Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

7244 Bailey Cove Rd SE Huntsville, AL 35802

FOR LEASE
Medical Office Space
Property ID
US03-2625238
8,444 SF 0.73 ac lot Built 2015
Last sale Aug 2014 · $403,287
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$377k
Assessed land$76k
Assessed improvement$301k
Effective rate5.80%

Value estimate

· Oct 2026
$430k
$387k – $473k
CAP approach$1.69M
Submarket $/SF estimate$2.17M
NOI build-up
Gross scheduled income$104k
Vacancy & credit loss−$16k
Operating expenses−$22k
NOI · 315,857.14% cap applied$66k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$202/SF
Submarket average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$166 – $257
Qualifying comparables3

Cap rate analysis

How does the asset earn?
315,857.14%
$66k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMADISON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.3
Realty agency15.6
Hair Salon14.9

Location

7244 Bailey Cove Rd SE Huntsville, AL 35802
County assessor Recorded deeds · not on file 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
112 Lily Flagg SE, Huntsville, AL 35802 $515,000 Aug 2024 1,613 SF
7850 Memorial SW, Huntsville, AL 35802-2224 $420,000 Jul 2021 3,674 SF
115 Queensbury SW, Huntsville, AL 35802-1501 $1,355,250 Jul 2020 4,086 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
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
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
Why this one?
Saved