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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1926 Rideout Dr Huntsville, AL 35806

    • Distribution centers
    • 6,600 SF
    • 2.20 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-0832874
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Distribution centers

    Property Details for 1926 Rideout Dr

    Year built
    2024
    Lot size
    2.20 lot acres
    Property size
    6,600 SF
    Property type
    Distribution centers

    Description

    This exceptional 6,600-square-foot warehouse space, situated on 2.2 acres in Northwest Huntsville, Alabama, is available for lease starting December 2024. The property boasts a brand-new construction, completed in 2024, offering a single-tenant occupancy. The warehouse features 6,000 square feet of unconditioned space and an additional 600 square feet of conditioned office space, ideal for a variety of industrial uses. The high ceilings, measuring 18 feet, provide ample vertical storage capacity. Two dock-high doors ensure efficient loading and unloading of goods. The property is zoned for County use within Madison County and enjoys a convenient location off Oakwood Drive, providing easy access to Research Park Boulevard (Highway 255), enhancing logistical efficiency for businesses. This prime location offers excellent connectivity to major transportation routes, making it an attractive option for companies seeking a strategic base of operations in the thriving Huntsville area. The property's size, modern amenities, and strategic location make it an ideal choice for businesses seeking a functional and accessible warehouse space. The zip code is 35806.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.6693863
    Latitude
    34.7553552

    Comparable in this City

    • $14 SF/Yr
      48,000 SF

      Research West Office Center

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      View Details
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      41,054 SF

      Huntsville Flex Space: Progress Center #7

      Prime Huntsville location, 8,904 SF available.
      6767 Old Madison Pike, Huntsville, AL 35806
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      20,000 SF

      Huntsville Warehouse: Build-to-Suit Opportunity

      New Class A Warehouse, 20,000 SF, Huntsville, AL
      264 Johns Rd, Huntsville, AL 35806
      View Details
    • $11 SF/Yr
      85,786 SF

      Huntsville Industrial Manufacturing Space

      85,786 SF Manufacturing/Warehouse in Huntsville, AL
      7272 Governors Dr, Huntsville, AL 35806
      View Details
    • Contact for pricing
      145,274 SF

      Huntsville Distribution Center

      Class A Warehouse, 145,274 SF
      6358 Research Park Blvd, Huntsville, AL 35806
      View Details
    • $9 SF/Yr
      10,500 SF

      Huntsville Warehouse: 10,500 SF

      Spacious Huntsville warehouse, ideal location.
      317 Nick Fitcheard Rd, Huntsville, AL 35806
      View Details

    Similar Nearby for Sale

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      Huntsville Warehouse - $2.5M

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    • $3,950,000
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      Huntsville Flex Space - $3.95M

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    • $3,750,000

      Unique Building in West Huntsville

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    • $1,199,000
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      Renovated Office Warehouse Space

      Renovated office warehouse in Huntsville with flexible layouts.
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      Spacegate Industrial Flex Space

      New 14,000 SF industrial flex space in Huntsville, AL.
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      Cummings Research Park Headquarters Facility

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    Similar Nearby for Lease

    • $11 SF/Yr
      85,786 SF

      Huntsville Industrial Manufacturing Space

      85,786 SF Manufacturing/Warehouse in Huntsville, AL
      7272 Governors Dr, Huntsville, AL 35806
      View Details
    • Contact for pricing
      145,274 SF

      Huntsville Distribution Center

      Class A Warehouse, 145,274 SF
      6358 Research Park Blvd, Huntsville, AL 35806
      View Details
    • Contact for pricing
      41,054 SF

      Huntsville Flex Space: Progress Center #7

      Prime Huntsville location, 8,904 SF available.
      6767 Old Madison Pike, Huntsville, AL 35806
      View Details
    • Contact for pricing
      20,000 SF

      Huntsville Warehouse: Build-to-Suit Opportunity

      New Class A Warehouse, 20,000 SF, Huntsville, AL
      264 Johns Rd, Huntsville, AL 35806
      View Details
    • $14 SF/Yr
      48,000 SF

      Research West Office Center

      Huntsville Industrial Space Available
      7262 Governors Dr, Huntsville, AL 35806
      View Details
    • $9 SF/Yr
      10,500 SF

      Huntsville Warehouse: 10,500 SF

      Spacious Huntsville warehouse, ideal location.
      317 Nick Fitcheard Rd, Huntsville, AL 35806
      View Details
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    Huntsville, AL 35806
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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