3000 Memorial SW Pkwy Huntsville, AL 35801-5303
This exceptional investment opportunity presents a 62,565 square foot shopping center situated on a 7.1-acre corner lot in Huntsville, Alabama. Located at 3000 Memorial Pkwy NW, 35810, this Class B, single-story retail property boasts a prime location just minutes from downtown Huntsville and surrounded by a substantial residential population. Built in 1963 and renovated in 2015, the property features a multi-tenant occupancy with a 50% occupancy rate. Key tenants include Simply 10 and Value Village as anchors, with Title Max occupying one of two separate buildings on the site. Ample surface parking is available for customers and tenants. The property is zoned for Neighborhood Center use, offering significant value-add potential for a savvy investor. The asking price is $4,500,000, translating to $71.93 per square foot. This property offers a compelling combination of established tenants, convenient location, and considerable upside potential in a thriving market. The property's APN is 14-06-24-2-001-049.000. This is a rare opportunity to acquire a well-positioned retail center with strong anchor tenants and significant growth potential in a rapidly developing area of Huntsville.
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Amie's African Hair Braiding Hair Salon
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MK Wings II Memorial Pkwy NW Restaurant
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Supreme Auto Brokers LLC Car Dealership
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TitleMax Title Pawns Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.