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Property profile & analytics
OFF-MARKET Estimated value $4,900,000
Strip malls

200 Oakwood NE Ave Huntsville, AL 35811-1963

6,600 SF 8.58 ac lot Built 1984
Entity Owned 2-yr Hold Free & Clear
Property ID
US03-0846326
Property summary
AI-generated overview

Lincoln Center, a thriving 80,741 square foot neighborhood retail center in Huntsville, Alabama, offers exceptional opportunities for businesses seeking high visibility and convenient access. Located at 200 Oakwood Ave NE, 35811, this property boasts an 8.58-acre lot and provides 400 parking spaces for ample customer convenience. The center enjoys excellent accessibility, situated beside the I-565 on-ramp, offering easy connectivity to Highway 72 and Downtown Huntsville. This strategic location places businesses within reach of a substantial customer base in a growing retail corridor. Currently, there is 12,600 square feet of vacant space available, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 6,600 square feet, catering to a variety of business needs. Lincoln Center is experiencing significant growth, recently welcoming new tenants including Krab Kingz, Wave Restaurant & Lounge, Mexibbean Island Grill, and a local art and tattoo studio. Further enhancing the area's appeal, the adjacent Lincoln Mill, a 215,000 square foot former cotton mill, is undergoing a major redevelopment project, adding office, restaurant, and retail spaces, along with approximately 400 additional parking spaces. This revitalization project promises to further boost foot traffic and create a vibrant mixed-use environment. This is a rare opportunity to establish a presence in a dynamic and rapidly developing retail hub.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Construction WOOD
Total area 6,600 SF
Lot 8.58 ac (373,832 SF)
APN 14-07-25-3-001-002.000
UPID US03-0846326
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
  • Roses Discount Store Discount Store
  • Cinco de Mayo Restaurant
  • Envy Entertainment & Restaurant Bar & Pub Restaurant
  • Improv Entertainment Theater & Performing Art Venue Music Venue
  • Loan Till Payday Online Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.90M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.90M
Owner & transaction history
Mpg 200 Oakwood Avenue LLC · 2 yrs held
Mpg 200 Oakwood Avenue LLC
since 2024
Last sale
$4.9M
1 recorded transaction
2024
$4.9M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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