Search
Collision Center with Secured Parking
For Sale
Contact for pricing

2101 Miller Ferry Way Southwest, Huntsville, AL 35801

Well-maintained collision center offering 25 secured, fenced parking spaces and 10 additional customer spaces.

Property Size9,500 SF
Price / SF$210.53
Days on Market125

Property Features for 2101 Miller Ferry Way Southwest

General Information

Standard status Active
Size 9,500 SF
Total Parking Spaces 35
Property subtype Retail
Occupancy 100%

Additional Details

Business Included Yes
Fenced Yard Yes

Building Details

Year Built 2002
Tenancy Single
Listing Agency: Sands Investment Group
Listed By: Andrew Ackerman · License #GA 311619
Source: Crexi
Added: May 7 Changed: Sep 6 Last Checked: Sep 7 at 9:38AM

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 Sands Investment Group

Investment Insights

Based on property information with market context.

The 9,500 SF Ingram Collision Center is offered for sale, including both the business and the real estate. The building has been maintained by the current owner and is described as requiring minimal additional investment beyond acquisition. The property is supported by on-site parking designed for customer and secured storage needs, including 25 secured, fenced-in spaces plus 10 additional customer spaces.

Located at 2101 Miller Ferry Way SW in Huntsville, Alabama, the property’s configuration supports collision/automotive operations with dedicated parking capacity for day-to-day use.

This is a turn-key collision center offering that combines an operational facility with substantial secured and customer parking on site.

Key Highlights

  • 9,500 SF Ingram Collision Center at 2101 Miller Ferry Way SW, Huntsville, AL (built in 2002)
  • Includes the business and real estate sale
  • 25 secured, fenced‑in parking spaces plus 10 additional customer spaces

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
$116,109
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
5.81%
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%
$2,322,180 $2.3M
Cap Rate 7%
$1,658,700 $1.7M
Cap Rate 9%
$1,290,100 $1.3M
Market Conditions
NOI Build-Up for 9,500 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
$171.0K $18.00/SF
− Vacancy
−$5.1K −$0.54/SF
EGI
$165.9K $17.46/SF
− OpEx
−$49.8K −$5.24/SF
NOI
$116.1K $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%
$2,322,180
Cap Rate 7%
$1,658,700
Cap Rate 9%
$1,290,100

Alternative Uses

Best Use
Retail
$1.66M
$1.45M – $1.94M (±1% cap)
NOI $116,109 @ 7.0% cap · market cap 5.81%
Second Best
Industrial
$857.8K
$750.6K – $1.00M (±1% cap)
NOI $60,048 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$2.47M
$2.16M – $2.89M (±1% cap)
NOI $173,166 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Ingram Collision Center Auto Repair Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Locksmith Parking Lot & Garage HVAC Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,472
Businesses Nearby
159k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 40% Dining 34% Shops & Services 23% Home Improvements & Furnishings 3%
Academy Sports + Outdoors Apparel
60,830 visits/mo 0.5 miles
Cracker Barrel Old Country Store Dining
28,190 visits/mo 0.5 miles
Redstone Federal Credit Union Shops & Services
19,392 visits/mo 0.5 miles
Applebee's Dining
8,139 visits/mo 0.4 miles
Hardee's Dining
7,342 visits/mo 0.4 miles

Demographics for 35801, AL

22,539
Population
11,225
Households
2
Avg Household Size
43
Median Age
55%
College-Educated
90%
High-School Grad
13.8 sq mi
ZIP Area
1,633
Density / Sq Mi
$103,125
Median Household Income
$60,370
Median Earnings
$1,130
Median Rent
$399,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Madison County Auto Parts 4203 E Schrimsher Ln SW, Huntsville, AL 35805
  • Firestone Complete Auto Care 1020 Airport Rd SW, Huntsville, AL 35802
  • The Window Tinting Experts 3322 S Memorial Pkwy, Huntsville, AL 35801
  • Ingram Collision Center 2101 Miller Ferry Way SW, Huntsville, AL 35801
  • NTB-National Tire & Battery 3030 Memorial Pkwy SW, Huntsville, AL 35801

Frequently Asked Questions

What type of property is this?
Auto shop - Well-maintained collision center offering 25 secured, fenced parking spaces and 10 additional customer spaces.
Where is this auto shop located?
The property is located at 2101 Miller Ferry Way Southwest Huntsville, AL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 9,500 SF Ingram Collision Center at 2101 Miller Ferry Way SW, Huntsville, AL (built in 2002); Includes the business and real estate sale; 25 secured, fenced‑in parking spaces plus 10 additional customer spaces
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message