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Property profile & analytics
OFF-MARKET Estimated value $3,355,000
Investment properties

6290 University NW Dr Huntsville, AL 35806-1790

19,964 SF 2.81 ac lot Built 2005
Entity Owned 9-yr Hold Free & Clear
Property ID
US03-0663220
Property summary
AI-generated overview

Waddell Plaza, located at 6290 University Dr in Huntsville, Alabama (zip code 35806), offers a prime retail opportunity. This single-tenant commercial property boasts a total of 29,164 square feet, with 1,167 square feet currently available for lease. The building is situated in Madison County and provides ample parking with 140 spaces for customers and employees. The property is classified as retail and is ideal for a variety of businesses seeking a high-visibility location in a thriving area of Huntsville. The available space presents a unique chance to establish or expand a retail operation within a well-maintained building. The property's convenient location on University Drive ensures high traffic volume and excellent exposure to potential customers. This is a single-suite space, offering a cohesive and efficient layout. Interested parties are encouraged to inquire about lease terms and conditions to explore this exceptional retail leasing opportunity. The property's size and parking capacity make it suitable for a range of retail businesses. The address is easily accessible and benefits from strong local visibility. This is a rare opportunity to secure a well-located retail space in a desirable Huntsville location. Contact us to schedule a viewing and discuss your business needs.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2005
Total area 19,964 SF
Lot 2.81 ac (122,229 SF)
APN 15-07-25-0-001-008.008
UPID US03-0663220
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
  • Boost Mobile Telecommunications Service
  • Great Clips Hair Salon
  • Edible Arrangements Take-out & Catering Catering Service
  • Sushime Asian Bistro Restaurant
  • Mary Jane's CBD Dispensary - Smoke & Vape Shop University Drive (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.71M
Comparable Approach Comparable
$4.17M
Blend (final) Blend
$3.36M
Owner & transaction history
Hickory Flat LLC · 9 yrs held
Hickory Flat LLC
since 2016
7 recorded transactions
2018
Price N/A
2016
Price N/A
2016
$915,000
2014
Price N/A
2013
$3.1M
2013
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $4.0M +36.6%
Office building $3.2M +7.4%
Retail stores $3.1M +3.8%
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