900 Constellation Dr Huntsville, AL 35801
This exceptional 3.257-acre commercial land parcel in Huntsville, Alabama, presents a unique investment opportunity. Located at 900 Constellation Drive, 35801, this fully entitled site is zoned for City of Huntsville “C – 4 Highway Business District,” with restricted “C – 3 Downtown Business District” zoning. The land is priced at $30 per square foot, totaling $4,256,247. This flat, ready-to-develop parcel represents the last available office, retail, or development site in downtown Huntsville. Its strategic location within the Constellation mixed-use project offers unparalleled visibility and accessibility. The surrounding area boasts a thriving environment, including a SpringHill Suites hotel (149 rooms, 90% occupancy), Constellation apartments (219 units, 95% occupancy), and a soon-to-open Starbucks (July 2024). Future development plans for the Constellation project include a dinner house and a second hotel. This prime location is ideal for a variety of commercial ventures, offering high traffic and excellent infrastructure, making it perfect for immediate business establishment. The property's size and zoning accommodate a wide range of retail concepts and land development projects, supporting growth and expansion for retail enterprises. Seize this opportunity to shape the future of downtown Huntsville.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.