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Property profile & analytics
OFF-MARKET
Warehouses

477-499 Explorer Blvd Huntsville, AL 35806

424,511 SF Built 1992
Property ID
Property summary
AI-generated overview

This exceptional Huntsville, Alabama property, the former Adtran headquarters, offers a unique investment opportunity. Comprising two Class A buildings totaling 424,511 square feet, this expansive campus sits on 35.79 acres in Cummings Research Park, the nation's second-largest research park. The property features a blend of office, manufacturing, and warehouse space, ideal for a variety of uses. Individual spaces range from 13,292 to 201,400 contiguous square feet, allowing for flexibility in tenant needs. Building amenities include 30-foot ceilings, eight loading docks, nine dock-high doors, and ample parking (419 spaces). Both six-story buildings are connected by a pedestrian bridge. The property is zoned CRP West Article 51 and benefits from its prime location, minutes from Redstone Arsenal, Marshall Space Flight Center, the University of Alabama in Huntsville, the FBI's H2Q, and I-565. Proximity to Mid-City and Bridgestreet provides convenient access to a vibrant array of amenities, including the new Orion Amphitheater. This "blank slate" opportunity allows for repositioning or re-tenanting to create a world-class corporate facility, tech hub, or high-energy office environment. The property presents a compelling investment prospect due to its size, location, and adaptability. Elevators are available in both buildings. Built in 1992, this property offers a substantial footprint for a variety of commercial uses.

Property profile
Verified
Property type Warehouses
Year built 1992
Total area 424,511 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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