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Property profile & analytics
OFF-MARKET
Estimated value
$10,080,000
Retail space
5900 University NW Dr Huntsville, AL 35806-2522
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0981079
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Total area
37,390 SF
Lot
5.96 ac (259,443 SF)
APN
14-09-31-0-000-004.000
UPID
US03-0981079
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
-
Precision Personal Training Gym & Fitness Center
-
Whataburger Restaurant
-
Guitar Center (Bike/Boat/Book/etc) Store
-
Guitar Center Lessons Tutoring Service
-
Regions Bank (ATM) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.36M
CAP Approach
CAP
$7.03M
Comparable Approach
Comparable
$7.80M
Blend (final)
Blend
$10.08M
Owner & transaction history
Mpg Huntsville Plaza LLC · 3 yrs held
Mpg Huntsville Plaza LLC
since 2023
Last sale
$12.4M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.1M
+180.1%
Medical building
$7.6M
+31.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Huntsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntsville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$11,530,000
ML approach
$9,355,000
CAP Approach
CAP Return
Estimation
6%
$7,615,000
6.5%
$7,030,000
7%
$6,530,000
Alternative Use
Use
Estimation
RESTAURANT
$16,105,000
Change: +180% · Conversion: Easy
MEDICAL BUILDING
$7,570,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$10.08M
Range $9.07M – $11.09M · ±10% · vs last sale $12.39M (May 17 2023)
Last sale anchor
$12.39M
May 17 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$270 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$60,769
Tax year 2023
Assessed value
$1,047,740
Assessed 2023
Previous assessed
$959,660
+9.2% YoY
Effective rate
5.80%
On assessed value
Assessed land
$311,320
Assessed improvement
$736,420
Land market value
$1,556,600
Improvement market value
$3,682,100
Total market value
$5,238,700
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1997
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
37,390 SF
Lot
5.96 ac (259,443 SF)
APN
14-09-31-0-000-004.000
UPID
US03-0981079
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$16.1M
MEDICAL BUILDING
Est. value
$7.6M
RESTAURANT
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
5.96 ac
Current owner
From public records · entity-resolved
Mpg Huntsville Plaza LLC
Entity
Mailing address
8 W 40TH ST, NEW YORK, NY 10018-3902
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2023
$12,387,500
Mpg Huntsville Plaza LLC
Tcg Huntsville Plaza Holdings LLC
Warranty Deed
$6,000,000 · North Alabama Bank
Apr 8, 2022
$433,000
Tcg Huntsville Plaza Holdings LLC
Yale Huntsville LLC
Warranty Deed
—
May 2, 2013
$10,800,000
Yale Huntsville LLC
Np Huntsville LLC
Warranty Deed
$8,100,000 · Barclays Bank Plc
—
—
Np Huntsville LLC
—
Deed Of Trust
related
$9,300,000 · National City Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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