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    Memorial Pkwy Huntsville, AL 35801

    For Sale
    $650,000

    Prime 0.92-acre industrial lot, flood-clear.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 40,000 square foot industrial lot presents a remarkable development opportunity in South Huntsville, Alabama. Strategically located on the east side of South Memorial Parkway, this property boasts a highly desirable location with excellent visibility and accessibility. The parcel is zoned LI - Light Industrial, allowing for a variety of potential uses, making it ideal for businesses seeking a prominent presence in a thriving area. The property's size offers ample space for construction, and its flood-clear status eliminates potential development complications. With its convenient access to South Memorial Parkway, this lot provides easy connectivity to major transportation routes, ensuring seamless logistics for any future development. The asking price for this exceptional property is $650,000. The property's APN is 23-03-07-1-002-099.000. This is a rare opportunity to acquire a well-situated industrial lot in a rapidly growing area of Huntsville, offering significant potential for return on investment. Don't miss this chance to secure a prime piece of Huntsville real estate.

    Property Features for 0 Memorial Pkwy

    General Information

    Property type
    Land
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.566949544502
    Latitude
    34.622366874888

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    FAQs

    What type of property is this?
    Land - Prime 0.92-acre industrial lot, flood-clear.
    Where is this land located?
    The property is located at Memorial Pkwy Huntsville, AL.
    What is the asking price?
    The asking price for this property is $650,000.
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    Memorial Pkwy Huntsville, AL 35801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Memorial Pkwy Huntsville, AL 35801
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