Neighborhood Shopping
2501 Oakwood Avenue NW Huntsville, AL 35810
For Sale
$1,800,000
MULTI_FAMILY - Huntsville, AL
Property Size19,683 SF
Lot Size2.20 Acres
Price / SF$91.45
Days on Market43
Property Features for 2501 Oakwood Avenue NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 19,683 SF
- Lot size
- 2.20 Acres
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete
Listing Agency:
Capstone Realty
(256) 382-7300
Listed By:
Phillip Drummond · License #95108
(256) 656-2343
Added: Jun 11
Last Checked: Jul 23 at 1:06PM
MLS# 21920396
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Investment Insights
Based on property information with market context.
An established neighborhood retail shopping center is offered for sale at 2501 Oakwood Avenue NW in Huntsville, Alabama. The property totals 19,683 square feet and sits on approximately 2.2 acres. Current operating performance is reported at approximately $151,869 in NOI, reflecting an 8.4% cap rate.
The center is described as benefiting from visibility and steady daily traffic generated by dense surrounding residential and community uses. The current rent profile is noted as being below market in many units, which the seller characterizes as creating immediate value-add opportunity for a new owner.
This asset is positioned for long-term demand with convenient access to Memorial Parkway, University Drive, and downtown Huntsville, according to the provided remarks.
The center is described as benefiting from visibility and steady daily traffic generated by dense surrounding residential and community uses. The current rent profile is noted as being below market in many units, which the seller characterizes as creating immediate value-add opportunity for a new owner.
This asset is positioned for long-term demand with convenient access to Memorial Parkway, University Drive, and downtown Huntsville, according to the provided remarks.
Key Highlights
- 19,683 SF retail center in a prime neighborhood on Oakwood Ave
- Current NOI is approximately $151,869, reflecting an 8.4% cap rate
- Many existing rents are below market, offering value‑add potential for a new owner
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Its
Hair Salon
J2 Fitness Studio
Gym & Fitness Center
G's Country Kitchen
Restaurant
Gibbtel
Electronics & Wireless Store
Taxman1
Tax Preparation
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FAQs
What type of property is this?
Shopping center - For sale 19,683 SF neighborhood retail center on 2.2 acres with reported NOI of approximately $151,869.
Where is this shopping center located?
The property is located at 2501 Oakwood Avenue NW Huntsville, AL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 19,683 SF retail center in a prime neighborhood on Oakwood Ave; Current NOI is approximately $151,869, reflecting an 8.4% cap rate; Many existing rents are below market, offering value‑add potential for a new owner