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Property profile & analytics
FOR LEASE
Manufacturing properties

103 Wynn Dr Huntsville, AL 35805

180,480 SF 14 ac lot Built 1978
Entity Owned 10-yr Hold Absentee Owner Free & Clear
Property ID
US03-0544205
Property summary
AI-generated overview

This exceptional 28,500-square-foot warehouse is ideally situated in Huntsville, Alabama's Cummings Research Park, the second largest research park in the United States. Located at 103 Wynn Dr NW, Huntsville, AL 35805, this single-tenant industrial property boasts a prime corner location at the intersection of Wynn Drive and Technology Drive, offering excellent visibility and accessibility. The building's strategic placement provides easy access to major transportation arteries, including Interstate 565, and is a mere three miles from Redstone Arsenal Gate 9. This location offers significant advantages for businesses operating in various sectors, including manufacturing, defense, biotechnology, and technology, given the park's concentration of companies in these fields. The property's proximity to several universities, including Calhoun Community College's Huntsville campus, the University of Alabama in Huntsville (UAH), and Auburn University's new AI building, provides access to a skilled workforce and fosters collaboration opportunities. Furthermore, its convenient location near MidCity, Bridge Street Town Centre, Madison Town Center, and Huntsville International Airport enhances its appeal and accessibility for employees and clients alike. This warehouse presents a unique opportunity for businesses seeking a well-located, spacious, and functional facility within a thriving research and development ecosystem.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1978
Construction MIXED
Total area 180,480 SF
Lot 14 ac (609,840 SF)
APN 17-03-05-4-000-010.000
UPID US03-0544205
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.22M
Blend (final) Blend
$7.30M
Owner & transaction history
Drury Southwest INC · 10 yrs held
Drury Southwest INC
since 2016
7 recorded transactions
2020
Price N/A
2019
Price N/A
2017
Price N/A
2016
$1.3M
2016
$1.7M
2015
$330,000
2015
$1.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $12.1M +1.9%
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