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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Manufacturing properties
2102 Fry SW Way Huntsville, AL 35801-5340
Entity Owned
1-yr Hold
Free & Clear
Property ID
US03-0797646
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1985
Construction
MIXED
Total area
11,760 SF
Lot
0.57 ac (24,996 SF)
APN
17-01-11-4-000-036.000
UPID
US03-0797646
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
-
Pentar Incorporated Industrial Manufacturer Production Facility
-
Smart Leveler General Contractor
-
Business Records Management Services Storage Facility
-
Recon Outdoors Hunting Club
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
$849k
Blend (final)
Blend
$1.06M
Owner & transaction history
2102 West Ferry LLC · 1 yrs held
2102 West Ferry LLC
since 2025
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+125.9%
Retail stores
$1.7M
+122.0%
Warehouse, storage
$785,000
+1.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Huntsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntsville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,240,000
6.5%
$1,145,000
7%
$1,060,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$770,000
Current use
COMMERCIAL (GENERAL)
$1,740,000
Change: +126% · Conversion: Difficult
RETAIL STORES
$1,710,000
Change: +122% · Conversion: Moderate
WAREHOUSE, STORAGE
$785,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $1.13M (Feb 8 2025)
Last sale anchor
$1.13M
Feb 8 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$90 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,141
Tax year 2023
Assessed value
$123,120
Assessed 2023
Previous assessed
$101,920
+20.8% YoY
Effective rate
5.80%
On assessed value
Assessed land
$11,240
Assessed improvement
$111,880
Land market value
$56,200
Improvement market value
$559,400
Total market value
$615,600
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1985
Construction
MIXED
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
11,760 SF
Lot
0.57 ac (24,996 SF)
APN
17-01-11-4-000-036.000
UPID
US03-0797646
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$770,000
COMMERCIAL (GENERAL)
Est. value
$1.7M
RETAIL STORES
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$785,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
MIXED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
2102 West Ferry LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2102 W FRY WAY SWB, HUNTSVILLE, AL 35801-5340
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2025
$1,127,500
2102 West Ferry LLC
West Ferry Way Properties II LLC
Warranty Deed
—
Jul 1, 2021
—
West Ferry Way Properties II LLC
—
Deed
related
$201,301 · Synovus Bank
Mar 9, 2016
$365,600
West Ferry Way Props II LLC
West Ferry Way Properties LLC
Grant Deed
related
—
Jun 2, 2014
$500,000
West Ferry Way Properties LLC
First Huntsville Associates
Deed
$425,000 · First Commercial Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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