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    4092 Memorial Pkwy Huntsville, AL 35802

    For Sale
    $5,500,000

    Prime South Huntsville location, strong income.

    Property size:
    37,248 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a two-story, 37,248 square foot traditional office building situated on a 2.5-acre lot in Huntsville, Alabama. Built in 1999, the property boasts a highly desirable location on Memorial Parkway SW, offering exceptional visibility and convenient access to Redstone Arsenal Gate 1 and Martin Road. The building is currently 100% occupied, generating a strong and consistent income stream. Zoned for commercial use, this property features ample parking to accommodate tenants and visitors. The asking price is $5,500,000, translating to $147.66 per square foot. This represents a compelling investment opportunity in a thriving market with excellent access to major transportation arteries and a robust tenant base. The property's prime location and strong occupancy make it an attractive asset for discerning investors seeking a stable and high-yielding investment in the Huntsville, Alabama area. The address is 4092 Memorial Parkway SW, Huntsville, AL 35802.

    Property Features for 4092 Memorial Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    37,248 SF
    Lot Size
    108,900 SF

    Building Details

    Year Built
    1999
    Buildings
    1
    Stories
    2

    HighLights

    • Exceptional investment opportunity.
    • Prime South Huntsville location with excellent access.
    • 2.73‑acre site.
    • Convenient access to Redstone Arsenal Gate 1 and Martin Road.
    • High‑visibility Memorial Parkway frontage.
    • Ample parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alabama Institute for Deaf ... Social Services Organization Little River Solutions Accounting Firm ProHealth Home Health Home Health Care Service Maximum Technology Corporation Consultant Mclaurin Aerospace Aerospace Company

    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
    -86.5767058
    Latitude
    34.67668707

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    FAQs

    What type of property is this?
    Office Property / Space - Prime South Huntsville location, strong income.
    Where is this office property / space located?
    The property is located at 4092 Memorial Pkwy Huntsville, AL.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity.; Prime South Huntsville location with excellent access.; 2.73-acre site.
    Request Owner's contact information
    4092 Memorial Pkwy Huntsville, AL 35802
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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
    4092 Memorial Pkwy Huntsville, AL 35802
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