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702 Arcadia Cir NW 3,110 SF 100% Leased Office Building Huntsville, AL 35801 $399,900 ($128.59/SF) 5.60% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Convenient Location to Memorial Parkway and Downtown
  • Value Add
  • Multi-Tenant

EXECUTIVE SUMMARY

Calling All Investors! Value Add Fully Occupied 6 Unit Mini-Office Building. All Units Have Restroom. Full Brick, Zoned Light Industrial. Convenient Location Near Memorial Parkway and Downtown. Expenses Available. Please Do Not Disturb Tenants.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $36,992 $11.89
Other Income - -
Vacancy Loss - -
Effective Gross Income $36,992 $11.89
Taxes $3,315 $1.07
Operating Expenses - -
Total Expenses $3,315 $1.07
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $36,992
Annual Per SF $11.89
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $36,992
Annual Per SF $11.89
Taxes
Annual $3,315
Annual Per SF $1.07
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $3,315
Annual Per SF $1.07
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,110 SF
Building Class
C
Year Built
1977
Price
$399,900
Price Per SF
$128.59
Cap Rate
5.60%
NOI
$22,394
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,110 SF
Building FAR
0.17
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
L-I - Light Industrial

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Bahm Construction
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Manufacturing
  • -
  • -
  • -

For over 5 years, our business has helped a wide range of clients in northern Alabama reduce the energy costs associated with artificial lighting by bringing free, abundant daylight into their home or business. With a reputation for affordability, quality, custom installation and dedicated service, Skylight Options is a VELUX Skylight Specialist. From residential to commercial applications, Skylight Options proudly carries a full line of energy-efficient, architectural grade VELUX daylighting solutions - including skylights, SUN TUNNEL skylights and accessories. The best skylights on the market at a fair price.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Bahm Construction Professional, Scientific, and Technical Services - - -
Manufacturing - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-07-26-4-004-025.000
Land Assessment
$7,280
Improvements Assessment
$49,880
Total Assessment
$57,160
Annual Taxes
$3,315 ($1.07/SF)
Tax Year
2024
  • Listing ID: 37629727

  • Date on Market: 9/11/2025

  • Last Updated:

  • Address: 702 Arcadia Cir NW, Huntsville, AL 35801

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