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1580 Sparkman Dr 1,166 SF Office Condo Unit Offered at $119,000 in Huntsville, AL 35816

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INVESTMENT HIGHLIGHTS

Easy access and great central location

Energy efficient with new windows

EXECUTIVE SUMMARY

Brick building with great structure and establishment

PROPERTY FACTS

Total Building Size	30,000 SF	Year Built	1987
Property Type	Office (Condo)	Lot Size	0.30 AC
Building Class	C	Parking Ratio	0.09/1,000 SF
Floors	2	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Typical Floor Size	22,500 SF
Zoning	R2B - R2B for residential or business.

Total Building Size	30,000 SF
Property Type	Office (Condo)
Building Class	C
Floors	2
Typical Floor Size	22,500 SF
Year Built	1987
Lot Size	0.30 AC
Parking Ratio	0.09/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R2B - R2B for residential or business.

24 Hour Access

Signage

Reception

Air Conditioning

1 UNIT AVAILABLE

Unit 205

Unit Size	1,166 SF	Sale Type	Investment or Owner User
Price	$119,000	Cap Rate	9.30%
Price Per SF	$102.06	NOI	$11,067
Condo Use	Office

Unit Size	1,166 SF
Price	$119,000
Price Per SF	$102.06
Condo Use	Office
Sale Type	Investment or Owner User
Cap Rate	9.30%
NOI	$11,067

SALE NOTES

Occupied through 2/28/26. Current tenant pays $975/month, but is due for a sizeable increase. A certification teacher in haircare currently occupies the space. There are 4 individual offices in the suite with a large 20x25 conference area, kitchen, two bathrooms (one at entrance in reception area and another in the back). The entire suite was remodeled a year ago with LVP flooring, paint, electrical, kitchen cabinet and appliances, water heater, bathrooms etc. In a good central Huntsville location.