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Property profile & analytics
OFF-MARKET Estimated value $940,000
Investment properties

2005 Bob Wallace SW Ave Huntsville, AL 35805-4708

11,009 SF 0.62 ac lot Built 1958
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-0776390
Property summary
AI-generated overview

This exceptional 5,350-square-foot single-tenant office space is ideally situated at 2005 Bob Wallace Ave SW in Huntsville, Alabama. Built in 1960 and extensively renovated in 2019, this Class B property boasts upscale finishes throughout its one-story layout. The building sits on a 0.62-acre lot and offers ample parking with 15 spaces. Its convenient location provides easy access to key Huntsville areas, including The Shops at Merchants Walk (including Whole Foods), the vibrant Downtown area, the Medical District, Joe Davis Stadium, the Airport Road Corridor, and Redstone Arsenal. The property is zoned H-I and features a total building area of 5,350 square feet, all of which is currently vacant and ready for immediate occupancy. The property's Madison County location, within the Huntsville submarket, and its proximity to thriving commercial centers make it an attractive option for businesses seeking a well-maintained, modern office space in a dynamic and rapidly developing area. The APN is 17-01-11-1-000-022.000 and the zip code is 35805. This is a rare opportunity to secure a fully renovated, single-story office building in a highly desirable Huntsville location.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1958
Construction MIXED
Total area 11,009 SF
Lot 0.62 ac (27,000 SF)
APN 17-01-11-1-000-022.000
UPID US03-0776390
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
Current use
Occupant on record · Public records
  • HOA Resources LLC Corporate Office
  • TWO OAKS BUILDING COMPANY Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.02M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$940k
Owner & transaction history
Jaybird Partners LLC · 3 yrs held
Jaybird Partners LLC
since 2022
Last sale
$810,700
7 recorded transactions
2024
Price N/A
2022
$810,700
2020
Price N/A
2019
Price N/A
2018
$400,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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