Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2200 Sparkman Dr Huntsville, AL 35810

    • Neighborhood centers
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Direct Auto Insurance / Insurance Agency
    • Walmart Garden Center / Garden Center
    • LAID Beauty Bar x LAID Hair Care / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • Walmart Vision & Glasses / Ophthalmologist / (Bike/Boat/Book/etc) Store
    • Simpson Steven W OD / Physician

    Property Details for 2200 Sparkman Dr

    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional 1,440 square-foot retail space is located in Huntsville Commons, a thriving strip center in Madison County. Benefit from a high-traffic location directly adjacent to a Walmart Supercenter, ensuring significant foot traffic and visibility. The property offers a single-tenant occupancy, providing flexibility and control for your business. Enjoy fantastic co-tenancy with a diverse mix of established national and local retailers, including CATO, It's Fashions, Dollar Tree, City Gear, GameStop, Rent-A-Center, and Sally Beauty. This presents a unique opportunity to establish your business within a vibrant and successful retail environment. The inline space is ready for immediate occupancy, providing a turnkey solution for your retail needs. The property's strategic location and strong co-tenancy create a compelling investment opportunity with high potential for return. Seize this chance to become part of a thriving retail community and capitalize on the significant advantages of this prime location. Contact us today to schedule a showing and explore the possibilities. This property is a single-tenant retail space in a strip center.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.5925
    Latitude
    34.765

    Comparable in this City

    • Value Estimation by Request
      2,970 SF

      2590 Sparkman NW Dr

      SHOPPING CENTER, STRIP CENTER • 2,970 SF
      2590 Sparkman NW Dr, Huntsville, AL 35810-3809
      View Details
    • Value Estimation by Request
      11,650 SF

      11041 Hwy 662nd N

      SHOPPING CENTER, STRIP CENTER • 11,650 SF
      11041 Hwy 662nd N, Huntsville, AL 35810
      View Details
    • Value Estimation
      $1,260,000
      64,068 SF

      3700 Blue Spg NW Rd

      SHOPPING CENTER, STRIP CENTER • 64,068 SF
      3700 Blue Spg NW Rd, Huntsville, AL 35810-3479
      View Details
    • Value Estimation
      $2,065,000
      43,018 SF

      2250 Sparkman NW Dr

      SHOPPING CENTER, STRIP CENTER • 43,018 SF
      2250 Sparkman NW Dr, Huntsville, AL 35810-4907
      View Details
    • Value Estimation
      $825,000
      22,590 SF

      2105 Mastin Lk NW Rd

      SHOPPING CENTER, STRIP CENTER • 22,590 SF
      2105 Mastin Lk NW Rd, Huntsville, AL 35810-2871
      View Details
    • Value Estimation
      $1,400,000
      36,344 SF

      3505 Pulaski NW Pike

      SHOPPING CENTER, STRIP CENTER • 36,344 SF
      3505 Pulaski NW Pike, Huntsville, AL 35810-2657
      View Details

    Similar Nearby for Sale

    • $4,500,000
      62,565 SF

      Huntsville Shopping Center Investment

      62,565 SF Retail Center, High Growth Area
      3000 Memorial Pkwy, Huntsville, AL 35810
      View Details
    • $410,000
      1.52 Acres

      Huntsville Commercial Land For Sale

      1.52 acres suitable for restaurant or franchise development.
      Memorial Pkwy N, Huntsville, AL 35810
      View Details
    • Contact for pricing
      7,200 SF

      Huntsville Retail Center - Prime Location

      7,200 SF Retail Space, Excellent Lease Terms
      2419 Oakwood Ave, Huntsville, AL 35810
      View Details
    • Contact for pricing
      12,400 SF

      Huntsville Retail Center Investment

      High-yield retail space, prime location.
      2501 Oakwood Ave, Huntsville, AL 35810
      View Details
    • Contact for pricing
      12,400 SF

      Huntsville Retail Center Investment

      High-yield retail space, prime location.
      2501 Oakwood Ave, Huntsville, AL 35810
      View Details
    • $2,000,000
      9.50 Acres

      Huntsville Industrial Land - $2M

      9.5-acre commercial property, prime highway location.
      10116 Memorial Pkwy, Huntsville, AL 35810
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,440 SF

      Huntsville Commons Retail Space

      Prime Retail Space near Walmart
      2200 Sparkman Dr, Huntsville, AL 35810
      View Details
    • $12 SF/Yr
      4,053 SF

      Oakwood Shopping Center Retail Space

      Huntsville retail space, high traffic location.
      2501 Oakwood Ave, Huntsville, AL 35810
      View Details
    • Contact for pricing
      8,800 SF

      Food City Center Retail Space

      Huntsville, AL retail space available.
      0 Memorial Pkwy, Huntsville, AL 35810
      View Details
    • $15 SF/Yr
      70,274 SF

      Blue Spring Village Retail Center

      Huntsville, AL: Prime Retail Space Available
      3700 Blue Spring Rd, Huntsville, AL 35810
      View Details
    • $1,500 /Mo
      11,700 SF

      Huntsville Office/Retail Plaza For Rent

      Multi-tenant plaza with leasable space, strong visibility, and on-site parking.
      4206 NW Oakwood Ave, Huntsville, AL 35810
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2200 Sparkman Dr
    Huntsville, AL 35810
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!