Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3305 8th SW Ave Huntsville, AL 35805-3615
    Back to Search
    Property profile & analytics

    3305 8th SW Ave, Huntsville, AL 35805-3615

    View on Map
    • Manufacturing properties
    • 2,500 SF
    • 0.23 lot acres
    Off-Market
    Last Sale Nov 17, 2022
    $106,400
    Property ID
    US03-0606814
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wicked Wrench of the South / Auto Repair Shop
    • JCK Automotive Sales LLC / Car Dealership

    Property Details for 3305 8th SW Ave

    Year built
    2003
    Lot size
    0.23 lot acres
    Property type
    Manufacturing properties
    APN
    17-02-03-4-004-015.000
    APU
    1702034004015000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 28, 2021 $600,000 Taylor K Campbell Michael W Campbell Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.6112
    Latitude
    34.7165
    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
    $1,645
    $2,260
    $26,100
    $28,360
    -
    $11,300
    $130,500
    $141,800

    Comparable in this City

    • Value Estimation by Request

      300 Sparkman NW Dr

      MANUFACTURING (LIGHT)
      300 Sparkman NW Dr, Huntsville, AL 35805-1912
      View Details
    • Value Estimation by Request
      223,500 SF

      140 Sparkman Dr

      Distribution properties
      140 Sparkman Dr, Huntsville, AL 35805
      View Details
    • Value Estimation
      $610,000
      9,256 SF

      2612 Hall NW Ave

      MANUFACTURING (LIGHT)
      2612 Hall NW Ave, Huntsville, AL 35805-2924
      View Details
    • Value Estimation
      $1,910,000
      39,960 SF

      4906 Research NW Dr

      MANUFACTURING (LIGHT)
      4906 Research NW Dr, Huntsville, AL 35805-5906
      View Details
    • Value Estimation by Request
      2,232 SF

      207 Lowry NW St

      MANUFACTURING (LIGHT)
      207 Lowry NW St, Huntsville, AL 35805-2953
      View Details
    • Value Estimation
      $6,285,000
      59,538 SF

      330 Wynn NW Dr

      MANUFACTURING (LIGHT)
      330 Wynn NW Dr, Huntsville, AL 35805-1965
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,153 SF

      Remodeled Building on Triana Blvd

      Recently remodeled mixed-use building with strong exposure and easy access.
      3124 SW Triana Blvd, Huntsville, AL 35805
      View Details
    • Contact for pricing

      Huntsville Flex Space For Sale

      8,125 SF flex space in central Huntsville location.
      3321 Triana Blvd SW, Huntsville, AL 35805
      View Details
    • Contact for pricing
      10,763 SF

      Huntsville Office/Warehouse/Industrial Space

      10,763 SqFt office, warehouse, and industrial space available.
      2613 Clinton Ave W, Huntsville, AL 35805
      View Details
    • Contact for pricing

      Versatile Flex Space Opportunity

      8,125 SF flex space suitable for various business needs.
      3321 Triana Blvd SW, Huntsville, AL 35805
      View Details
    • Contact for pricing

      Huntsville Commercial Lot For Sale

      Prime location lot suitable for retail, industrial, restaurant, office.
      2700 Hall Ave, Huntsville, AL 35805
      View Details
    • Contact for pricing
      44,285 SF

      Class A Office Asset

      Fully leased office space in Cummings Research Park.
      4904 Research Dr NW, Huntsville, AL 35805
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr

      Technology Drive Office/Lab Space

      Contiguous office and lab space in Huntsville's Research Park.
      6000 Technology Dr NW, Huntsville, AL 35805
      View Details
    • Contact for pricing
      8,700 SF

      Renovated Warehouse on Clinton Avenue

      Newly renovated warehouse space in Huntsville, high-traffic location.
      2611 Clinton Ave W, Huntsville, AL 35805
      View Details
    • Contact for pricing

      Huntsville Warehouse Space Available

      50,000 SF warehouse space for lease in Cumming Research Park.
      103 Wynn Dr NW, Huntsville, AL 35805
      View Details
    • Contact for pricing
      9,500 SF

      Huntsville Warehouse and Office Space

      9,500 SF warehouse with office space for lease.
      3215 SW Ivy Ave, Huntsville, AL 35805
      View Details
    • Contact for pricing

      Huntsville Flex/Industrial Property for Lease

      17,000 SF flex/industrial space in West Jordan Industrial Park.
      4820 Commercial Dr, Huntsville, AL 35805
      View Details
    • $2,200 /Mo

      Renovated Office Space with Storage

      Recently renovated office space with fenced yard and storage containers.
      223 Bailes St NW, Huntsville, AL 35805
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3305 8th SW Ave
    Huntsville, AL 35805-3615
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3305 8th SW Ave, Huntsville, AL, 35805
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!