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Property profile

1010 Heathland Dr Huntsville, AL 35816

FOR SALE
Turn key restaurants
Property ID
US03-1008997
6,578 SF 1.41 ac lot Built 1992
Last sale Nov 2022 · $755,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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 6,500 sq ft commercial building located one block from MidCity in Huntsville. It is configured to support uses such as a restaurant, event space, lounge, or bar. The interior includes two large office spaces, ample storage areas, a full commercial kitchen, and a walk-in freezer. The property also includes on-site parking.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$208k
Assessed land$86k
Assessed improvement$122k
Effective rate5.80%

Value estimate

· Oct 2026
$1.05M
$945k – $1.16M
AI approach$985k
Submarket $/SF estimate$626k
NOI build-up
Gross scheduled income$125k
Vacancy & credit loss−$4k
Operating expenses−$30k
NOI · 3.03% cap applied$91k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$431/SF
Submarket average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$190 – $652
Qualifying comparables9

Cap rate analysis

How does the asset earn?
3.03%
$91k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply11.7
Law Firm11.6
Garden Center10.8

Location

1010 Heathland Dr Huntsville, AL 35816
County assessor Recorded deeds · 6 transfers 9 qualifying comp sales 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1213 Jordan NW, Huntsville, AL 35816-3033 $157,500 May 2025 6,250 SF
1910 Sparkman NW, Huntsville, AL 35816-1124 $470,000 Jan 2024 5,000 SF
4700 Commercial NW, Huntsville, AL 35816-2204 $927,550 Aug 2023 10,000 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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