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    The Largest CRE Database in the US with Over 1 Million Listings

    1200 Jordan Ln Huntsville, AL 35816

    Sponsored
    For Lease
    $12 SF/Yr ($15,085 /Mo)

    14,000 sq ft Office Building, 2 Suites Available

    Lot size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    421
    This single-story, 14,000 square foot office building in Huntsville, Alabama, presents a fantastic opportunity. Located at 1200 Jordan Ln NW, 35816, this Class C property boasts 10 total suites within a single building on 1.5 acres of land. Built in 1986, the building currently has 1,280 square feet of vacant space, with two available suites ranging from 1,200 to 1,420 square feet, perfect for smaller businesses or startups. The property is zoned LI and offers convenient access to a thriving commercial district, including shopping, dining, and green spaces. Its proximity to the University of Alabama in Huntsville campus, the U.S. Space and Rocket Center, and Cummings Research Park provides a dynamic and advantageous location. Common area maintenance (CAM) charges are $50 per month, added to the total lease cost. This is an ideal location for businesses seeking a well-situated office space in a rapidly growing area with access to a strong workforce and amenities. The property offers a blend of established infrastructure and proximity to key Huntsville landmarks, making it a compelling option for businesses of all sizes.

    Property Features for 1200 Jordan Ln

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,000 SF
    Class
    C
    Total Rate
    15085

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 1200 Jordan Ln, Huntsville, AL 35816 Contact us
    Unit Suite 9

    $13 /Mo

    Size
    1,200 SF
    Contact us
    Unit Suite 2

    $12 /Mo

    Size
    1,420 SF
    Contact us

    We can help!

    Listing Contact
    Terri Dean, Ccim
    Terri Dean, Ccim

    Learn more

    Property Insight Report

    HighLights

    • 14,000 SF single‑story office building in Huntsville, AL (1200 Jordan Ln NW, 35816).
    • Ten suites, 1,280 SF currently vacant, with two available suites (1,200‑1,420 SF).
    • 1.5‑acre lot, LI zoning, near University of Alabama in Huntsville, Space & Rocket Center, and Cummings Research Park.
    • Flexible lease terms and competitive pricing.
    • Ample parking, nearby dining and retail, and Google Fiber high‑speed internet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lucille Maud Corporation Tech Support Center KTI Express Courier Courier Service Alabama MENTOR Foster Care Service Home Financial Services-Huntsville Loan Service Compassionate Friends Care ... Home Health Care Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.627366912429
    Latitude
    34.739743483892

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    FAQs

    What type of property is this?
    Office Property / Space - 14,000 sq ft Office Building, 2 Suites Available
    Where is this office property / space located?
    The property is located at 1200 Jordan Ln Huntsville, AL.
    What is the lease rate?
    The lease rate is $12-$13 SF/Yr.
    What are key features of this property?
    This property features: 14,000 SF single-story office building in Huntsville, AL (1200 Jordan Ln NW, 35816).; Ten suites, 1,280 SF currently vacant, with two available suites (1,200-1,420 SF).; 1.5-acre lot, LI zoning, near University of Alabama in Huntsville, Space & Rocket Center, and Cummings Research Park.
    (256) 975-4716
    Request Owner's contact information
    1200 Jordan Ln Huntsville, AL 35816
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    Huntsville, AL 35816
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1200 Jordan Ln Huntsville, AL 35816
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    We can help!
    Listing Contact
    Terri Dean, Ccim
    Terri Dean, Ccim
    Real Estate License ID: 68080
    (256) 975-4716
    Learn more
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