Financial
Distress signals
Property profile

509 Pratt NE Ave Huntsville, AL 35801

OFF-MARKET
Retail space
Property ID
US03-0794351
912 SF 0.13 ac lot Built 1940
Last sale May 2022 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a craftsman-style commercial office suite with 912 square feet of interior space and a flexible layout. It features fold-out windows intended to provide street-facing visibility and a storefront-style presentation. The space is C-1 zoned and is suitable for small business uses such as a professional office, bakery, or an intimate cafe. The property is located at 509 Pratt Avenue in Huntsville, within walking distance of Old Town Coffee and near the Stella apartments in a pedestrian-oriented area.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$973
Tax billed · 2023
Assessed value$17k
Assessed land$11k
Assessed improvement$5k
Effective rate5.80%

Value estimate

· Sep 2026
$485k
$437k – $534k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$146/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$77 – $243

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMADISON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office17.7
HVAC Service11.7
Skin Care Clinic10.9

Location

509 Pratt NE Ave Huntsville, AL 35801-6318
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
513 Drake SW, Huntsville, AL 35801-5606 $700,000 Nov 2022 2,400 SF
509 Drake SW, Huntsville, AL 35801-5606 $1,555,050 Dec 2021 3,756 SF
2600 Memorial SW, Huntsville, AL 35801-5628 $3,828,000 Feb 2021 2,220 SF
716 Pratt NE, Huntsville, AL 35801-3644 $290,000 Feb 2021 2,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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