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    555 Discovery Dr Huntsville, AL 35806

    For Lease
    Contact for pricing

    15,000 SF Available in Cummings Research Park

    Lot size:
    62,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 62,000 square foot, two-story Class C office building presents a unique opportunity in Huntsville's thriving Cummings Research Park West submarket. Located at 555 Discovery Dr NW, Huntsville, AL 35806, this multi-tenant property sits on an expansive 11-acre lot, offering ample parking and visibility. Currently, 15,000 square feet of executive office space is immediately available, ideal for a large company seeking a prominent location or a smaller business looking to expand. Built in 1987, the building benefits from its strategic position, providing convenient access to major thoroughfares like Hwy 255 and Hwy 72. The property is zoned for Cummings Research Park West and is situated at the corner of Discovery Drive and Explorer Boulevard, ensuring high visibility and easy accessibility for clients and employees. This is a prime opportunity to establish a presence in one of Huntsville's most sought-after business districts within Madison County, Alabama. The property's substantial size and prime location make it an attractive investment for businesses seeking a significant footprint in this dynamic area. The available space offers flexibility for various business needs and configurations.

    Property Features for 555 Discovery Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    62,000 SF
    Class
    C

    Building Details

    Year Built
    1987
    Stories
    2

    Unit(s) available at that property

    Space
    2nd floor
    Size
    15,000 SF

    HighLights

    • 62,000 SF, two‑story Class C office building in Huntsville's Cummings Research Park West.
    • 15,000 SF of executive office space immediately available.
    • Competitive lease rates.
    • Ample surface parking on an 11‑acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mercury Systems Electronics Manufacturer United Space Alliance Aerospace Company L3Harris Technologies Aerospace Company Aerojet Rocketdyne Aerospace Company

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.6794434
    Latitude
    34.7287307

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    FAQs

    What type of property is this?
    Office Property / Space - 15,000 SF Available in Cummings Research Park
    Where is this office property / space located?
    The property is located at 555 Discovery Dr Huntsville, AL.
    What are key features of this property?
    This property features: 62,000 SF, two-story Class C office building in Huntsville's Cummings Research Park West.; 15,000 SF of executive office space immediately available.; Competitive lease rates.
    Request Owner's contact information
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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
    555 Discovery Dr Huntsville, AL 35806
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