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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Retail space
1010 Jordan NW Ln Huntsville, AL 35816-3024
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US03-1034780
Property summary
AI-generated overview
This exceptional retail property, located at 1010 Jordan Lane Unit B in Huntsville, Alabama, offers 3,796 square feet of versatile space ideal for a variety of businesses. The unit boasts a spacious, climate-controlled area of approximately 1600 square feet with impressive 14-foot ceilings, providing a bright and airy atmosphere. A significant advantage is the inclusion of approximately 22,000 cubic feet of readily available storage space, perfect for inventory or equipment. The property also features dual restrooms for added convenience. Its strategic location places it in close proximity to the intersection of University Drive and Jordan Lane, ensuring high visibility and accessibility for customers and employees. This presents a unique opportunity for businesses seeking a well-appointed space in a high-traffic area of Huntsville. The asking price for this exceptional retail space is $1900. The property sits on a lot with no acreage listed. This property is listed as Retail. Serious inquiries only.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,796 SF
Lot
0.26 ac (11,456 SF)
APN
14-08-33-1-002-004.000
UPID
US03-1034780
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
ABC Toys (Bike/Boat/Book/etc) Store Arcade & Gaming Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$530k
Blend (final)
Blend
$515k
Owner & transaction history
Sky B LLC · 2 yrs held
Sky B LLC
since 2023
Last sale
$515,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$770,000
+31.6%
Office building
$605,000
+3.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Huntsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntsville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$480,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Alternative Use
Use
Estimation
RETAIL STORES
$585,000
Current use
MEDICAL BUILDING
$770,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$605,000
Change: +3% · Conversion: Easy
COMMERCIAL (GENERAL)
$560,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $515k (Sep 1 2023)
Last sale anchor
$515k
Sep 1 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$136 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,815
Tax year 2023
Assessed value
$48,540
Assessed 2023
Previous assessed
$42,520
+14.2% YoY
Effective rate
5.80%
On assessed value
Assessed land
$6,880
Assessed improvement
$41,660
Land market value
$34,400
Improvement market value
$208,300
Total market value
$242,700
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
3,796 SF
Lot
0.26 ac (11,456 SF)
APN
14-08-33-1-002-004.000
UPID
US03-1034780
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$585,000
MEDICAL BUILDING
Est. value
$770,000
OFFICE BUILDING
Est. value
$605,000
COMMERCIAL (GENERAL)
Est. value
$560,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Sky B LLC
Entity
Mailing address
2801 MEMORIAL PKWY SW, HUNTSVILLE, AL 35801-6519
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2023
$515,000
Sky B LLC
Le Roy A Salido
Warranty Deed
$412,000 · Cadence Bank NA
Mar 5, 2021
—
1409 Lancewood Owner LLC
1409 Lancewood LLC
Warranty Deed
—
Dec 4, 2018
—
Le Roy A Salido & Salido B Trust
—
Trustees Deed
related
$255,000 · North Alabama Bk
Jan 5, 2016
$470,000
Salido Le Roy A & Barbara J Trust
Garcia Rentals LLC
Warranty Deed
—
Mar 26, 2010
$255,000
Garcia Rentals LLC
Kingott LLC
Grant Deed
—
—
—
Garcia Rentals LLC
—
Deed Of Trust
related
$1,093,500 · Rbc Bank (usa)
—
—
Kingott LLC
—
Deed Of Trust
related
$179,982 · United Community Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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