4-Suite Retail/Office
For Sale
$750,000
2055 Blue Spring Road, Huntsville, AL 35810
COMMERCIAL - Huntsville, AL
Property Size4,000 SF
Lot Size1.29 Acres
Price / SF$187.50
Days on Market71
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 3, Bathroom 2, Bathroom 4, Bathroom 1
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
Heat Pump (Heating), Electric (Heating), Varies by Unit (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: Aug 4
Last Checked: Aug 12 at 6:06PM
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.
Class A commercial building on 1.29 acres built in 2008 with four suites. Suite A is 1,600 SF and includes offices, a conference room, reception, a break room, and a bathroom. Suite B is 800 SF and is currently occupied as a hair salon, with wash bowls and a bathroom. Suite C is 800 SF and is currently used as a party planning showroom with laminate flooring and a bathroom. Suite D supports Suite C with storage and display, and includes laminate flooring and a bathroom.
The building has vinyl flooring and central air with multi-unit cooling. Heating varies by unit, with electric heat and heat pump noted. Exterior features include curb/gutters and lighting. Parking is provided via driveway and a parking lot. Water is public and sewer is public sewer, with a built-up roof.
The suite mix offers flexible space for office, service, and showroom-style users, supported by dedicated interior rooms across the four configurations.
The building has vinyl flooring and central air with multi-unit cooling. Heating varies by unit, with electric heat and heat pump noted. Exterior features include curb/gutters and lighting. Parking is provided via driveway and a parking lot. Water is public and sewer is public sewer, with a built-up roof.
The suite mix offers flexible space for office, service, and showroom-style users, supported by dedicated interior rooms across the four configurations.
Key Highlights
- 1.29‑acre commercial building with four suites: Suite A 1,600 SF, Suite B 800 SF, Suite C 800 SF, Suite D for storage/display
- Suite A layout includes offices, conference room, reception, break room, and bathroom
- Suite B is 800 SF and currently occupied as a hair salon with wash bowls 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
$51,102
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
6.81%
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%
$1,022,040
$1.0M
Cap Rate 7%
$730,029
$730.0K
Cap Rate 9%
$567,800
$567.8K
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
$80.2K $20.04/SF
− Vacancy
−$12.0K −$3.01/SF
EGI
$68.1K $17.03/SF
− OpEx
−$17.0K −$4.26/SF
NOI
$51.1K $12.78/SF
Area
Huntsville, AL
Vacancy
15.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
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%
$1,022,040
Cap Rate 7%
$730,029
Cap Rate 9%
$567,800
Alternative Uses
Best Use
Office B
$730.0K
$638.8K – $851.7K
NOI $51,102 @ 7.0% cap · market cap 6.81%
Second Best
Retail
$698.4K
$611.1K – $814.8K
NOI $48,888 @ 7.0% cap · market cap 6.52%
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
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Kroger Floral — 2110 NW Oakwood Ave, Huntsville, AL 35810
Frequently Asked Questions
What type of property is this?
Storefront property - Class A, 4-suite building built in 2008 with central air, public water, and public sewer.
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: 1.29‑acre commercial building with four suites: Suite A 1,600 SF, Suite B 800 SF, Suite C 800 SF, Suite D for storage/display; Suite A layout includes offices, conference room, reception, break room, and bathroom; Suite B is 800 SF and currently occupied as a hair salon with wash bowls and bathroom
