2803 Governors SW Dr Huntsville, AL 35805-3720
This exceptional property at 2803 Governors Dr SW, Huntsville, AL 35805 offers two versatile spaces ideal for retail or traditional office use. Located in Madison County, this multi-tenant building boasts high visibility and excellent traffic counts, averaging 26,909 vehicles per day in 2022. Suite 1 encompasses 2,628 square feet, while Suite 2 provides 1,832 square feet, both available for occupancy starting July 1st. The rental rate is $22 per square foot, gross. Landlord responsibilities include roof and structural maintenance, dumpster service, property taxes and insurance, and water. A unique benefit includes 15 minutes of hourly advertising time on the property's electronic billboard. Tenant build-out options are available to customize the space to meet specific business needs. This property presents a fantastic opportunity for businesses seeking a prominent location with strong visibility and attractive landlord-provided amenities in a thriving Huntsville market. The property is conveniently located in Huntsville, Alabama, offering easy access to major transportation routes and a diverse customer base.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.