Adaptable Industrial-Retail Space For
For Sale
Contact for pricing
3724 Blue Spring Rd NW, Huntsville, AL 35810
Versatile property with retail storefront and warehouse space in Huntsville.
Property Size3,210 SF
Price / SF$77.57
Days on Market185
Property Features for 3724 Blue Spring Rd NW
General Information
Standard status
Active
Size
3,210 SF
Class
C
Total Parking Spaces
6
Property subtype
Industrial, Mixed Use, Retail
Zoning
C-1 Neighborhood Business
Lease Type
NNN
Investment Type
Value Add
Building Details
Year Built
1969
Units
1
Tenancy
Single
Listing Agency:
Park Properties
(256) 426-3777
Listed By:
Jed Park · License #000065313-0
Source:
Crexi
Added: Feb 6
Changed: Aug 8
Last Checked: Aug 10 at 2:14PM
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 Park Properties
Investment Insights
Based on property information with market context.
This property features C-1 commercial zoning, roll-up door warehouse space, and high visibility commercial frontage along Blue Spring Road with approximately 16,700 AADT. Positioned just off a major intersection, the property offers strong exposure, convenient ingress and egress, and access to surrounding residential density. The building includes a retail storefront with attached flex industrial and light industrial warehouse space, ideal for auto service use, automotive repair, contractor building operations, distribution, or service retail. Three roll-up doors and a functional layout support efficient workflow and flexible single-tenant or dual-tenant configurations. The property, with a size of 3210 square feet, is suitable for owner-users or investors seeking adaptable industrial-retail space in a growing Huntsville corridor.
Key Highlights
- SBA eligible owner‑user opportunity with C‑1 commercial zoning.
- High visibility commercial frontage on Blue Spring Road (approx. 16,700 AADT).
- Retail storefront with attached flex industrial and light industrial warehouse space.
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
$20,290
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
8.15%
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%
$405,800
$405.8K
Cap Rate 7%
$289,857
$289.9K
Cap Rate 9%
$225,444
$225.4K
Market Conditions
NOI Build-Up for 3,210 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
$30.8K $9.60/SF
− Vacancy
−$1.8K −$0.57/SF
EGI
$29.0K $9.03/SF
− OpEx
−$8.7K −$2.71/SF
NOI
$20.3K $6.32/SF
Area
Huntsville, AL
Vacancy
5.94%
Lease Rate
$9.60 /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%
$405,800
Cap Rate 7%
$289,857
Cap Rate 9%
$225,444
Alternative Uses
Best Use
Retail
$560.5K
$490.4K – $653.9K
NOI $39,233 @ 7.0% cap · market cap 15.76%
Second Best
Mixed Use
$553.7K
$484.5K – $646.0K
NOI $38,761 @ 7.0% cap · market cap 15.57%
Theoretical Best
Office A
$835.9K
$731.4K – $975.2K
NOI $58,512 @ 7.0% cap · market cap 23.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
Explore this area
Business Placement
Demographics for 35810, AL
29,976
Population
13,283
Households
2.3
Avg Household Size
38
Median Age
24%
College-Educated
85%
High-School Grad
28.1 sq mi
ZIP Area
1,067
Density / Sq Mi
$46,963
Median Household Income
$31,080
Median Earnings
$1,097
Median Rent
$126,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile property with retail storefront and warehouse space in Huntsville.
Where is this mixed-use property located?
The property is located at 3724 Blue Spring Rd NW Huntsville, AL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: SBA eligible owner‑user opportunity with C‑1 commercial zoning.; High visibility commercial frontage on Blue Spring Road (approx. 16,700 AADT).; Retail storefront with attached flex industrial and light industrial warehouse space.
