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

    2030 Cecil Ashburn Dr Huntsville, AL 35802

    • Investment properties
    • 15,508 SF
    • 2.06 lot acres
    For Lease
    View listing
    $26 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-0459169
    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

    • Allstar Barbers / Barber Shop
    • Ala Outdoors / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
    • Valerie Farrar / Physician
    • The End Zone Jones Valley / Restaurant
    • Burn Boot Camp / Gym & Fitness Center

    Property Details for 2030 Cecil Ashburn Dr

    Year built
    2004
    Lot size
    2.06 lot acres
    Property size
    15,508 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    18-05-21-0-000-006.002
    APU
    1805210000006002

    Description

    This exceptional retail opportunity is located at 2030 Cecil Ashburn Dr SE in Huntsville, Alabama, within the desirable Jones Valley area. The property, known as Jones Valley Station, offers a total of 15,900 square feet of commercial space, currently featuring two available suites totaling 4,800 square feet. Each suite offers a minimum of 2,400 square feet of contiguous space, ideal for a variety of retail or restaurant uses. The property boasts excellent visibility and ample parking, ensuring convenient access for customers. Situated in Madison County, the center is zoned C1 - Neighborhood Business District, providing flexibility for various business types. The strategic location on Cecil Ashburn Drive, just east of Carl T Jones Drive/Bailey Cove Road, places the property in a high-traffic area with strong potential for customer reach. This is a prime opportunity for businesses seeking a well-located, spacious, and highly visible retail presence in a thriving Huntsville neighborhood. The property's two suites provide flexibility for single or multi-tenant occupancy, making it an attractive option for both established businesses and new ventures. Contact us today to learn more about this exceptional retail space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,120,000
      6.5%
      $2,880,000
      7%
      $2,675,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,824,000
      Market price range: $1.18M - $3.82M
      AI Estimate
      $2,039,000
      Market price range: $546k - $2.04M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,300,000
      Current use
      MEDICAL BUILDING
      $3,140,000
      Change: +37% Conversion: Easy
      OFFICE BUILDING
      $2,465,000
      Change: +7% Conversion: Easy
      RETAIL STORES
      $2,385,000
      Change: +4% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.5369
    Latitude
    34.6716
    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
    $27,490
    $215,280
    $258,680
    $473,960
    -
    $1,076,400
    $1,293,400
    $2,369,800

    Comparable in this City

    • Value Estimation
      $4,015,000
      22,150 SF

      2124 Cecil Ashburn SE Dr

      STORE/OFFICE (MIXED USE) • 22,150 SF
      2124 Cecil Ashburn SE Dr, Huntsville, AL 35802-2574
      View Details
    • Value Estimation
      $4,130,000
      29,520 SF

      8920 Memorial SW Pkwy

      STORE/OFFICE (MIXED USE) • 29,520 SF
      8920 Memorial SW Pkwy, Huntsville, AL 35802-3029
      View Details
    • Value Estimation
      $950,000
      6,000 SF

      8415 Whitesburg SE Dr

      STORE/OFFICE (MIXED USE) • 6,000 SF
      8415 Whitesburg SE Dr, Huntsville, AL 35802-3053
      View Details
    • Value Estimation
      $520,000
      0.67 Acres

      9020 Memorial SW Pkwy

      STORE/OFFICE (MIXED USE) • 0.67 Acres
      9020 Memorial SW Pkwy, Huntsville, AL 35802-3070
      View Details
    • Value Estimation
      $1,710,000
      14,300 SF

      9013 Memorial SE Pkwy

      STORE/OFFICE (MIXED USE) • 14,300 SF
      9013 Memorial SE Pkwy, Huntsville, AL 35802-3026
      View Details
    • Value Estimation
      $885,000
      4,750 SF

      7900 Bailey Cv SE Rd

      STORE/OFFICE (MIXED USE) • 4,750 SF
      7900 Bailey Cv SE Rd, Huntsville, AL 35802-3324
      View Details

    Similar Nearby for Sale

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      Residential Land in Gated Community

      Residential land in Huntsville's premier golf course community.
      4 Ridge Dr South, Huntsville, AL 35802
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      110,000 SF

      Main Street South Retail Center

      Prime Retail & Restaurant Space Available
      7500 Memorial Pkwy, Huntsville, AL 35802
      View Details
    • $1,200 /Mo
      1,200 SF

      Updated Condo with Community Pool

      Two-bedroom condo with modern finishes, pool access, and convenient location.
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      View Details
    • $21 SF/Yr
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      Huntsville Retail Space For Rent

      Retail suites available in Huntsville, recently renovated with resurfaced parking.
      9009 Memorial Pkwy SW, Huntsville, AL 35802
      View Details
    • Contact for pricing
      48,098 SF

      5000 Whitesburg Dr

      Retail properties • 48,098 SF
      5000 Whitesburg Dr, Huntsville, AL 35802
      View Details
    • $26 SF/Yr
      15,900 SF

      Jones Valley Retail Center

      Huntsville Retail Space Available
      2030 Cecil Ashburn Dr, Huntsville, AL 35802
      View Details
    • Contact for pricing
      11,675 SF

      Huntsville Office Space For Lease

      New 2024 Office Building, Prime Location
      2626 Carl T Jones Dr, Huntsville, AL 35802
      View Details
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    Huntsville, AL 35802
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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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