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Property profile & analytics
FOR SALE
Office buildings

4092 Memorial Pkwy SW Huntsville, AL 35802

37,248 SF 2.3 ac lot Built 1999
Entity Owned 14-yr Hold Free & Clear
Property ID
US03-0225557
Property summary
AI-generated overview

This exceptional office property, the Hutcheson Center, offers 6,100 square feet of immediately available space within a larger 32,000 square foot building. Situated in the Victory Liberty Office Park, this Class B building boasts a prime South Huntsville location, providing unparalleled visibility and accessibility. Its convenient location is adjacent to Redstone Arsenal Gate 1 and Martin Road, offering direct access to Memorial Parkway and benefiting from high traffic counts. The property features a two-story building with abundant on-site parking (158 spaces) and elevator access. The space is suitable for a variety of office uses, including traditional office, executive office, coworking, and creative office setups. Utilities are included in the rental rate, which ranges from $18.00 to $20.00 per square foot. The property's Memorial Parkway frontage ensures high visibility, and its location within the office park places it near a multitude of restaurants and business services, making it an ideal location for government support offices or any business seeking a convenient and highly visible location. The 2.5-acre site offers ample space and easy access to major roadways. This is a rare opportunity to secure a well-located, versatile office space in a thriving area.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 37,248 SF
Lot 2.3 ac (100,014 SF)
APN 17-06-24-1-000-079.003
UPID US03-0225557
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
  • Alabama Institute for Deaf & Blind Huntsville Regional Center Social Service Agency Charitable Organization
  • Little River Solutions Accounting Firm Tax Preparation
  • ProHealth Home Health Home Health Care Service
  • Maximum Technology Corporation Consultant
  • Mclaurin Aerospace Corporate Office Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.81M
Blend (final) Blend
$3.66M
Owner & transaction history
Hutcheson Investments INC · 14 yrs held
Hutcheson Investments INC
since 2011
3 recorded transactions
2011
$2.0M
2011
$1.5M
2009
$400,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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