Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Investment properties
8415 Whitesburg SE Dr Huntsville, AL 35802-3053
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US03-0645137
Property summary
AI-generated overview
This newly renovated, 15,000 square foot retail center at 8415 Whitesburg Drive in Huntsville, Alabama offers seven suites, with 11,423 square feet currently available. Spaces range from 919 to 6,000 contiguous square feet, ideal for a variety of retail tenants. Located in Madison County's desirable Jones Valley area, the property benefits from high visibility and convenient access to major transportation routes, including North and South Memorial Parkway. Its strategic location near Grissom High School, the post office, and numerous local amenities ensures consistent foot traffic and a strong customer base. The surrounding area is anchored by affluent neighborhoods, providing a steady stream of potential customers. The property underwent renovations in 2023, offering modern and updated spaces for businesses. This single-story building presents a fantastic opportunity for businesses seeking a prime retail location in a thriving Huntsville community. The property's convenient access and strong demographics make it an attractive investment for businesses looking to establish or expand their presence in this dynamic market.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2002
Total area
6,000 SF
Lot
2.36 ac (102,976 SF)
APN
18-09-31-1-002-043.000
UPID
US03-0645137
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
-
Jorge De Aguinaga Photography Photography Service (Bike/Boat/Book/etc) Store
-
Caity's Pet Grooming Pet Grooming Service
-
Serenity Hair Studio Hair Salon Nail Salon
-
Venue4You Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$789k
Blend (final)
Blend
$950k
Owner & transaction history
Tiger Tracs LLC · 10 yrs held
Tiger Tracs LLC
since 2016
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+36.6%
Office building
$955,000
+7.4%
Retail stores
$925,000
+3.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,210,000
6.5%
$1,115,000
7%
$1,035,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$890,000
Current use
MEDICAL BUILDING
$1,215,000
Change: +37% · Conversion: Easy
OFFICE BUILDING
$955,000
Change: +7% · Conversion: Easy
RETAIL STORES
$925,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10%
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
$158 / 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
$17,922
Tax year 2023
Assessed value
$309,000
Assessed 2023
Previous assessed
$250,280
+23.5% YoY
Effective rate
5.80%
On assessed value
Assessed land
$82,380
Assessed improvement
$226,620
Land market value
$411,900
Improvement market value
$1,133,100
Total market value
$1,545,000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2002
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
6,000 SF
Lot
2.36 ac (102,976 SF)
APN
18-09-31-1-002-043.000
UPID
US03-0645137
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
COMMERCIAL (GENERAL) Current
Est. value
$890,000
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$955,000
RETAIL STORES
Est. value
$925,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
2002
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
4
Bathrooms
1
Lot
2.36 ac
Current owner
From public records · entity-resolved
Tiger Tracs LLC
Entity
Mailing address
2470 DUG HL RD, BROWNSBORO, AL 35741-9255
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2024
—
Tiger Tracs LLC
—
Deed
related
$1,833,673 · C Mark Russell & Cynthia J Russel
May 17, 2016
$1,200,000
Tiger Tracs LLC
Parent Ents LLC
Warranty Deed
$960,000 · Parent Ents LLC
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.
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?”
You own 8415 Whitesburg SE Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
