Commercial Land with Existing
For Sale
$357,400
707 Winchester Road NE, Huntsville, AL 35811
Business Opportunity, Huntsville, AL
Property Size1,915 SF
Lot Size1.36 Acres
Price / SF$186.63
Days on Market17
Property Features for 707 Winchester Road NE
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Subdivision
Metes And Bounds
Directions
I565 W To Us-72 E. Turn Left On Moores Mill Rd. Turn Left Onto Winchester Rd Ne. Home Down On Right
Standard status
Active
Size
1,915 SF
Lot size
1.36 Acres
Utilities
Sewer type
Septic Tank
Water source
Public
Building Details
Floors in Building
1
Flooring type
Vinyl, Wood
Listing Agency:
Remax Alliance · RE/MAX International
(256) 799-2999
Listed By:
Stephanie Schrimsher · License #89392
(256) 655-0698
Added: Sep 22
Changed: Sep 25
Last Checked: Oct 8 at 10:06AM
MLS# 21912770
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 commercial land offering includes an existing 1,915-square-foot home with a full basement of approximately 2,000 square feet that is not included in the finished area. The residence has a recently installed roof, wood and vinyl flooring, solid wood kitchen cabinetry, and a security system. The home is described as move-in ready while updates are completed.
The property is located at 707 Winchester Road NE in Huntsville, Alabama, and is identified as a corner lot. No zoning restrictions are stated in the available property information. Public water serves the property, while wastewater is handled by a septic tank. The combination of commercial land classification and existing improvements provides a property profile that includes both land and building components.
The property is located at 707 Winchester Road NE in Huntsville, Alabama, and is identified as a corner lot. No zoning restrictions are stated in the available property information. Public water serves the property, while wastewater is handled by a septic tank. The combination of commercial land classification and existing improvements provides a property profile that includes both land and building components.
Key Highlights
- Commercial land with no zoning restrictions stated
- Existing 1,915‑square‑foot home
- Full basement of approximately 2,000 square feet, excluded from finished square footage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,465
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,300
$489.3K
Cap Rate 7%
$349,500
$349.5K
Cap Rate 9%
$271,833
$271.8K
Market Conditions
NOI Build-Up for 1,915 SF
Gross rent
$38.4K $20.04/SF
− Vacancy
−$5.8K −$3.01/SF
EGI
$32.6K $17.03/SF
− OpEx
−$8.2K −$4.26/SF
NOI
$24.5K $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 Rate 5%
$489,300
Cap Rate 7%
$349,500
Cap Rate 9%
$271,833
Alternative Uses
Best Use
Office B
$349.5K
$305.8K – $407.8K
NOI $24,465 @ 7.0% cap · market cap 6.85%
Second Best
Mixed Use
$330.3K
$289.1K – $385.4K
NOI $23,124 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$498.7K
$436.3K – $581.8K
NOI $34,907 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Explore this area
Business Placement
Demographics for 35811, AL
30,075
Population
12,314
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
93%
High-School Grad
46.9 sq mi
ZIP Area
641
Density / Sq Mi
$92,361
Median Household Income
$45,038
Median Earnings
$1,048
Median Rent
$249,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office 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?
Commercial land - Corner parcel with an existing residence, public water service, and septic infrastructure.
Where is this commercial land located?
The property is located at 707 Winchester Road NE Huntsville, AL.
What is the asking price?
The asking price for this property is $357,400.
What are key features of this property?
This property features: Commercial land with no zoning restrictions stated; Existing 1,915‑square‑foot home; Full basement of approximately 2,000 square feet, excluded from finished square footage
