4092 Memorial Pkwy SW, Huntsville, AL 35802
Excellent investment opportunity in a prime South Huntsville location.
- Added:
- Jun 23, 2023
- Days on Market:
- 1091
- Last Refresh:
- May 12 at 11:54 pm
Property Features for 4092 Memorial Pkwy SW
General Information
- Standard status
- Active
- Size
- 37,248 SF
- Lot size
- 2.73 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1999
Listing agent Jonathan Prince License #000127793-1
Listing office John Blue Realty LLC
Listing date Jun 23, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of John Blue Realty LLC
HighLights
- Prime South Huntsville location with direct access to Redstone Arsenal Gate 1 and Martin Road.
- Excellent investment opportunity with an 8% Cap Rate.
- Situated on 2.73 +/- acres.
- High visibility with Memorial Parkway frontage.
- More than adequate parking.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $746.4k | $20.04 |
| − Vacancy | −$112.0k | −$3.01 |
| EGI | $634.5k | $17.03 |
| − OpEx | −$158.6k | −$4.26 |
| NOI | $475.9k | $12.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.5767223
- Latitude
- 34.6765151
