For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Office Warehouse Space Title is generated by Realmo AI

    3010 University Drive, Huntsville, AL 35806

    View on Map
    Claim this Listing
    New
    For Sale
    $1,150,000

    COMMERCIAL - Huntsville, AL

    Property size:
    7,800 SF
    Lot size:
    0.47 Acres
    Price / SF:
    $147/SF
    Added:
    Jun 8, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 10 at 10:06 am

    Property Features for 3010 University Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    3
    Rooms
    Bathroom 2, Bathroom 1, Bathroom 3
    Standard status
    Active
    Size
    7,800 SF
    Lot size
    0.47 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete

    We can help!

    Listing Contact
    Shana Pride

    Listing agent Shana Pride License #116160

    Listing office Norluxe Realty Huntsville 3125 University Drive Ste C, Huntsville, AL

    Listing date Jun 8, 2026

    MLS# 21899144

    Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Beautifully renovated office warehouse space in the heart of Huntsville with open office layouts
    • Brand new HVAC system
    • Open industrial ceilings with concrete flooring
    • Multiple bathrooms, including Bathroom 1, Bathroom 2, and Bathroom 3
    • Includes spacious break rooms and an additional open section for multiple business uses
    • Served by public water and public sewer

    Overview

    This renovated office warehouse space combines office functionality with an open industrial-style warehouse environment. The interior includes open office layouts that can support private offices and conference rooms, along with spacious break rooms. An additional open section offers flexibility for a range of business uses, making the space adaptable to changing operational needs. Improvements include a brand new HVAC system and stylish open industrial ceilings, supporting a contemporary work-and-showroom feel.

    Located at 3010 University Drive in Huntsville, within Madison County, the property sits on a 0.47-acre lot. The commercial building totals 7,800 square feet, providing a practical footprint for companies seeking both office space and warehouse-style space in a single facility.

    The configuration is well suited for tenants or owner-occupants who want a turnkey, renovated workplace that can accommodate both customer-facing or meeting space and more functional open areas for operations. With the new HVAC system and flexible interior zones, the property can be used to support a variety of office-forward business models where an industrial ceiling aesthetic and adaptable floor plan are important.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $156.3k $20.04
    − Vacancy −$23.4k −$3.01
    EGI $132.9k $17.03
    − OpEx −$33.2k −$4.26
    NOI $99.6k $12.78
    7,800 SF · lease $20.04/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.42M
    $1.25M – $1.66M (±1% cap)
    NOI $99,649 @ 7.0% cap · market cap 8.67%
    Second Best
    Flex RnD
    $1.20M
    $1.05M – $1.40M (±1% cap)
    NOI $83,959 @ 7.0% cap · market cap 7.30%
    Theoretical Best
    Office A
    $2.03M
    $1.78M – $2.37M (±1% cap)
    NOI $142,178 @ 7.0% cap · market cap 12.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.615304
    Latitude
    34.735575

    FAQs

    What type of property is this?
    Flex space - Renovated office-warehouse layout with new HVAC and flexible open areas for modern operations.
    Where is this flex space located?
    The property is located at 3010 University Drive Huntsville, AL.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Beautifully renovated office warehouse space in the heart of Huntsville with open office layouts; Brand new HVAC system; Open industrial ceilings with concrete flooring
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message