Office Building with Rear Prefab
For Sale
$650,000
5978 Pulaski Pike NW, Huntsville, AL 35810
COMMERCIAL - Huntsville, AL
Property Size4,075 SF
Lot Size0.81 Acres
Price / SF$159.51
Days on Market50
Property Features for 5978 Pulaski Pike NW
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business, Commercial
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Basement, Bathroom 2
Subdivision
Metes And Bounds
Directions
From 231n: Left On 72/University, Right On Pulaski Pike, Go About 4 Miles, Property Is On Left.
Standard status
Active
APN
1402103002066001
Size
4,075 SF
Lot size
0.81 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1999
Floors in Building
1
Flooring type
Brick
Listing Agency:
Kendall James Realty · EXIT Realty
(256) 713-0400
Listed By:
Alisicia Adams · License #106270
(205) 903-6501
Added: Jun 24
Changed: Aug 4
Last Checked: Aug 12 at 10:06PM
MLS# 21914171
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.
Office building at 5978 Pulaski Pike NW in Huntsville with a main structure built in 1999 and brick flooring throughout. The layout includes a basement and three bathrooms, supporting a range of office and boutique-style uses.
In addition to the main building, the property includes a rear prefab building described as a former church, adding extra space for flexible tenant needs. The site sits on a 0.81-acre lot and connects to public water and public sewer.
The property has been previously used for salon/retail and can be suited for office or boutique occupancy, with the combined indoor spaces from both buildings supporting multiple room layouts.
In addition to the main building, the property includes a rear prefab building described as a former church, adding extra space for flexible tenant needs. The site sits on a 0.81-acre lot and connects to public water and public sewer.
The property has been previously used for salon/retail and can be suited for office or boutique occupancy, with the combined indoor spaces from both buildings supporting multiple room layouts.
Key Highlights
- 0.81‑acre lot at 5978 Pulaski Pike NW
- 4075 SF office building with basement and three bathrooms
- Rear prefab building described as a former church for additional 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
$52,060
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
8.01%
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%
$1,041,200
$1.0M
Cap Rate 7%
$743,714
$743.7K
Cap Rate 9%
$578,444
$578.4K
Market Conditions
NOI Build-Up for 4,075 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
$81.7K $20.04/SF
− Vacancy
−$12.2K −$3.01/SF
EGI
$69.4K $17.03/SF
− OpEx
−$17.4K −$4.26/SF
NOI
$52.1K $12.78/SF
Area
Huntsville, AL
Vacancy
15.00%
Lease Rate
$20.04 /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%
$1,041,200
Cap Rate 7%
$743,714
Cap Rate 9%
$578,444
Alternative Uses
Best Use
Office B
$743.7K
$650.8K – $867.7K
NOI $52,060 @ 7.0% cap · market cap 8.01%
Second Best
Retail
$711.5K
$622.6K – $830.1K
NOI $49,805 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$1.06M
$928.5K – $1.24M
NOI $74,279 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
136
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office building with a rear prefab building, brick flooring, and public water and sewer.
Where is this office units located?
The property is located at 5978 Pulaski Pike NW Huntsville, AL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 0.81‑acre lot at 5978 Pulaski Pike NW; 4075 SF office building with basement and three bathrooms; Rear prefab building described as a former church for additional space
