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4628 Commercial NW Dr Huntsville, AL 35816-2202

OFF-MARKET Retail properties & Spaces Google Maps
7,500 SF 0.43 ac lot Built 1977
Individually Owned 1-yr Hold Free & Clear
Estimated value (blended)
$555k
Range $500k – $611k (±10%)
Property ID US03-0855596

Property summary

AI-generated overview

This exceptional 8,250-square-foot industrial property in Huntsville, Alabama, presents a unique investment opportunity. Located at 4628 Commercial Dr NW, 35816, this fee-simple property boasts a versatile design ideal for various uses, encompassing flex, manufacturing, and warehouse functionalities. Built in 1977, the single-story building features a spacious 7,400-square-foot warehouse area, partially heated and cooled, complemented by approximately 850 square feet of office space. The office area includes four individual offices and a reception area. The property sits on a 0.43-acre lot and includes a substantial 7,500-square-foot paved and fenced parking lot, providing ample space for approximately 15 vehicles. Three drive-in doors facilitate efficient loading and unloading. The ceiling height ranges from 12 to 14 feet, offering excellent vertical space. The property is zoned LI and is offered at $618,750, translating to $75 per square foot. The current owner is open to a short-term leaseback arrangement. This property offers a compelling blend of functionality, location, and potential, making it an attractive investment prospect in the thriving Huntsville market.

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1977
Total area 7,500 SF
Lot 0.43 ac (18,800 SF)
APN 14-08-33-1-001-026.000
UPID US03-0855596

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$555k

Owner & transaction history

since 2024
Last sale
$400,000
5 recorded transactions
2024
$600,000
2022
$400,000
2018
$230,000
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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