2905 Bob Wallace Ave Huntsville, AL 35805
For Lease
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This exceptional office property at 2905 Bob Wallace Ave SW in Huntsville, Alabama, 35805 offers multiple tenancy in a single-story Class B building. Two spaces are currently available, ranging from 1,400 to 3,450 square feet, making it ideal for a variety of businesses. The property is categorized as both traditional office and medical office space, providing versatility for diverse needs. Located in the Home Center, a neighborhood center, this property enjoys convenient access to major thoroughfares including Memorial Parkway, Redstone Arsenal, and I-565. This strategic location benefits from an established tenant base representing a mix of industries, including government contractors, e-commerce, medical device companies, and other office spaces. The property is designated as a HUB Zone, offering potential advantages for qualifying businesses. Lease rates are competitive and offered AS-IS, with no CAM fees. The flexible space is suitable for various uses, including office, medical, showroom, retail, assembly, or multipurpose/flex space. This presents a unique opportunity to secure well-located, adaptable office space in a thriving Huntsville neighborhood.
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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.