0 Gilleland Rd Huntsville, AL 35803
This exceptional 1.47-acre industrial land parcel presents a prime development opportunity in South Huntsville, Alabama. Located on a cul-de-sac at 0 Gilleland Rd, this property boasts a generous 64,033 square feet of space, ideally suited for various light industrial uses. The property's convenient location offers easy access to South Memorial Parkway and US 231, ensuring excellent connectivity for businesses and employees. The parcel is zoned LI (Light Industrial), providing flexibility for a range of development projects. A significant advantage is the absence of any flood hazard designation for this site, minimizing potential risks and streamlining the development process. The property's address is 0 Gilleland Rd, Huntsville, AL 35803, with the APN 23-03-07-1-003-013.000. This is a rare opportunity to acquire a sizable, well-located industrial lot in a thriving area of Huntsville, offering significant potential for return on investment. The asking price for this exceptional property is $820,000. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.