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    Highway 72 Huntsville, AL 35806

    For Lease
    Contact for pricing

    High-visibility retail space, 1 acre, C-4 zoning.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1-acre outparcel, located within the thriving Watercress development in Madison County, presents a unique ground lease opportunity. Boasting excellent visibility from Highway 72 and convenient access from both Hwy 72 and Jeff Road, this property is ideally suited for a variety of commercial uses. The C-4 zoning allows for a bank branch, restaurant, or retail establishment. The site is adjacent to a Popeyes Louisiana Kitchen, benefiting from existing traffic and brand recognition. With 10 years remaining on the ground lease, this presents a stable and attractive investment. The total building square footage is 1 square foot, and the entire space is currently vacant, providing a blank canvas for your vision. The 0.865-acre lot offers ample space for development and parking. This prime location within the Watercress development, anchored by a Kroger, ensures high traffic volume and a strong customer base. Don't miss this chance to secure a prominent position in a rapidly growing area. Contact us today to learn more about this exceptional ground lease opportunity.

    Property Features for 0 Highway 72

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Ground Lease at Hwy 72 & Jeff Rd
    Size
    1 SF

    HighLights

    • C‑4 Zoning.
    • Suitable for bank, restaurant, or retail use.
    • 10‑year ground lease remaining.
    • Outparcel in Watercress development, anchored by Kroger.
    • High visibility on Highway 72, accessible from Hwy 72 and Jeff Road.
    • Adjacent to Popeyes Louisiana Kitchen.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.7101785
    Latitude
    34.7540131

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    FAQs

    What type of property is this?
    Restaurant - High-visibility retail space, 1 acre, C-4 zoning.
    Where is this restaurant located?
    The property is located at Highway 72 Huntsville, AL.
    What are key features of this property?
    This property features: C-4 Zoning.; Suitable for bank, restaurant, or retail use.; 10-year ground lease remaining.
    Request Owner's contact information
    Highway 72 Huntsville, AL 35806
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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
    Highway 72 Huntsville, AL 35806
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