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    Property profile & analytics

    809 Shoney Dr Huntsville, AL 35801

    • Office buildings
    • 53,400 SF
    For Lease
    View listing
    Value Estimation
    $885,000
    Location Intelligence
    Property ID
    US03-2556913
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Alex Thomas, Movement Mortgage / Mortgage Lender
    • John Smith, Associate Broker Keller Williams Realty / Real Estate Agent
    • Beauty Bar Lash Company / Beauty Salon
    • Hall Becky / Real Estate Agency
    • Johny Gilbreath - HomeTown Lenders / Mortgage Lender

    Property Details for 809 Shoney Dr

    Year built
    2009
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    53,400 SF
    Property type
    Office buildings
    APN
    17-01-12-3-001-070.001-CONDO
    APU
    1701123001070001CONDO

    Description

    This exceptional two-story office building, constructed in 2009, offers 53,400 square feet of versatile space at 809 Shoney Drive SW in Huntsville, Alabama. The property is classified as Class B and features a single building with ample parking (240 spaces) and a convenient elevator. The space is currently multi-tenant occupied, with 12,000 square feet immediately available. Flexible floor plans cater to various business needs, accommodating spaces ranging from a minimum of 3,725 square feet to a maximum contiguous space of 12,000 square feet. The building's design is adaptable to traditional office, executive office, coworking, and creative office uses. Its strategic location directly off South Memorial Parkway provides excellent visibility and accessibility, with nearby restaurants and retail establishments. Signage opportunities are available for prospective tenants. The property's convenient location and flexible space options make it an ideal choice for businesses seeking a prominent presence in Huntsville's thriving market. The zip code is 35801.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,040,000

    • CAP approach

      CAP return
      Estimation
      6%
      $825,000
      6.5%
      $810,000
      7%
      $790,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $650,000
      Geo Method
      $810,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $900,000
      Retail
      $765,000
      Mixed-Use
      $800,000
      Hospitality
      $755,000
      Educational
      $720,000
      Residential Income
      $670,000
      Energy
      $825,000
      Income-Based Land
      $695,000
      Food Service
      $900,000

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.5849
    Latitude
    34.7015
    CBSA code
    26620
    CBSA name
    HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,427
    $0.00
    $438,400
    $438,400
    -
    $0.00
    $2,192,000
    $2,192,000

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      OFFICE BUILDING • 111,339 SF
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    809 Shoney Dr
    Huntsville, AL 35801
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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
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