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    Governors House Dr Huntsville, AL 35805

    For Sale
    $800,000

    1.59 Acres, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.59-acre commercial land parcel, located at Governors House Drive SW in Huntsville, Alabama (APN 55423), is offered for sale by the owner, Huntsville Lodging LLC. The property boasts a highly desirable Light Industry District (LI) zoning designation, providing significant development flexibility. Its strategic location offers unparalleled visibility from I-565, averaging 124,126 vehicles per day, ensuring high traffic exposure for any future development. The site is situated adjacent to a Holiday Inn Express hotel, with plans for an additional hotel directly behind the property, creating a synergistic environment. This prime location places the property in close proximity to key Huntsville landmarks and institutions, including Cummings Research Park, the University of Alabama in Huntsville (UAH), Calhoun Community College, the US Space & Rocket Center, and the Huntsville Botanical Gardens. Easy access is provided via Exit 15 on I-565, further enhancing its appeal. The asking price for this exceptional opportunity is $800,000. This presents a rare chance to acquire a significant commercial land holding in a thriving Alabama market with excellent visibility and access. Don't miss this chance to secure a prime piece of Huntsville real estate.

    Property Features for 0 Governors House Dr

    General Information

    Property type
    Land
    Lot Size
    69,260 SF

    HighLights

    • ±1.59 Acres of commercial land in Huntsville, AL.
    • Adjacent to Holiday Inn Express, with a new hotel planned behind the property.
    • High visibility from I‑565, averaging 124,126 vehicles per day (VPD).
    • Near Cummings Research Park, UAH, and Calhoun Community College, minutes from downtown Huntsville.
    • Excellent access from I‑565 Exit 15, near the US Space & Rocket Center and Huntsville Botanical Gardens.
    • Light Industrial (LI) zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.641938298384
    Latitude
    34.71337762551

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    FAQs

    What type of property is this?
    Land - 1.59 Acres, Prime Location
    Where is this land located?
    The property is located at Governors House Dr Huntsville, AL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: ±1.59 Acres of commercial land in Huntsville, AL.; Adjacent to Holiday Inn Express, with a new hotel planned behind the property.; High visibility from I-565, averaging 124,126 vehicles per day (VPD).
    (256) 518-2288
    Request Owner's contact information
    Governors House Dr Huntsville, AL 35805
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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
    Governors House Dr Huntsville, AL 35805
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