200 Oakwood Ave Huntsville, AL 35811
- Strip malls
- 6,600 SF
- 8.58 lot acres
Current Use by Public Records
- Roses Discount Store / Pet Supply Store / Toy Store
- Cinco de Mayo / Mexican Restaurant / Restaurant
- Envy Entertainment & Restaurant / Bar & Grill
- Improv Entertainment / Entertainment Agency
- Loan Till Payday Online / Loan Agency
Property Details for 200 Oakwood Ave
- Year built
- 1984
- Construction
- WOOD
- Lot size
- 8.58 lot acres
- Property size
- 6,600 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 14-07-25-3-001-002.000
- APU
- 1407253001002000
Description
Lincoln Center, a thriving 80,741 square foot neighborhood retail center in Huntsville, Alabama, offers exceptional opportunities for businesses seeking high visibility and convenient access. Located at 200 Oakwood Ave NE, 35811, this property boasts an 8.58-acre lot and provides 400 parking spaces for ample customer convenience. The center enjoys excellent accessibility, situated beside the I-565 on-ramp, offering easy connectivity to Highway 72 and Downtown Huntsville. This strategic location places businesses within reach of a substantial customer base in a growing retail corridor. Currently, there is 12,600 square feet of vacant space available, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 6,600 square feet, catering to a variety of business needs. Lincoln Center is experiencing significant growth, recently welcoming new tenants including Krab Kingz, Wave Restaurant & Lounge, Mexibbean Island Grill, and a local art and tattoo studio. Further enhancing the area's appeal, the adjacent Lincoln Mill, a 215,000 square foot former cotton mill, is undergoing a major redevelopment project, adding office, restaurant, and retail spaces, along with approximately 400 additional parking spaces. This revitalization project promises to further boost foot traffic and create a vibrant mixed-use environment. This is a rare opportunity to establish a presence in a dynamic and rapidly developing retail hub.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,900,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,695,000
- 6.5%
- $5,370,000
- 7%
- $5,170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,085,000
- Geo Method
- $4,695,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,700,000
- Retail
- $4,480,000
- Mixed-Use
- $4,035,000
- Hospitality
- $5,100,000
- Educational
- $4,505,000
- Residential Income
- $3,955,000
- Energy
- $5,165,000
- Income-Based Land
- $4,960,000
- Food Service
- $4,360,000
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.5817
- Latitude
- 34.7484
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA