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    200 Industrial NW Dr Huntsville, AL 35811-1112
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    Property profile & analytics

    200 Industrial NW Dr, Huntsville, AL 35811-1112

    View on Map
    • Outlet malls
    • 4,946 SF
    • 1.27 lot acres
    Off-Market
    Property ID
    US03-0565542
    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.
    Value Estimations
    $580,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Atnip Design & Supply Center Inc / Hardware & Home Improvement

    Property Details for 200 Industrial NW Dr

    Year built
    1974
    Construction
    MIXED
    Lot size
    1.27 lot acres
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    14-01-12-4-000-011.000
    APU
    1401124000011000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 21, 2011 — Atnip Design Properties LLC — Trustees Deed · related $500k · Renasant Bank
    Dec 30, 2010 $162,000 Atnip Design Properties LLC Atnip,jerry D & Joanne Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $602,000
      Market price range: $415k - $1.23M
      AI Estimate
      $493,000
      Market price range: $267k - $929k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $760,000
      Current use
      OFFICE BUILDING
      $785,000
      Change: +3% Conversion: Easy
      COMMERCIAL (GENERAL)
      $735,000
      Change: -4% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.5742
    Latitude
    34.7896
    CBSA code
    26620
    CBSA name
    HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,316
    $8,880
    $48,300
    $57,180
    -
    $44,400
    $241,500
    $285,900

    Comparable in this City

    • Value Estimation
      $1,625,000
      18,405 SF

      2722 Park NW Dr

      WHOLESALE OUTLET, DISCOUNT STORE
      2722 Park NW Dr, Huntsville, AL 35811-1620
      View Details
    • Value Estimation
      $24,595,000
      161,790 SF

      2165 Winchester NE Rd

      WHOLESALE OUTLET, DISCOUNT STORE
      2165 Winchester NE Rd, Huntsville, AL 35811-9198
      View Details
    • Value Estimation by Request
      2,388 SF

      611 Winchester NE Rd

      WHOLESALE OUTLET, DISCOUNT STORE
      611 Winchester NE Rd, Huntsville, AL 35811-1043
      View Details
    • Value Estimation by Request
      5,000 SF

      429 Shields Rd

      WHOLESALE OUTLET, DISCOUNT STORE
      429 Shields Rd, Huntsville, AL 35811-8943
      View Details
    • Value Estimation
      $685,000
      6,000 SF

      2301 Washington NW Cir

      WHOLESALE OUTLET, DISCOUNT STORE
      2301 Washington NW Cir, Huntsville, AL 35811-1766
      View Details
    • Value Estimation by Request
      6,000 SF

      6503 Moores Ml Rd

      WHOLESALE OUTLET, DISCOUNT STORE
      6503 Moores Ml Rd, Huntsville, AL 35811-8301
      View Details

    Similar Nearby for Sale

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      5,400 SF

      Modern Retail Center Investment Opportunity

      Recently constructed retail center in high-growth Huntsville area.
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      2,124 SF

      Commercial Property on Winchester Road

      Commercial property in rapidly growing Northeast Huntsville area.
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      320 SF

      Huntsville Retail/Office/Warehouse Space For Sale

      High-traffic location suitable for store, office, or warehouse.
      1784 Highway 72 E, Huntsville, AL 35811
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    • $357,000
      2,627 SF

      Equipped Convenience Store on Busy Road

      Well-located, equipped convenience store with recent updates.
      2614 Huntsville Rd, Florence, AL 35811
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    • $3,215,000
      5.68 Acres

      Huntsville Development Opportunity

      5.68 acre commercial property in growing Huntsville area.
      Highway 72 E, Huntsville, AL 35811
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    • $1,466,000
      2.59 Acres

      Huntsville Commercial Development Opportunity

      2.59 acre commercial land with high visibility.
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    Similar Nearby for Lease

    • Contact for pricing

      Huntsville Retail Center For Sale

      80,741 SF retail center with high visibility and ample parking.
      200 Oakwood Ave NE, Huntsville, AL 35811
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    • Contact for pricing

      Huntsville Retail Center with Visibility

      Retail center in growing corridor with easy highway access.
      200 Oakwood Ave NE, Huntsville, AL 35811
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    • Contact for pricing

      Huntsville Retail Center Space Available

      Retail spaces available in high-visibility Huntsville location near I-565.
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      View Details
    • $40 SF/Yr
      2,600 SF

      Huntsville Retail Space For Lease

      Prime Huntsville location, 2600 sq ft available.
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      View Details
    • Contact for pricing

      Retail Center on Winchester Road

      Retail center with end suites available for rent.
      2515 Winchester Rd NE Huntsville Al 35811, Huntsville, AL 35811
      View Details
    • $5 SF/Yr
      18,000 SF

      Huntsville Warehouse and Yard Space

      Multi-building storage facility with convenient access to major thoroughfares.
      2308 Meridian St North, Huntsville, AL 35811
      View Details
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    Huntsville, AL 35811-1112
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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.

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