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    2015 Memorial Pkwy Huntsville, AL 35801

    For Sale
    $800,000

    Prime Huntsville Retail Land, 0.55 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Exceptional commercial land opportunity in Huntsville, Alabama, priced at $800,000. This 0.55-acre lot is strategically located at 2015 Memorial Pkwy SW, in the heart of a vibrant commercial district, boasting excellent visibility and a flat topography. The property is zoned C4, perfectly suited for retail development. Its prime location offers easy access to major thoroughfares, including proximity to Governors Drive, placing it within reach of a thriving retail scene. Nearby attractions such as Stovehouse, The Foundry, and the Huntsville Botanical Garden enhance the area's appeal and draw significant foot traffic. The U.S. Space & Rocket Center further contributes to the area's dynamic and growing economy. This presents a unique investment opportunity for retail investors seeking to establish a strong presence in Huntsville's bustling market. The seller is open to selling the land outright or exploring build-to-suit options, offering flexibility to potential buyers. Lease rates are negotiable, contingent upon the specifics of any proposed build-out. This property offers a compelling combination of location, zoning, and development potential, making it an ideal investment for those seeking to capitalize on Huntsville's continued growth. The property's address is 2015 Memorial Pkwy SW, Huntsville, AL 35801.

    Property Features for 2015 Memorial Pkwy

    General Information

    Property type
    Land
    Lot Size
    23,958 SF

    HighLights

    • 0.55‑acre commercial lot in Huntsville, AL, priced at $800,000.
    • Located at 2015 Memorial Pkwy SW, in a high‑visibility, vibrant commercial district.
    • Zoned C4, ideal for retail development.
    • Excellent access to major thoroughfares, including Governors Drive.
    • Seller open to outright sale or build‑to‑suit options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Advanced Fireplace Technician- ... Chimney Sweep Mom's Place Apartment Complex

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Spa & Massage Dental Office Auto Repair Shop Hair Salon Auto Parts Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.591781764098
    Latitude
    34.718395504027

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    FAQs

    What type of property is this?
    Land - Prime Huntsville Retail Land, 0.55 Acres
    Where is this land located?
    The property is located at 2015 Memorial Pkwy Huntsville, AL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 0.55-acre commercial lot in Huntsville, AL, priced at $800,000.; Located at 2015 Memorial Pkwy SW, in a high-visibility, vibrant commercial district.; Zoned C4, ideal for retail development.
    Request Owner's contact information
    2015 Memorial Pkwy Huntsville, AL 35801
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    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
    2015 Memorial Pkwy Huntsville, AL 35801
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