10116 Memorial Pkwy N, Huntsville, AL 35810
This exceptional 9.5-acre property, located at 10116 N Memorial Pkwy in Huntsville, Alabama (zip code 35810), presents a unique investment opportunity. Currently zoned R2B, this mixed-use parcel boasts 455 feet of road frontage along Memorial Parkway, offering significant visibility and accessibility. The property's strategic location is just south of the under-construction northern extension of Research Park Boulevard (SR-255), promising increased traffic and enhanced commercial potential. The city's proposed rezoning of neighboring properties to C4 further suggests future development opportunities. The site previously operated as a junkyard; existing buildings are sold "as is." This versatile land is suitable for a variety of commercial uses, including auto shops, warehouses, and retail establishments, making it an ideal investment for developers and entrepreneurs seeking a high-traffic location in a rapidly growing area of Huntsville, Madison County, Alabama. The property's size and location offer substantial potential for future development and significant return on investment. Latitude and longitude coordinates are 34.8201805, -86.5696676 respectively. The asking price for this exceptional property is $2,000,000.
-
Davis Foreign Auto Parts Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.