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Property profile & analytics
OFF-MARKET Estimated value $1,015,000
Investment properties

4008 University NW Dr Huntsville, AL 35816-3002

6,869 SF 0.85 ac lot Built 1978
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US03-0348802
Property summary
AI-generated overview

This exceptional Class A commercial property, located at 4008 University Dr NW, Huntsville, AL 35816, offers 6,869 square feet of versatile space ideal for a variety of uses. Situated on a prominent 36,994-acre lot at the intersection of University Dr. and Hwy. 53, this two-story, 1978-built building boasts a prime location with high visibility and significant daily traffic. Recently renovated in 1999, the property features 12-foot ceilings, 35 parking spaces, and a convenient drive-through. The building includes two suites, with a minimum divisible space of 3,600 square feet, and currently has 5,285 square feet vacant. Amenities include a breakroom with a kitchen, an enclosed courtyard, private entrances, and a substantial basement storeroom (approximately 2,177 sq ft, negotiable) with extensive shelving. The building also features a walk-in vault and large signage opportunities. The property is zoned commercial and benefits from its proximity to national tenants such as McDonald's, Walgreens, and Regions Bank. The flexible layout allows for customization to suit various business needs, making it an attractive investment opportunity. Electric power is available. While elevators are not present, the building's design and layout are well-suited for a variety of commercial uses. Annual property taxes are $2.18 per square foot.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1978
Construction WOOD
Total area 6,869 SF
Lot 0.85 ac (36,994 SF)
APN 14-08-33-1-002-017.000
UPID US03-0348802
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
  • Pleasures (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.28M
Comparable Approach Comparable
$764k
Blend (final) Blend
$1.02M
Owner & transaction history
Love2please Property Mgmt LLC · 15 yrs held
Love2please Property Mgmt LLC
since 2010
2 recorded transactions
2010
$625,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.4M +36.6%
Office building $1.1M +7.4%
Retail stores $1.1M +3.8%
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