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    Property profile & analytics

    5275 Millennium NW Dr Huntsville, AL 35806-2457

    • Medical offices
    • 17,332 SF
    • 4.40 lot acres
    OFF-MARKET
    Value Estimation
    $570,000
    Location Intelligence
    Property ID
    US03-0939177
    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

    • Aanita J. Robinson, LPTA / Physical Therapist
    • Nancy L. Stetson, LPTA / Physical Therapist
    • AHC Millennium / Nursing Home
    • Chandler Kimberly H / Pharmacy
    • Lindy Hudgins / Occupational Therapist

    Property Details for 5275 Millennium NW Dr

    Year built
    2012
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.40 lot acres
    Property size
    17,332 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    14-09-30-1-002-001.002
    APU
    1409301002001002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $635,000
      6.5%
      $720,000
      7%
      $725,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $620,000
      Geo Method
      $705,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $740,000
      Retail
      $575,000
      Mixed-Use
      $600,000
      Hospitality
      $735,000
      Educational
      $575,000
      Residential Income
      $585,000
      Energy
      $580,000
      Income-Based Land
      $575,000
      Food Service
      $655,000

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.6659
    Latitude
    34.7533
    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
    $28,384
    $76,560
    $412,820
    $489,380
    -
    $382,800
    $2,064,100
    $2,446,900

    Comparable in this City

    • Value Estimation
      $3,045,000
      17,424 SF

      1878 Jeff NW Rd

      MEDICAL BUILDING • 17,424 SF
      1878 Jeff NW Rd, Huntsville, AL 35806-4260
      View Details
    • Value Estimation
      $450,000
      3,962 SF

      6870 Research Park NW Blvd

      MEDICAL BUILDING • 3,962 SF
      6870 Research Park NW Blvd, Huntsville, AL 35806-1198
      View Details
    • Value Estimation
      $860,000
      3,296 SF

      7224 Governors Wnw

      MEDICAL BUILDING • 3,296 SF
      7224 Governors Wnw, Huntsville, AL 35806-2051
      View Details
    • Value Estimation by Request
      125,845 SF

      451 Johns NW Rd

      HOMES (RETIRED, NURSING) • 125,845 SF
      451 Johns NW Rd, Huntsville, AL 35806-2941
      View Details
    • Value Estimation
      $960,000
      39,430 SF

      5275 Millennium NW Dr

      HOMES (RETIRED, NURSING) • 39,430 SF
      5275 Millennium NW Dr, Huntsville, AL 35806-2457
      View Details
    • Value Estimation by Request
      4,254 SF

      7300 Madison Blvd

      OFFICE BUILDING • 4,254 SF
      7300 Madison Blvd, Huntsville, AL 35806-2063
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      40,000 SF

      Huntsville Office Building For Sale

      40,000 SF office building with various configurations available.
      977 Explorer Blvd NW, Huntsville, AL 35806
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    • Contact for pricing
      101,026 SF

      Huntsville Office Space - 101,026 SF

      Class A Office Space, Huntsville, AL. Prime location.
      1500 Perimeter Pkwy, Huntsville, AL 35806
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    • $5,000,000
      35,000 SF

      Huntsville Office Building with Lab

      Professional office building with lab space in Cummings Research Park.
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    • $1,199,000
      0.47 Acres

      Renovated Office Warehouse in Huntsville

      Renovated office warehouse with flexible space in central Huntsville.
      3010 University Dr, Huntsville, AL 35806
      View Details
    • Contact for pricing
      12.49 Acres

      Sealy Commercial Development Land

      Huntsville, AL: Prime 12.49-acre site
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    • Contact for pricing

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      Move-in ready Class A corporate environment in Huntsville's innovation corridor.
      907 Explorer Blvd NW, Huntsville, AL 35806
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    Similar Nearby for Lease

    • Contact for pricing
      151,565 SF

      Huntsville Office Space: 151,565 SF

      Prime Huntsville office building, multiple tenancy options.
      475 Quality Cir, Huntsville, AL 35806
      View Details
    • $22 SF/Yr
      102,000 SF

      Bradford Office Park: Huntsville, AL

      Prime Huntsville Office Space: Flexible Suites Available
      5025 Bradford Dr, Huntsville, AL 35806
      View Details
    • $18 SF/Yr
      25,000 SF

      Huntsville Executive Office Space

      25,000 SF Office Building For Lease
      4920 University Sq, Huntsville, AL 35806
      View Details
    • Contact for pricing
      41,054 SF

      Huntsville Flex Space: Progress Center #7

      Prime Huntsville location, 8,904 SF available.
      6767 Old Madison Pike, Huntsville, AL 35806
      View Details
    • $22 SF/Yr
      13,042 SF

      Huntsville Office Space: Prime Location

      Executive Suites, Coworking, Creative Offices
      7027 Old Madison Pike, Huntsville, AL 35806
      View Details
    • $20 SF/Yr
      51,440 SF

      Huntsville Office Space: 150 West Park Loop

      Prime Huntsville office space, multiple suites available.
      150 Park Loop, Huntsville, AL 35806
      View Details
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    Huntsville, AL 35806-2457
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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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