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    5150 Memorial Pkwy Huntsville, AL 35810

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Huntsville industrial space, flexible layouts.

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 30,000-square-foot industrial property in Huntsville, Alabama, offers a unique blend of flex and warehouse space, ideal for a variety of businesses. Situated on a 10.83-acre lot at 5150 N Memorial Pkwy, 35810, this single-story building boasts a 21-foot ceiling height and 400-amp electrical service. Currently fully vacant, the space is divisible to a minimum of 7,500 square feet, allowing for flexibility to suit various operational needs. The property's C4 zoning provides ample opportunities for diverse uses. Its strategic location offers excellent access to Memorial Parkway, with an estimated 40,400 vehicles passing daily, ensuring high visibility and convenient access. The property is conveniently located 2.38 miles from Chase Industrial Park, 8.5 miles from Cummins Research Park and the University of Alabama in Huntsville, and 9.5 miles from Redstone Arsenal. The building is designed with office/retail/showroom space in the front and storage in the back. Additional build-to-suit opportunities are available for larger tenants (50,000 square feet and above) on the back pad sites. This property represents a rare opportunity to secure a prime industrial space in a thriving Huntsville location. The building is scheduled for completion in the third quarter of 2024.

    Property Features for 5150 Memorial Pkwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF
    Total Rate
    31250

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Building 1
    Size
    30,000 SF
    Rate per SF
    $12

    HighLights

    • 30,000 SF building, Q3 2024 delivery.
    • 21' clear height.
    • ESFR sprinkler system.
    • Dock‑high & drive‑in loading.
    • 400‑amp electrical service.
    • Tenant improvement allowances available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.5768167
    Latitude
    34.7941192

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    FAQs

    What type of property is this?
    Distribution property - Prime Huntsville industrial space, flexible layouts.
    Where is this distribution property located?
    The property is located at 5150 Memorial Pkwy Huntsville, AL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 30,000 SF building, Q3 2024 delivery.; 21' clear height.; ESFR sprinkler system.
    Request Owner's contact information
    5150 Memorial Pkwy Huntsville, AL 35810
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    Realmo Value Estimation

    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.

    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.

    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
    5150 Memorial Pkwy Huntsville, AL 35810
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