Huntsville Office Building For
For Sale
Contact for pricing
4955 Corporate Drive, Huntsville, AL 35806
Office building with remodeled lobby, new elevators, ample parking.
Property Size47,255 SF
Days on Market227
Property Features for 4955 Corporate Drive
General Information
Standard status
Active
Size
47,255 SF
Zoning
CRP East
Lease Term
Full Service
Building Details
Building Size
47,255 SF
Properties For Sale
at 4955 Corporate Drive
Suite 301
Size
7,500 SF
Term
Negotiable
Listing Agency:
Samples Properties
Listed By:
Gripp Luther
(256) 533-0003
Source:
Samplesproperties
Added: Mar 5
Changed: Aug 8
Last Checked: May 11 at 7:19AM
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 Samples Properties
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Investment Insights
Based on property information with market context.
This commercial real estate is an office building featuring a remodeled lobby and two new elevators. The property benefits from ample surface parking. It is located minutes from Mid City and the Orion Amphitheatre. Flexible lease terms are available.
Key Highlights
- Minutes from Mid City and the Orion Amphitheatre
- Remodeled Lobby**
- Two New Elevators**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$603,706
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,074,120
$12.1M
Cap Rate 7%
$8,624,371
$8.6M
Cap Rate 9%
$6,707,844
$6.7M
Market Conditions
NOI Build-Up for 47,255 SF
Gross rent
$947.0K $20.04/SF
− Vacancy
−$142.0K −$3.01/SF
EGI
$804.9K $17.03/SF
− OpEx
−$201.2K −$4.26/SF
NOI
$603.7K $12.78/SF
Area
Huntsville, AL
Vacancy
15.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,074,120
Cap Rate 7%
$8,624,371
Cap Rate 9%
$6,707,844
Alternative Uses
Best Use
Office B
$8.62M
$7.55M – $10.06M
NOI $603,706 @ 7.0% cap · market cap 3,219,765.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.31M
$10.77M – $14.36M
NOI $861,364 @ 7.0% cap · market cap 4,593,941.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
850
Businesses Nearby
Explore this area
Business Placement
Demographics for 35806, AL
25,702
Population
14,398
Households
1.8
Avg Household Size
36
Median Age
60%
College-Educated
97%
High-School Grad
25.4 sq mi
ZIP Area
1,012
Density / Sq Mi
$79,338
Median Household Income
$50,458
Median Earnings
$1,287
Median Rent
$318,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office building with remodeled lobby, new elevators, ample parking.
Where is this office building located?
The property is located at 4955 Corporate Drive Huntsville, AL.
What are key features of this property?
This property features: Minutes from Mid City and the Orion Amphitheatre; Remodeled Lobby**; Two New Elevators**
