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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4801 Governors House SW Dr Huntsville, AL 35805-3104

    • Hotels
    • 58,287 SF
    • 1.78 lot acres
    OFF-MARKET
    Value Estimations
    $890,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-0637729
    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

    • Hilton Garden Inn Huntsville/Space Center / Hotel & Motel

    Property Details for 4801 Governors House SW Dr

    Year built
    2005
    Lot size
    1.78 lot acres
    Property size
    58,287 SF
    Property type
    Hotels
    APN
    17-02-04-0-000-053.000
    APU
    1702040000053000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $840,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $937,000
      Market price range: $803k - $1.75M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,110,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.6389
    Latitude
    34.7153
    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
    $61,217
    $80,820
    $974,640
    $1,055,460
    -
    $404,100
    $4,873,200
    $5,277,300

    Comparable in this City

    • Value Estimation
      $1,235,000
      67,648 SF

      93 Wynn NW Dr

      HOTEL • 67,648 SF
      93 Wynn NW Dr, Huntsville, AL 35805-1986
      View Details
    • Value Estimation
      $1,765,000
      131,769 SF

      5 Tranquility Base

      HOTEL • 131,769 SF
      5 Tranquility Base, Huntsville, AL 35805-3371
      View Details
    • Value Estimation
      $665,000
      38,409 SF

      4751 Governors House SW Dr

      MOTEL • 38,409 SF
      4751 Governors House SW Dr, Huntsville, AL 35805-3221
      View Details
    • Value Estimation by Request
      1,348 SF

      2309 Triana Blvd

      Office Properties & Spaces • 1,348 SF
      2309 Triana Blvd, Huntsville, AL 35805
      View Details
    • Value Estimation by Request
      1.59 Acres

      Governors House Dr

      Land • 1.59 Acres
      0 Governors House Dr, Huntsville, AL 35805
      View Details
    • Value Estimation by Request
      0.16 Acres

      Triana SW Blvd

      VACANT COMMERCIAL LAND • 0.16 Acres
      Triana SW Blvd, Huntsville, AL 35805
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      56,963 SF

      Newly Built Holiday Inn Express

      98-room Holiday Inn Express & Suites in Huntsville, Alabama.
      5101 Governors House Dr Southwest, Huntsville, AL 35805
      View Details
    • $449,900
      1,560 SF

      Huntsville Commercial Corner Lot

      Corner lot near Stovehouse, suitable for office or service shop.
      200 8Th St NW, Huntsville, AL 35805
      View Details
    • $60,000
      0.34 Acres

      Huntsville Land For Sale

      Level lot in growing location near Redstone Arsenal.
      34 Lot Mcvay St SW, Huntsville, AL 35805
      View Details
    • $2,100,000
      11,368 SF

      Renovated Studio Apartments in Huntsville

      28 renovated studio apartments near shopping, universities, and Redstone Arsenal.
      3004 SW Clopton St, Huntsville, AL 35805
      View Details
    • $800,000
      7,366 SF

      Updated Multifamily Investment Opportunity

      Recently updated multifamily portfolio with full occupancy in Huntsville, Alabama.
      4105 Broyles Ave, Huntsville, AL 35805
      View Details
    • Contact for pricing
      962 SF

      Huntsville Office Space - Prime Location

      Renovated Office Building, Ample Parking
      3402 6Th Ave, Huntsville, AL 35805
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      134,318 SF

      Intuitive Center: Huntsville Office Space

      Class A office campus; 3 suites available.
      5030 Bradford Dr, Huntsville, AL 35805
      View Details
    • Contact for pricing
      35,360 SF

      Anthem House: Huntsville Office Suites

      MidCity District: Premium Office Space
      945 Mid City Dr, Huntsville, AL 35805
      View Details
    • Contact for pricing
      11,575 SF

      Commercial Space with Residential Units

      Commercial space available on ground floor with residential units above.
      4810 Bradford Dr NW, Huntsville, AL 35805
      View Details
    • Contact for pricing
      47,255 SF

      Huntsville Executive Office Space

      8,000 SF Available in Cummings Research Park
      4955 Corporate Dr, Huntsville, AL 35805
      View Details
    • $16 SF/Yr
      65,000 SF

      Prime Huntsville Executive Office Space

      Class A Office, 9,000-65,000 SF Available
      215 Wynn Dr, Huntsville, AL 35805
      View Details
    • $8 SF/Yr

      Huntsville Flex Space Available

      Flex space centrally located with convenient access, available Q1 2024.
      215 Bailes St Nw, Huntsville, AL 35805
      View Details

    Property Visit Statistics

    • Visits by month
      5.0k
    • Visitors by month
      1.7k
    • Avg Time on site
      471 min
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    4801 Governors House SW Dr
    Huntsville, AL 35805-3104
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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