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    4000 Memorial Pkwy Huntsville, AL 35802

    For Lease
    $8 SF/Yr

    Prime Huntsville flex space, high visibility, divisible.

    Lot size:
    175,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 175,000-square-foot industrial property, located at 4000 Memorial Pkwy SW in Huntsville, Alabama, presents a significant opportunity. The building, constructed in 1963 and classified as Class C, offers a flexible layout ideal for a variety of uses. Currently, 54,000 square feet of space is available, divisible into units as small as 3,000 square feet. The property sits on a generous 12-acre lot, providing ample room for expansion or outdoor storage. Features include 18-26 foot ceiling heights, enhancing storage and operational efficiency. Loading and unloading are facilitated by four loading docks and three dock-high doors. The property benefits from three-phase power, essential for many industrial operations. Its zoning is designated as Heavy Industrial, allowing for a wide range of permitted uses. Situated in Huntsville's Hubzone and on South Memorial Parkway, this location offers exceptional visibility and convenient access, making it an attractive option for businesses seeking a strategic presence in the Huntsville market. The property is a single-tenant building within Madison County, Alabama, and has a zip code of 35802.

    Property Features for 4000 Memorial Pkwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    175,000 SF
    Class
    C
    Total Rate
    123229.17

    Building Details

    Year Built
    1963

    Unit(s) available at that property

    Space
    Block 1
    Size
    54,000 SF
    Rate per SF
    $8

    HighLights

    • 54,000 SF warehouse divisible to 3,000 SF units, situated on 12 acres.
    • High‑visibility location with easy highway access on Hwy. 231.
    • Heavy industrial zoning.
    • 3‑phase power available.
    • Fully air‑conditioned warehouse.
    • Four (4) high‑bay roll‑up loading docks and three (3) grade‑level doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop 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
    -86.5795012
    Latitude
    34.6824036

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    FAQs

    What type of property is this?
    Distribution property - Prime Huntsville flex space, high visibility, divisible.
    Where is this distribution property located?
    The property is located at 4000 Memorial Pkwy Huntsville, AL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 54,000 SF warehouse divisible to 3,000 SF units, situated on 12 acres.; High-visibility location with easy highway access on Hwy. 231.; Heavy industrial zoning.
    Request Owner's contact information
    4000 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
    4000 Memorial Pkwy Huntsville, AL 35802
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