2501 Oakwood Avenue Nw, Huntsville, AL 35810

$1,800,000

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List Price
$1,800,000
Status
ACTIVE
Days on Market
53
MLS#
21920396
Subtype
Business Opportunity
Lot Size
95,832
Acres
2.20

Property Description

Prime neighborhood retail asset totaling 19,683 SF along Oakwood Ave. The established center offers strong visibility, steady daily traffic, & reliable customer flow driven by dense surrounding rooftops, schools, churches, & service businesses. Current NOI is approximately $151,869, reflecting an 8.4% cap rate. Many existing rents are significantly below market, allowing a new owner immediate value-add potential. Minutes from Memorial Parkway, University Dr, & downtown, the property is well positioned for long-term demand.

Additional Information

Air Conditioning
Central Air
Levels
One
Parking Features
Parking Lot

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Capstone Realty.

Listing data is derived in whole or in part from NALMLS and is for consumers' personal, non-commercial use only. All data should be independently verified..

This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed.