35810, AL
29,976
Population
13,283
Households
2.3
Avg Household Size
38
Median Age
24%
College-Educated
85%
High-School Grad
28.1 sq mi
ZIP Area
1,067
Density / Sq Mi
$46,963
Median Household Income
$31,080
Median Earnings
$1,097
Median Rent
$126,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Four distinct suites provide a mix of office, service, showroom, and storage space.
Where is this retail space located?
The property is located at 2055 Blue Spring Road Huntsville, AL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four suites totaling 4,000 square feet; 1.29‑acre property; Suite A includes offices, conference room, reception, break room, and bathroom
