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    Property profile & analytics

    124 Jim Harding Way Huntsville, AL 35806

    • Manufacturing properties
    • 15,000 SF
    • 1.25 lot acres
    For Sale
    View listing
    $850,000
    Value Estimation
    Last Sale
    May 11, 2022
    $470,000
    Location Intelligence
    Property ID
    US03-0907429
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Morard & Company, Inc. / Door Warehouse / Door Supplier

    Property Details for 124 Jim Harding Way

    Year built
    2003
    Lot size
    1.25 lot acres
    Property size
    15,000 SF
    Property type
    Manufacturing properties
    APN
    15-06-24-0-001-045.003
    APU
    1506240001045003

    Description

    This exceptional 1.19-acre commercial land parcel presents a unique investment opportunity in Huntsville, Alabama. Located at 124 Jim Harding Way, this property boasts a highly desirable corner lot position at the intersection of Jim Harding Way and Johns Road. Its strategic location offers unparalleled visibility and accessibility. The property is zoned County and is situated adjacent to a Publix supermarket, ensuring high foot traffic and convenient access for potential businesses. Furthermore, its proximity to the Village of Providence and downtown Huntsville provides easy access to a thriving community. Major transportation arteries, including Highway 255, US-72, and Interstate 565, are easily accessible, making this site ideal for a variety of commercial developments, including retail, office, or industrial uses. The asking price for this prime land is $850,000. The 35806 zip code ensures a strong address for any future development. This is a rare opportunity to acquire a highly visible and conveniently located commercial lot in a rapidly growing area of Huntsville.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $655,000

    • CAP approach

      CAP return
      Estimation
      6%
      $525,000
      6.5%
      $525,000
      7%
      $600,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $555,000
      Geo Method
      $500,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $530,000
      Retail
      $465,000
      Mixed-Use
      $500,000
      Hospitality
      $465,000
      Educational
      $510,000
      Residential Income
      $600,000
      Energy
      $490,000
      Income-Based Land
      $580,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.6799
    Latitude
    34.7594
    CBSA code
    26620
    CBSA name
    HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,319
    $16,300
    $103,360
    $119,660
    -
    $81,500
    $516,800
    $598,300

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    Huntsville, AL 35806
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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
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