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6459 University NW Dr Huntsville, AL 35806-1715

OFF-MARKET Office buildings Google Maps
6,108 SF 1.5 ac lot Built 2002
Individually Owned 1-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.20M
Range $1.08M – $1.32M (±10%)
Property ID US03-0893413

Property summary

AI-generated overview

This exceptional 6,000-square-foot Class A creative office building in Huntsville, Alabama, is available for sale at $1,500,000. Located on a 1.5-acre lot at 6459 University Drive, this single-story building boasts a prime location with 97 feet of frontage on a high-traffic corridor (approximately 51,200 cars daily). Recently renovated in 2021 with $1.5 million in improvements, the property features office space, a large reception area, a prep area, and a convenient roll-up door. The property is currently vacant and offered as a fee-simple ownership with a NNN lease type. Its strategic location offers easy access to Research Park Blvd (HWY 255), Interstate 565, and both Huntsville and Madison. The property benefits from strong tenant synergy, surrounded by numerous retail establishments including Target, Walmart, and CarMax, as well as residential areas, creating a robust consumer base. The building's previous use as an auto dealership provides adaptable space for various businesses. The pro-forma NOI is $102,000, resulting in a 6.80% pro-forma cap rate. The permitted zoning is CIP. This investment opportunity offers exceptional visibility and access within a vibrant retail/automotive corridor, just 0.6 miles from the Westside Center and six miles from downtown Huntsville.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2002
Total area 6,108 SF
Lot 1.5 ac (65,514 SF)
APN 15-07-25-0-002-024.000
UPID US03-0893413

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor
  • Engineering Consultant
  • Car Dealership

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.26M
CAP Approach CAP
$1.28M
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$1.20M

Owner & transaction history

since 2025
Last sale
$1.1M
7 recorded transactions
2025
$1.3M
2022
Price N/A
2021
$1.1M
2019
$600,000
2018
Price N/A
2016
$732,565
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $1.2M +27.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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