12310 Memorial Pkwy South, Unit SW Huntsville, AL 35803
- Retail properties
- 4,140 SF
- 0.23 lot acres
Current Use by Public Records
- Bailey Stone LLC / Countertop Contractor
Property Details for 12310 Memorial Pkwy South
- Year built
- 1988
- Lot size
- 0.23 lot acres
- Property size
- 4,140 SF
- Property type
- Retail properties
- APN
- 23-04-18-0-002-013.000
- APU
- 2304180002013000
Description
This vacant, 4,140 square foot commercial building presents a unique investment opportunity in Huntsville, Alabama. Located at 12310 Memorial Pkwy SW, this property boasts high visibility on a major thoroughfare within the rapidly expanding Huntsville market. Built in 1988, the single building sits on a 0.23-acre lot (APN: 23-04-18-0-002-013.000) and is zoned for retail, office, and industrial uses, offering exceptional flexibility for a variety of businesses. Its executive office and warehouse space combination caters to diverse operational needs. The property's prime location in Madison County, zip code 35803, ensures easy access to major amenities and a large pool of potential employees and customers. This is an excellent chance to capitalize on Huntsville's thriving economy and establish a strong presence in a high-traffic area. The asking price is $619,000. The property is currently vacant, allowing for immediate occupancy and customization to suit specific business requirements. This presents a rare opportunity to acquire a well-situated commercial property in one of Alabama's fastest-growing cities. The property's versatility, location, and asking price make it an attractive investment for both established businesses and new ventures seeking a strategic foothold in the Huntsville market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $240,000
- 6.5%
- $250,000
- 7%
- $225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $270,000
- Geo Method
- $235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $270,000
- Mixed-Use
- $205,000
- Hospitality
- $200,000
- Educational
- $225,000
- Residential Income
- $225,000
- Energy
- $195,000
- Income-Based Land
- $215,000
- Food Service
- $245,000
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.5653
- Latitude
- 34.6066
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA
