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Property profile & analytics
OFF-MARKET Estimated value $550,000
Outlet malls

3450 Hwy 53 Huntsville, AL 35806-1422

3,750 SF 1.8 ac lot Built 1987
Entity Owned 13-yr Hold Free & Clear
Property ID
US03-0754902
Property summary
AI-generated overview

This exceptional 1,200 square foot retail space, located at 3450 Highway 53, Unit F, in Huntsville, Alabama, presents a remarkable opportunity for businesses seeking high visibility and strong foot traffic. Situated within a larger 43,000 square foot retail center, this unit benefits from its construction in 2014 and its strategic location at the intersection of Highway 53 and Research Park Boulevard, a high-traffic area boasting over 40,000 vehicles daily. The property's prime location ensures excellent exposure to a diverse customer base. The surrounding area is anchored by a mix of established national and regional tenants, creating a synergistic environment for success. Furthermore, the proximity to newly constructed apartment complexes and the University of Alabama, Huntsville, contributes to a consistently high volume of pedestrian traffic, providing significant potential for increased customer engagement and sales. The asking price for this well-positioned retail space is $2,500. This is an ideal opportunity for businesses seeking a thriving location with strong visibility and a robust customer base. The unit is ready for immediate occupancy.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1987
Construction MIXED
Total area 3,750 SF
Lot 1.8 ac (78,408 SF)
APN 14-04-18-0-001-007.000
UPID US03-0754902
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
  • Car and Shine Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$705k
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k
Owner & transaction history
Lilly LLC · 13 yrs held
Lilly LLC
since 2013
1 recorded transaction
2013
$330,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $760,000 +31.6%
Office building $595,000 +3.5%
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