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Property profile & analytics
FOR SALE
Office buildings

3030 University Dr NW Huntsville, AL 35816

1,848 SF 1.6 ac lot Built 1989
Individually Owned 5-yr Hold Free & Clear
Property ID
US03-0230726
Property summary
AI-generated overview

This exceptional 10,783-square-foot car wash facility, located at 3030 University Dr NW in Huntsville, Alabama, presents a compelling investment opportunity. Currently vacant, the property offers significant potential for redevelopment or conversion to alternative commercial uses. Situated on a 1.6-acre lot in Madison County (zip code 35816), this single-story building was constructed in 1989 and is zoned for Light Industry. The asking price is $1,350,000, translating to $125.20 per square foot. The property's substantial size and versatile zoning provide ample flexibility for a variety of commercial ventures. Its prime location in Huntsville offers excellent visibility and accessibility, making it an attractive prospect for entrepreneurs and investors seeking a high-return investment. The property's existing infrastructure provides a solid foundation for future development, minimizing initial setup costs. This is a rare chance to acquire a significant commercial property in a thriving Alabama market. Serious inquiries are encouraged to explore the full potential of this unique opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction MIXED
Total area 1,848 SF
Lot 1.6 ac (69,827 SF)
APN 14-08-34-2-003-027.000
UPID US03-0230726
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
  • 1 Stop Auto Dealer Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
$385k
Comparable Approach Comparable
$489k
Blend (final) Blend
$530k
Owner & transaction history
Eiman Mahdi · 5 yrs held
Eiman Mahdi
since 2020
Last sale
$475,000
4 recorded transactions
2020
$477,000
2012
$475,000
2010
$954,000
2008
$550,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $375,000 +27.2%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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