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    3322 S Memorial Pkwy Huntsville, AL 35801

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    Varied commercial spaces available in Huntsville, Alabama.

    Type:Retail, Office
    Added:
    Jan 5, 2021
    Days on Market:
    1945
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 3322 S Memorial Pkwy

    General Information

    Standard status
    Active
    Property subtype
    Retail, Office

    Spaces For Lease

    at 3322 S Memorial Pkwy Contact us

    Suite 533 $14 /Mo

    Size
    446 SF
    Type
    Office, Retail
    Contact us

    Suite 524 $12 /Mo

    Size
    940 SF
    Type
    Office, Retail
    Salon space available with separate rooms.
    Contact us

    Suite 526 $11 /Mo

    Size
    830 SF
    Type
    Office
    This suite has 4 offices, entry/sitting area, kitchenette and restroom.
    Contact us

    Suite 624B $16 /Mo

    Size
    214 SF
    Type
    Office
    This is a private office in an office pod with shared entry, restroom and kitchenette....
    show more
    Contact us

    Suite 531 $13 /Mo

    Size
    682 SF
    Type
    Office, Retail
    Salon space.
    Contact us

    Suite 640 $12 /Mo

    Size
    490 SF
    Type
    Office, Retail
    Contact us

    Suite 535B $19 /Mo

    Size
    126 SF
    Type
    Office, Retail
    Small room in a shared space pod. $255 per month.
    Contact us

    Suite 626A $13 /Mo

    Size
    390 SF
    Type
    Office, Retail
    This open area has a sink for hair and shares a lobby and restrooms with others in...
    show more
    Contact us

    Suite 632 $14 /Mo

    Size
    376 SF
    Type
    Office
    This suite has two rooms, storage area & a restroom. 2nd floor, but there is an elevator....
    show more
    Contact us

    Suite 537 $12 /Mo

    Size
    848 SF
    Type
    Office
    This suite has a large open area, 2 offices and a large bath.
    Contact us

    Suite 535E $24 /Mo

    Size
    80 SF
    Type
    Office
    Contact us

    Suite 647 $15 /Mo

    Size
    414 SF
    Type
    Office
    Two nice size rooms with natural light. Your own private restroom.
    Contact us

    Suite 628 $13 /Mo

    Size
    631 SF
    Type
    Office
    This suite is great for office or retail with two larger open areas and a restroom.
    Contact us

    Suite 605 $14 /Mo

    Size
    487 SF
    Type
    Office, Retail
    Nice size salon space on the first floor.
    Contact us

    Suite 633 $14 /Mo

    Size
    373 SF
    Type
    Office
    Contact us

    Suite 645F $14 /Mo

    Size
    202 SF
    Type
    Retail, Office
    Nice size suite in pod with shared lobby and restroom.
    Contact us
    Show more

    We can help!

    Listing Contact
    Terri Dean, CCIM

    Listing agent Terri Dean, CCIM License #AL 68080

    Listing office Dean Commercial Real Estate

    Listing date Jan 5, 2021

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Dean Commercial Real Estate

    Overview

    Huntsville Commercial Spaces for Rent

    Commercial spaces are available for rent in Huntsville, Alabama. The spaces range in size, accommodating both small startups and larger professional offices. Options include single-room offices and suites with up to six rooms. Availability varies, so current listings should be requested.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pinnacle Financial Group ... Financial Advisor MercData (Bike/Boat/Book/etc) Store Ultimate Hair Designs Hair Salon Syntech Computer Repair Computer & Electronic Repair Dental Assistant Training ... Dental Office

    Suggested Use

    Restaurant Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Dental Office Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.5854023
    Latitude
    34.6973244

    Nearby Similar for Lease

    • $3,000/Mo

      Huntsville Commercial Space with Shop

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    • $15,000/Mo

      Downtown Huntsville Flexible Office Space

      Flexible office space in downtown Huntsville, from 150 to 7,000 SF.
      800 Clinton Avenue E, Huntsville, AL 35801
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    • $7,318/Mo

      Huntsville Commercial Space For Rent

      Medical/Retail/Office space with excellent visibility and central location.
      4550 University Drive, Huntsville, AL 35816
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    • $1,700/Mo

      Huntsville Office Space For Lease

      Two-story office building with available suites for lease.
      1775 Jeff Road unit: B, Huntsville, AL 35806
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      Huntsville Office Space For Lease

      Two-story office building with available suites and detached garage.
      1775 Jeff Road unit: A, Huntsville, AL 35806
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    • $600/Mo

      Huntsville Office Space For Rent

      Office space for rent with utilities and internet included.
      3113 Ivy Avenue, Huntsville, AL 35805
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    • $1.00 SF/Yr

      Huntsville Retail or Office Space

      High-visibility commercial building suitable for retail or office use.
      6485 University Drive NW, Huntsville, AL 35806
      View Details
    • $15 SF/Yr

      Office with Storage and Yard

      3200 sq ft office with storage and fenced yard.
      152 Bo Cole Rd, Unit 1, Huntsville, AL 35806
      View Details
    • $2,200/Mo

      Huntsville Commercial Space For Rent

      Ground-floor commercial space suitable for office or service-based business.
      2311 Market Place unit: C, Huntsville, AL 35801
      View Details
    • $1,500/Mo

      Huntsville Office/Retail Plaza For Rent

      Multi-tenant plaza with leasable space, strong visibility, and on-site parking.
      4206 NW Oakwood Avenue unit: 102, Huntsville, AL 35810
      View Details
    • $2,250/Mo

      Historic Building in Downtown Huntsville

      Historic building with lounge, restaurant, and office spaces for rent.
      205 E Side Square, Huntsville, AL 35801
      View Details
    • $1,994/Mo

      Huntsville Office/Retail Space Available

      1,112 SF office/retail space near Huntsville Hospital.
      2107 Whitesburg Drive unit: A, Huntsville, AL 35801
      View Details

    FAQs

    What type of property is this?
    Office units - Varied commercial spaces available in Huntsville, Alabama.
    Where is this office units located?
    The property is located at 3322 S Memorial Pkwy Huntsville, AL.
    What are key features of this property?
    This property features: Variety of office sizes available.; Options range from small starter spaces to larger professional offices.; One‑room to six‑room offices available.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Terri Dean, CCIM
    Real Estate License ID: AL 68080
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    3322 S Memorial Pkwy, Huntsville, AL 35801

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