Multi-Suite Retail
For Sale
$750,000
2055 Blue Spring Road, Huntsville, AL 35810
Business Opportunity, Huntsville, AL
Property Size4,000 SF
Lot Size1.29 Acres
Price / SF$187.50
Days on Market116
Property Features for 2055 Blue Spring Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 3
Parking features
Driveway, Parking Lot
Window features
Display Window(s)
Exterior features
Curb/Gutters, Lighting
Lot features
High Visibility
Directions
Memoriarl Parkway To Oakwood Avenue To Blue Springs Road
Standard status
Active
APN
1407262002055000
Size
4,000 SF
Lot size
1.29 Acres
Utilities
Sewer type
Public Sewer
Heating system
Varies by Unit (Heating), Electric (Heating), Heat Pump (Heating)
Cooling system
Multi Units, Central Air
Water source
Public
Building Details
Year built
2008
Floors in Building
1
Flooring type
Vinyl
Roof type
Built-Up
Listing Agency:
Green Real Estate
(256) 536-3366
Listed By:
Bert Hubbell · License #105228
(256) 527-1996
Added: Jun 3
Changed: Sep 12
Last Checked: Sep 26 at 10:06PM
MLS# 21917489
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,000-square-foot storefront property was built in 2008 on 1.29 acres and is arranged as four separate suites. Suite A provides offices, a conference room, reception area, break room, and bathroom. Suite B is configured as a hair salon with wash bowls and a bathroom. Suite C serves as a party-planning showroom with laminate flooring and a bathroom, while Suite D provides additional storage and display space with laminate flooring and a bathroom.
The property includes a parking lot and driveway, curb and gutter improvements, exterior lighting, vinyl flooring, and a built-up roof. Heating varies by unit and includes heat pumps and electric systems; cooling is provided by central air through multiple units. Public water and public sewer serve the building at 2055 Blue Spring Road in Huntsville, Alabama.
The property includes a parking lot and driveway, curb and gutter improvements, exterior lighting, vinyl flooring, and a built-up roof. Heating varies by unit and includes heat pumps and electric systems; cooling is provided by central air through multiple units. Public water and public sewer serve the building at 2055 Blue Spring Road in Huntsville, Alabama.
Key Highlights
- 4,000 square feet on 1.29 acres
- Four‑suite layout with office, salon, showroom, and storage configurations
- Suite A includes offices, conference room, reception, break room, and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,888
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
76k
Monthly Visits Nearby
Under-served
Demand for This Use
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
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Storefront property - The building contains office, salon, showroom, and storage areas across distinct suites.
Where is this storefront property 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: 4,000 square feet on 1.29 acres; Four‑suite layout with office, salon, showroom, and storage configurations; Suite A includes offices, conference room, reception, break room, and bathroom
