3111 Memorial PkwyHuntsville, AL 35810

For Sale
$349,000 View listing
  • Sports & entertainment properties
  • 1,756 SF

Property Details for 3111 Memorial Pkwy

Year built
2009
Construction
WOOD
Lot size
0.62 AC
Property size (Sq ft)
1,756 SF
Property type
Sports & entertainment properties
APN
14-06-24-2-001-072.000
APU
1406242001072000

Description

This exceptional 0.62-acre commercial land parcel, totaling 27,042 square feet, presents a unique opportunity for development in Huntsville, Alabama. Located at 3111 Memorial Pkwy NW, this vacant lot boasts 115 feet of frontage on a high-traffic access road to Memorial Parkway, which sees 43,000 vehicles daily, ensuring maximum visibility for your business. The property's existing structure, totaling 3,474 square feet, can be demolished to accommodate your ideal build. Zoned LI (Light Industrial), this versatile site allows for a wide range of uses, including retail, storage facilities, drive-thru restaurants, office spaces, and medical facilities. Its strategic location offers convenient access to major roadways and highways, guaranteeing a steady flow of potential customers. The area also benefits from the proximity of high-performing fast-food restaurants such as McDonald's, Wendy's, and Popeye's, all ranking within the top 3% in Alabama according to Placer.ai. A large pylon sign is already in place, further enhancing visibility and marketing potential. This is an exceptional opportunity to establish a thriving business in a high-demand location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $425,112
    Hospitality
    $389,400
    Educational
    $323,977
    Medical
    $335,119
    Retail
    $503,963
3111 Memorial Pkwy, Huntsville, Alabama

Location Insight

City
Huntsville
County
Madison
State
Alabama
Latitude
34.7656
Longitude
-86.5887
CBSA code
26620
CBSA name
HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,862
$27,140
$22,200
$49,340
-
$135,700
$111,000
$246,700

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