635 Discovery Dr NW, Huntsville, AL
Professional office building with lab space in Cummings Research Park.
- Added:
- May 21, 2025
- Days on Market:
- 389
- Last Refresh:
- May 20 at 9:13 pm
Property Features for 635 Discovery Dr NW
General Information
- Standard status
- Active
- Size
- 35,000 SF
- Lot size
- 5.34 Acres
- Property subtype
- OFFICE
Properties For Sale
at 635 Discovery Dr NW Contact usListing agent Gripp Luther
Listing office Samples Properties (256) 533-0003
Listing date May 21, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Samples Properties
HighLights
- Prime location in Cummings Research Park West, near technology and aerospace companies.
- Includes a 57' x 40' lab with ventilation, air piping, gas, upgraded electrical, and water.
- Features 7 conference rooms, including a large 100‑person conference room.
- Offers 95 offices plus executive offices with balconies.
- Includes a loading dock for convenient shipping and receiving.
- Scenic view of Lake 1 and a courtyard.
Overview
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 | $701.4k | $20.04 |
| − Vacancy | −$105.2k | −$3.01 |
| EGI | $596.2k | $17.03 |
| − OpEx | −$149.0k | −$4.26 |
| NOI | $447.1k | $12.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.6751
- Latitude
- 34.7329