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Property profile & analytics

11607 Memorial Pkwy Huntsville, AL 35803

  • Commercial real estate
  • 60,050 SF
  • 3.38 lot acres
Value Estimation
Location Intelligence
Property ID
US03-0546929
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

  • Life Storage - Huntsville / Moving And Storage Service / Moving Supply Store
  • M & W Equipment / Food / Tire Shop
  • Oak Mountain State Park Campground / Park
  • lackland self storage / Self-Storage Facility

Property Details for 11607 Memorial Pkwy

Year built
1990
Lot size
3.38 lot acres
Property size
60,050 SF
Property type
Commercial real estate
APN
23-03-07-1-003-022.000
APU
2303071003022000

Description

This exceptional retail property, located at 11607 Memorial Parkway Southwest in Huntsville, Alabama, presents a compelling investment opportunity. The 40,000 square foot building sits on a substantial 2.76-acre lot, offering ample space for parking or potential expansion. Its prime location in South Huntsville provides excellent visibility and accessibility, directly adjacent to Memorial Parkway. The area is experiencing significant growth and redevelopment, creating a strong market for commercial ventures. The property is currently configured for multi-tenant occupancy, with short-term leases in place for portions of the building, offering immediate cash flow and flexibility for future development. The substantial lot size allows for a variety of uses, including the possibility of a single large tenant or multiple smaller businesses. This property is ideal for investors seeking a high-visibility location with significant upside potential in a rapidly developing area. The asking price is $3,750,000. The property's zoning and current lease agreements are available upon request. This is a rare opportunity to acquire a well-positioned retail center in a thriving Alabama market.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $835,000
  • CAP approach

    CAP return
    Estimation
    6%
    $810,000
    6.5%
    $900,000
    7%
    $920,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $750,000
    Geo Method
    $810,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $915,000
    Retail
    $960,000
    Mixed-Use
    $905,000
    Hospitality
    $950,000
    Educational
    $755,000
    Residential Income
    $895,000
    Energy
    $980,000
    Income-Based Land
    $875,000
    Food Service
    $960,000

Location Insight

  • Map
  • Local Demand
City
Huntsville
County
Madison
State
Alabama
Longitude
-86.5651
Latitude
34.6187
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
$25,246
$26,520
$408,760
$435,280
-
$132,600
$2,043,800
$2,176,400
More about this property
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