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    2.9 Ac Research Park Blvd Huntsville, AL 35806

    For Sale
    $757,944

    2.9 Acres, Prime Location, $757K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 2.9-acre commercial land parcel is ideally situated in Huntsville, Alabama's thriving Research Park area, offering unparalleled access to key research facilities, including the HudsonAlpha Institute for Biotechnology and Cummings Research Park. Zoned County, this versatile property allows for a wide range of industrial uses. Its strategic location provides easy access to Redstone Arsenal, fostering collaboration opportunities, and benefits from proximity to the vibrant MidCity development for convenient amenities and entertainment. The property's location ensures seamless connectivity to major transportation routes, maximizing logistical efficiency. This investment opportunity is further enhanced by its designation as both a Qualified Hub Zone and Opportunity Zone, presenting significant tax advantages. The land is priced at $757,944, with a land value of $6 per square foot. This prime location within the Huntsville Research Park, combined with its versatile zoning and excellent access to infrastructure and amenities, makes this a highly attractive investment prospect for developers and businesses seeking a foothold in this dynamic and rapidly growing area. The property's address is 2.9 ac Research Park Blvd, Huntsville, AL 35806.

    Property Features for 0 2.9 Ac Research Park Blvd

    General Information

    Property type
    Land
    Lot Size
    126,324 SF

    HighLights

    • County zoning allows versatile industrial use.
    • Prime location in Huntsville Research Park.
    • Proximity to Redstone Arsenal fosters collaboration.
    • Convenient access to Cummings Research Park.
    • Near MidCity for amenities and entertainment.
    • Excellent access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.673040282384
    Latitude
    34.773744168271

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    FAQs

    What type of property is this?
    Land - 2.9 Acres, Prime Location, $757K
    Where is this land located?
    The property is located at 2.9 Ac Research Park Blvd Huntsville, AL.
    What is the asking price?
    The asking price for this property is $757,944.
    What are key features of this property?
    This property features: County zoning allows versatile industrial use.; Prime location in Huntsville Research Park.; Proximity to Redstone Arsenal fosters collaboration.
    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
    2.9 Ac Research Park Blvd Huntsville, AL 35806
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