Warehouse Redevelopment
For Sale
Contact for pricing
2216 Clinton Avenue West, Huntsville, AL 35804
1.2-acre site with an existing 10,800 SF building and convenient access to Memorial Parkway and I-565.
Property Size10,800 SF
Price / SF$121.99
Days on Market113
Property Features for 2216 Clinton Avenue West
General Information
Standard status
Active
Size
10,800 SF
Property subtype
Industrial, Land
Zoning
Light Industry (LI)
Investment Type
Redevelopment
Listing Agency:
Samples Properties
Listed By:
Jim Smoot · License #AL 000092257
(678) 592-3485
Source:
Crexi
Added: Jul 2
Changed: Sep 18
Last Checked: Sep 2 at 5:58PM
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 Samples Properties
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Investment Insights
Based on property information with market context.
The property is a 1.2-acre industrial site with an existing 10,800 SF building, positioned for redevelopment or adaptive reuse. The offering is well-suited for buyers looking to leverage the current improvements while planning for future site upgrades.
Located at 2216 Clinton Avenue West in Huntsville, the property benefits from visibility and convenient access to Memorial Parkway and I-565, supporting easy tenant or customer access depending on the intended redevelopment plan.
This is a for-sale industrial land and warehouse building opportunity anchored by an existing, sizable structure on a manageable site footprint.
Located at 2216 Clinton Avenue West in Huntsville, the property benefits from visibility and convenient access to Memorial Parkway and I-565, supporting easy tenant or customer access depending on the intended redevelopment plan.
This is a for-sale industrial land and warehouse building opportunity anchored by an existing, sizable structure on a manageable site footprint.
Key Highlights
- 1.2‑acre site with an existing 10,800 SF building
- Convenient access to Memorial Parkway
- Convenient access to I‑565
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,712
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,554,240
$1.6M
Cap Rate 7%
$1,110,171
$1.1M
Cap Rate 9%
$863,467
$863.5K
Market Conditions
NOI Build-Up for 10,800 SF
Gross rent
$97.2K $9.00/SF
− Vacancy
−$5.8K −$0.53/SF
EGI
$91.4K $8.47/SF
− OpEx
−$13.7K −$1.27/SF
NOI
$77.7K $7.20/SF
Area
Huntsville, AL
Vacancy
5.94%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,554,240
Cap Rate 7%
$1,110,171
Cap Rate 9%
$863,467
Alternative Uses
Best Use
Warehouse
$1.11M
$971.4K – $1.30M
NOI $77,712 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.81M
$2.46M – $3.28M
NOI $196,862 @ 7.0% cap · market cap 14.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,200
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial land - 1.2-acre site with an existing 10,800 SF building and convenient access to Memorial Parkway and I-565.
Where is this industrial land located?
The property is located at 2216 Clinton Avenue West Huntsville, AL.
What is the asking price?
The asking price for this property is $1,317,500.
What are key features of this property?
This property features: 1.2‑acre site with an existing 10,800 SF building; Convenient access to Memorial Parkway; Convenient access to I‑565
