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    3501 Memorial Pkwy Huntsville, AL 35801

    For Lease
    Contact for pricing

    Class A Office Building, 10,002 SF

    Lot size:
    10,002 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional Class A office building, located at 3501 Memorial Pkwy SW in Huntsville, Alabama, offers a prime opportunity for businesses seeking flexible and high-quality space. The property, totaling 10,002 square feet, is situated in Madison County and boasts a desirable location near Crestwood Medical Center (1.1 miles), Huntsville Hospital (2.1 miles), and Piedmont Point Shopping Center (1.4 miles). The building features attractive architecture and landscaping, ensuring high visibility and a professional image. The space is divisible, with a minimum leasable area of 3,500 square feet and a maximum contiguous space of 10,002 square feet. Currently, the entire 10,002 square feet is vacant, presenting a unique chance to occupy the entire building. The building is a three-story structure with ample parking, providing 88 spaces for tenants and visitors. Its convenient location offers easy access to downtown Huntsville, numerous hotels, restaurants, and various entertainment and shopping options. Tenant allowances are available based on lease terms. This property is ideal for a variety of office uses, including traditional office, executive office, and medical office settings.

    Property Features for 3501 Memorial Pkwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,002 SF
    Class
    A

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    Suite 300
    Size
    10,002 SF

    HighLights

    • Class A office building totaling 10,002 square feet in Huntsville, AL.
    • Located near Crestwood Medical Center, Huntsville Hospital, and Piedmont Point Shopping Center.
    • Divisible space, minimum 3,500 SF, maximum 10,002 SF contiguous.
    • Entire building (10,002 SF) currently vacant.
    • Three‑story building with 88 parking spaces.
    • Tenant allowances available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jennifer B. Martin, ... Optometrist Paulus Title Main ... Title Company John Eitzen Ophthalmologist Maynor Mitchell & Lee ... Optician Brian Baxter, OD Optometrist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -86.582615
    Latitude
    34.69554037

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    FAQs

    What type of property is this?
    Medical office - Class A Office Building, 10,002 SF
    Where is this medical office located?
    The property is located at 3501 Memorial Pkwy Huntsville, AL.
    What are key features of this property?
    This property features: Class A office building totaling 10,002 square feet in Huntsville, AL.; Located near Crestwood Medical Center, Huntsville Hospital, and Piedmont Point Shopping Center.; Divisible space, minimum 3,500 SF, maximum 10,002 SF contiguous.
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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
    3501 Memorial Pkwy Huntsville, AL 35801
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