New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,220,000
Warehouses
1220 Retail NW Dr, Huntsville, AL 35816-2224
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0696657
Property summary
AI-generated overview
This exceptional Huntsville, Alabama commercial property, located at 1220 Retail Dr NW, 35816, offers 82,559 square feet of warehouse space, ideal for multiple tenants. The property features nine individual suites, with 80,659 square feet currently available. The building boasts a substantial 27-foot ceiling height, providing ample vertical space for storage or high-volume operations. Ten convenient drive-in doors facilitate efficient loading and unloading. Situated on a 6.1-acre lot, the property enjoys easy access to both Highway 72 and Highway 565, offering excellent connectivity to the wider Huntsville area and beyond. The property is zoned LI and is conveniently located minutes from downtown Huntsville. The owner is open to combining available spaces to accommodate specific tenant requirements. This versatile property presents a unique opportunity for businesses seeking flexible and strategically located warehouse space in a thriving market. Detailed floor plans are available upon request.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Total area
84,600 SF
Lot
1.8 ac (78,408 SF)
APN
14-08-33-2-001-008.000
UPID
US03-0696657
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
-
Dixie Moving & Storage Inc Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$2.22M
Owner & transaction history
Mdb Nkb Partners LLC · 1 yrs held
Mdb Nkb Partners LLC
since 2024
Last sale
$2.4M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.22M
Range $2.00M – $2.44M · ±10% · vs last sale $2.43M (Aug 21 2024)
Last sale anchor
$2.43M
Aug 21 2024
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
$26 / 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
$21,984
Tax year 2023
Assessed value
$379,040
Assessed 2023
Previous assessed
$339,980
+11.5% YoY
Effective rate
5.80%
On assessed value
Assessed land
$52,420
Assessed improvement
$326,620
Land market value
$262,100
Improvement market value
$1,633,100
Total market value
$1,895,200
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1976
Heating
SPACE
Stories
1
Units
1
Total area
84,600 SF
Lot
1.8 ac (78,408 SF)
APN
14-08-33-2-001-008.000
UPID
US03-0696657
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
Building & site characteristics
From public records
Year built
1976
Heating
SPACE
Stories
1
Units
1
Lot
1.8 ac
Current owner
From public records · entity-resolved
Mdb Nkb Partners LLC
Entity
Mailing address
102 NEVIN CIR, HUNTSVILLE, AL 35806-3012
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2024
$2,425,000
Mdb Nkb Partners LLC
Tina G Littleson
Warranty Deed
—
Mar 19, 2021
—
Tina G Littleson
Tina G Littleson
Intrafamily Transfer
related
—
Jun 27, 2018
—
Fred W Whiddon
—
Deed
related
$400,000 · Southern States Bank
Mar 10, 2014
—
Fred W Whiddon
Whiddon,barbara M
Affidavit Of Death
related
—
—
—
Fred W Whiddon
—
Deed Of Trust
related
$410,000 · Reliance Bank
—
—
Fred W Whiddon
—
Deed Of Trust
related
$125,000 · Capitalsouth 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1220 Retail NW Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
