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Property profile & analytics
OFF-MARKET Estimated value $1,105,000
Outlet malls

8501 Whitesburg SE Dr Huntsville, AL 35802-3011

12,000 SF 1.79 ac lot Built 1984
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US03-2018331
Property summary
AI-generated overview

This exceptional 29,500-square-foot retail property is situated in south Huntsville, offering a unique blend of functional spaces. The building boasts 20,000 square feet of fully climate-controlled flex space, perfect for adaptable business needs, complemented by 9,500 square feet of traditional warehouse space. This versatile layout caters to a wide range of commercial enterprises. The property's high visibility and prominent location on Whitesburg Drive ensure excellent brand recognition and accessibility. Its strategic location offers immediate access to one of Huntsville's major thoroughfares, Whitesburg Drive, and is less than half a mile from Memorial Parkway (Highway 231), providing convenient access for employees and customers. Furthermore, its proximity to Redstone Arsenal via Martin Road adds significant appeal for businesses serving or supporting the Arsenal's operations. The substantial lot size is a key advantage, providing ample space for extensive parking to accommodate a large workforce or clientele, or even a laydown yard for storage or equipment. This property presents a rare opportunity to acquire a well-positioned, versatile commercial space in a thriving Huntsville location. The entire building is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific requirements. The property is located in Madison County.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1984
Total area 12,000 SF
Lot 1.79 ac (77,755 SF)
APN 18-09-31-1-002-043.002
UPID US03-2018331
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
  • Goodwill Store & Donation Center Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.33M
Blend (final) Blend
$1.11M
Owner & transaction history
Alabama Goodwill Industries INC · 3 yrs held
Alabama Goodwill Industries INC
since 2023
4 recorded transactions
2023
Price N/A
2023
$1.5M
2017
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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