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    13111 Memorial Pkwy Huntsville, AL 35803

    For Sale
    $4,950,000

    Prime Huntsville location, heavy industrial zoning. $4.95M.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 25.12-acre commercial land parcel presents a significant investment opportunity in Huntsville, Alabama. Strategically located on South Memorial Parkway (Highway 231), this property enjoys high visibility and convenient access to major transportation routes. Situated directly across from Sanmina Corporation, the site benefits from its proximity to a thriving industrial hub. The property is zoned for heavy industrial use, making it ideal for a wide range of businesses. Within Huntsville city limits, this location offers access to a robust workforce of over 200,000 residents. The surrounding area boasts a diverse economic landscape, encompassing engineering, manufacturing, biotechnology, information technology, artificial intelligence, and numerous government contractors. The asking price for this expansive tract is $4,950,000, representing a compelling opportunity to acquire a substantial land holding in a rapidly growing market. The property's size and location make it suitable for large-scale development projects. This is a rare opportunity to secure a prime piece of Huntsville real estate. The address is 13111 Memorial Pkwy SW, Huntsville, AL 35803.

    Property Features for 13111 Memorial Pkwy

    General Information

    Property type
    Land
    Lot Size
    1,094,227 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sutton Family Mold ... Water Damage Restoration Service

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.562104
    Latitude
    34.592504

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    FAQs

    What type of property is this?
    Land - Prime Huntsville location, heavy industrial zoning. $4.95M.
    Where is this land located?
    The property is located at 13111 Memorial Pkwy Huntsville, AL.
    What is the asking price?
    The asking price for this property is $4,950,000.
    Request Owner's contact information
    13111 Memorial Pkwy Huntsville, AL 35803
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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
    13111 Memorial Pkwy Huntsville, AL 35803
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