Conventional Restaurant
For Sale
$400,000
4800 Whitesburg Drive, Huntsville, AL 35802
COMMERCIAL - Huntsville, AL
Property Size2,550 SF
Price / SF$156.86
Days on Market63
Property Features for 4800 Whitesburg Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Directions
Corner Of Whitesburg Drive And Airport Road
Standard status
Active
Size
2,550 SF
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete
Listing Agency:
Paladin Group
(256) 489-1229
Listed By:
Sharita Chalmers Adams · License #126806
(615) 294-6884
Added: Jun 30
Changed: Aug 4
Last Checked: Aug 31 at 8:06AM
MLS# 21922331
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This listing is for a conventional restaurant property offered for sale. The building is presented as a commercial real estate asset in the restaurant category, with a total size of 2,550 square feet.
Located at 4800 Whitesburg Drive in Huntsville, Alabama 35802, the property sits in Madison County. The address provides direct roadway access along Whitesburg Drive, supporting straightforward customer and employee access for restaurant operations.
As a restaurant-focused asset, this property may be a practical fit for operators or investors looking for a dedicated restaurant use classification in Huntsville. It also offers a manageable scale for a concept that aligns with the conventional restaurant format. Buyers evaluating restaurant sites can review the site at the address provided and confirm suitability for their specific menu, layout needs, and operating requirements.
Located at 4800 Whitesburg Drive in Huntsville, Alabama 35802, the property sits in Madison County. The address provides direct roadway access along Whitesburg Drive, supporting straightforward customer and employee access for restaurant operations.
As a restaurant-focused asset, this property may be a practical fit for operators or investors looking for a dedicated restaurant use classification in Huntsville. It also offers a manageable scale for a concept that aligns with the conventional restaurant format. Buyers evaluating restaurant sites can review the site at the address provided and confirm suitability for their specific menu, layout needs, and operating requirements.
Key Highlights
- Concrete flooring
- Public water supply
- Public sewer connection
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
$35,618
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
8.90%
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%
$712,360
$712.4K
Cap Rate 7%
$508,829
$508.8K
Cap Rate 9%
$395,756
$395.8K
Market Conditions
NOI Build-Up for 2,550 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
$49.0K $19.20/SF
− Vacancy
−$1.5K −$0.58/SF
EGI
$47.5K $18.62/SF
− OpEx
−$11.9K −$4.66/SF
NOI
$35.6K $13.97/SF
Area
Huntsville, AL
Vacancy
3.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
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%
$712,360
Cap Rate 7%
$508,829
Cap Rate 9%
$395,756
Alternative Uses
Best Use
Specialty Retail
$508.8K
$445.2K – $593.6K
NOI $35,618 @ 7.0% cap · market cap 8.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$664.0K
$581.0K – $774.7K
NOI $46,481 @ 7.0% cap · market cap 11.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,469
Businesses Nearby
489k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 20%
Apparel 19%
Groceries 12%
T.J. Maxx
Apparel
55,992 visits/mo
0.5 miles
Chick-fil-A
Dining
47,334 visits/mo
0.2 miles
Publix
Groceries
36,594 visits/mo
0.3 miles
Ross Dress for Less
Apparel
28,240 visits/mo
0.4 miles
Michaels
Shops & Services
23,894 visits/mo
0.3 miles
Demographics for 35802, AL
23,842
Population
12,359
Households
1.9
Avg Household Size
44
Median Age
51%
College-Educated
95%
High-School Grad
16.4 sq mi
ZIP Area
1,454
Density / Sq Mi
$72,195
Median Household Income
$46,938
Median Earnings
$1,051
Median Rent
$319,900
Median Home Value
Market
Vacancy Rate% for Retail 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?
Conventional restaurant - Restaurant property for sale in Huntsville, Alabama, suited for buyers seeking a dining-focused commercial site.
Where is this conventional restaurant located?
The property is located at 4800 Whitesburg Drive Huntsville, AL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Concrete flooring; Public water supply; Public sewer connection
