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    1640 Old Monrovia Rd Huntsville, AL 35806

    For Lease
    Contact for pricing

    Prime Retail Space, High Traffic Area

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 20,000 square foot retail space presents a unique mixed-use development opportunity in Huntsville, Alabama's thriving Providence submarket. Located at 1640 Old Monrovia Rd NW, this property boasts a highly visible location directly across from a Publix shopping center, experiencing a daily traffic count of 21,400 vehicles. The site is zoned for retail and restaurant uses, specifically catering to food and beverage and entertainment establishments. This presents a chance to be part of a dynamic area that includes a mix of residential, hotel, office, and retail spaces, ensuring a robust customer base. The property's APN is 15-07-25-0-001-002.001, and its convenient location offers easy access to numerous residential neighborhoods, Downtown Huntsville, Cummings Research Park, and Redstone Arsenal. The nearby Towne Park Entertainment Center further enhances the area's appeal and provides synergistic opportunities. This is a single available space within a larger multiple-tenancy development, ideal for a business seeking high visibility and a strong local presence in a rapidly growing area of Huntsville. The property is situated near the intersection of Old Monrovia Rd NW and Johns Road.

    Property Features for 1640 Old Monrovia Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    20,000 SF

    HighLights

    • 20,000 SF retail space available in Huntsville, AL's Providence submarket.
    • Outdoor patio space included.
    • High‑visibility signage opportunity.
    • Excellent foot traffic due to proximity to Providence Main.
    • Ideal for QSR or bank; flexible space from 1,200 SF to 20,000 SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -86.680762229326
    Latitude
    34.757172773783

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, High Traffic Area
    Where is this restaurant located?
    The property is located at 1640 Old Monrovia Rd Huntsville, AL.
    What are key features of this property?
    This property features: 20,000 SF retail space available in Huntsville, AL's Providence submarket.; Outdoor patio space included.; High-visibility signage opportunity.
    Request Owner's contact information
    1640 Old Monrovia Rd 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
    1640 Old Monrovia Rd Huntsville, AL 35806
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