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    Property profile & analytics

    4000 Memorial Pkwy Huntsville, AL 35802

    • Manufacturing properties
    • 119,042 SF
    • 12.43 lot acres
    For Lease
    View listing
    $8 SF/Yr
    Value Estimation
    $7,125,000
    Last Sale
    Aug 09, 2023
    $7,425,000
    Location Intelligence
    Property ID
    US03-0598980
    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

    • Manufacturing properties

    Property Details for 4000 Memorial Pkwy

    Year built
    1963
    Lot size
    12.43 lot acres
    Property size
    119,042 SF
    Property type
    Manufacturing properties
    APN
    17-06-24-1-000-002.000
    APU
    1706241000002000

    Description

    This exceptional 175,000-square-foot industrial property, located at 4000 Memorial Pkwy SW in Huntsville, Alabama, presents a significant opportunity. The building, constructed in 1963 and classified as Class C, offers a flexible layout ideal for a variety of uses. Currently, 54,000 square feet of space is available, divisible into units as small as 3,000 square feet. The property sits on a generous 12-acre lot, providing ample room for expansion or outdoor storage. Features include 18-26 foot ceiling heights, enhancing storage and operational efficiency. Loading and unloading are facilitated by four loading docks and three dock-high doors. The property benefits from three-phase power, essential for many industrial operations. Its zoning is designated as Heavy Industrial, allowing for a wide range of permitted uses. Situated in Huntsville's Hubzone and on South Memorial Parkway, this location offers exceptional visibility and convenient access, making it an attractive option for businesses seeking a strategic presence in the Huntsville market. The property is a single-tenant building within Madison County, Alabama, and has a zip code of 35802.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,910,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,520,000
      6.5%
      $7,280,000
      7%
      $7,270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,020,000
      Geo Method
      $8,370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $8,355,000
      Retail
      $8,425,000
      Mixed-Use
      $7,345,000
      Hospitality
      $8,510,000
      Educational
      $7,375,000
      Residential Income
      $8,170,000
      Energy
      $7,125,000
      Income-Based Land
      $7,335,000
      Food Service
      $7,760,000

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.5795
    Latitude
    34.6827
    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
    $43,594
    $435,060
    $316,560
    $751,620
    -
    $2,175,300
    $1,582,800
    $3,758,100

    Comparable in this City

    • Value Estimation
      $915,000
      74,332 SF

      8600 Memorial SW Pkwy

      MANUFACTURING (LIGHT) • 74,332 SF
      8600 Memorial SW Pkwy, Huntsville, AL 35802-3031
      View Details
    • Value Estimation
      $420,000
      6,000 SF

      Vermont SW Rd

      WAREHOUSE, STORAGE • 6,000 SF
      Vermont SW Rd, Huntsville, AL 35802
      View Details
    • Value Estimation by Request
      9,720 SF

      4120 Jake SW Dr

      WAREHOUSE, STORAGE • 9,720 SF
      4120 Jake SW Dr, Huntsville, AL 35802-2080
      View Details
    • Value Estimation
      $425,000
      12,000 SF

      8055 Lenox SW Ln

      WAREHOUSE, STORAGE • 12,000 SF
      8055 Lenox SW Ln, Huntsville, AL 35802-2965
      View Details
    • Value Estimation
      $510,000
      21,800 SF

      2015 Vermont SW Rd

      WAREHOUSE, STORAGE • 21,800 SF
      2015 Vermont SW Rd, Huntsville, AL 35802-2004
      View Details
    • Value Estimation by Request
      0.06 Acres

      Mem S Pkwy

      CONSTRUCTION/CONTRACTING SERVICES • 0.06 Acres
      Mem S Pkwy, Huntsville, AL 35802
      View Details

    Similar Nearby for Sale

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      Residential Lot in Huntsville, AL

      Residential lot available in a convenient Huntsville location.
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      Huntsville Commercial Land - $199K

      Prime 1-acre lot, C-4 zoning.
      0 Memorial Pkwy, Huntsville, AL 35802
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      175,000 SF

      Huntsville Flex Space - 54,000 SF

      Prime Huntsville flex space, high visibility, divisible.
      4000 Memorial Pkwy, Huntsville, AL 35802
      View Details
    • Contact for pricing
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      Huntsville Office Space For Lease

      New 2024 Office Building, Prime Location
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      View Details
    • $26 SF/Yr
      15,900 SF

      Jones Valley Retail Center

      Huntsville Retail Space Available
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      View Details
    • Contact for pricing
      48,098 SF

      5000 Whitesburg Dr

      Retail properties • 48,098 SF
      5000 Whitesburg Dr, Huntsville, AL 35802
      View Details
    • Contact for pricing
      16,531 SF

      The Jessam on the Park: Huntsville Retail

      Huntsville retail space, prime location.
      0 Haysland Rd, Huntsville, AL 35802
      View Details
    • $8 SF/Yr
      110,000 SF

      Main Street South Retail Center

      Prime Retail & Restaurant Space Available
      7500 Memorial Pkwy, Huntsville, AL 35802
      View Details
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    Huntsville, AL 35802
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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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