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Flexible Property on Memorial Parkway
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2518 Memorial Pkwy SW, Huntsville, AL 35801

Adaptable space for industrial, warehouse, office, or service-oriented businesses.

Space Size4,392 SF
Days on Market126

Property Features for 2518 Memorial Pkwy SW

General Information

Standard status Active
Size 4,392 SF
Property subtype Retail

Building Details

Building Size 4,392 SF
Year Built 1980

Spaces For Lease

at 2518 Memorial Pkwy SW Contact us

High Visibility Flex Site

Size
4,392 SF
Type
Street Retail
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: NAI Chase Commercial RE Services, Inc. - Birmingham
Listed By: Vanessa Morris · License #793240
Source: Chasecommercial
Added: Apr 8 Changed: Aug 8 Last Checked: Aug 8 at 4:45AM

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 NAI Chase Commercial RE Services, Inc. - Birmingham

Investment Insights

Based on property information with market context.

The property at 2518 Memorial Parkway SW is a flexible space suitable for industrial, warehouse, office, or service-oriented purposes. It features an office component along with outdoor operational space. This configuration is particularly well-suited for contractors, equipment sales, fleet-based businesses, or automotive users. The location benefits from high visibility on Memorial Parkway SW and ample parking. It also includes a 10-foot truck dock. The property is located in an Opportunity Zone and Hub Zone. The flexible office/warehouse configuration and large outdoor yard area add to its versatility. The site has a proven history in the automotive sector, with a previous dealership having expanded due to growth. The location benefits from a traffic volume of 75,000 vehicles per day.

Key Highlights

  • High visibility location on Memorial Parkway SW
  • Large outdoor yard area
  • Flexible Office/Warehouse configuration

Property Analytics

Current Use

American Freight Furniture, ... Furniture & Home Goods Mega Mattress Outlet Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Garden Center Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,796
Businesses Nearby
Balanced
Demand for This Use

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

Lease Benchmarks for Huntsville, AL

$10.83 /SF/Yr
Avg Asking Price
$1.2–$17.5 /SF/Yr
Price Range
45,914 SF
Avg Space Size

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Adaptable space for industrial, warehouse, office, or service-oriented businesses.
Where is this flex space located?
The property is located at 2518 Memorial Pkwy SW Huntsville, AL.
What are key features of this property?
This property features: High visibility location on Memorial Parkway SW; Large outdoor yard area; Flexible Office/Warehouse configuration
More about this property
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