5150 Memorial Pkwy Huntsville, AL 35810
This exceptional 30,000-square-foot industrial property in Huntsville, Alabama, offers a unique blend of flex and warehouse space, ideal for a variety of businesses. Situated on a 10.83-acre lot at 5150 N Memorial Pkwy, 35810, this single-story building boasts a 21-foot ceiling height and 400-amp electrical service. Currently fully vacant, the space is divisible to a minimum of 7,500 square feet, allowing for flexibility to suit various operational needs. The property's C4 zoning provides ample opportunities for diverse uses. Its strategic location offers excellent access to Memorial Parkway, with an estimated 40,400 vehicles passing daily, ensuring high visibility and convenient access. The property is conveniently located 2.38 miles from Chase Industrial Park, 8.5 miles from Cummins Research Park and the University of Alabama in Huntsville, and 9.5 miles from Redstone Arsenal. The building is designed with office/retail/showroom space in the front and storage in the back. Additional build-to-suit opportunities are available for larger tenants (50,000 square feet and above) on the back pad sites. This property represents a rare opportunity to secure a prime industrial space in a thriving Huntsville location. The building is scheduled for completion in the third quarter of 2024.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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