Technical
Financial
Distress signals
Property profile

3111 Memorial NW Pkwy Huntsville, AL 35810

OFF-MARKET
Sports & entertainment properties
Property ID
US03-0397536
1,756 SF 0.62 ac lot Built 2009
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.62-acre commercial land parcel, totaling 27,042 square feet, presents a unique opportunity for development in Huntsville, Alabama. Located at 3111 Memorial Pkwy NW, this vacant lot boasts 115 feet of frontage on a high-traffic access road to Memorial Parkway, which sees 43,000 vehicles daily, ensuring maximum visibility for your business. The property's existing structure, totaling 3,474 square feet, can be demolished to accommodate your ideal build. Zoned LI (Light Industrial), this versatile site allows for a wide range of uses, including retail, storage facilities, drive-thru restaurants, office spaces, and medical facilities. Its strategic location offers convenient access to major roadways and highways, guaranteeing a steady flow of potential customers. The area also benefits from the proximity of high-performing fast-food restaurants such as McDonald's, Wendy's, and Popeye's, all ranking within the top 3% in Alabama according to Placer.ai. A large pylon sign is already in place, further enhancing visibility and marketing potential. This is an exceptional opportunity to establish a thriving business in a high-demand location.

Property profile

Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 2009
Construction WOOD
Total area 1,756 SF
Lot 0.62 ac (27,143 SF)
APN 14-06-24-2-001-072.000
UPID US03-0397536

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3111 Memorial NW Pkwy Huntsville, AL 35810-2403
Huntsville metro Census 701 HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2025
Last sale
$290,000
4 recorded transactions
2025
$290,000
2015
$500,040
2009
$188,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3111 Memorial NW Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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