6485 University Dr NW Huntsville, AL 35806
- Retail space
- 9,026 SF
- 1.15 lot acres
Current Use by Public Records
- Katie E Farquhar / Physician
- Katherine Farquhar / Physician
- Mac Resource / Electronics & Wireless Store
- Michael Beuoy / Physician
- Miss Shaunta Andrews / Physician
Property Details for 6485 University Dr NW
- Year built
- 2007
- Lot size
- 1.15 lot acres
- Property size
- 9,026 SF
- Property type
- Retail space
- APN
- 15-07-25-0-002-024.001
- APU
- 1507250002024001
Description
This exceptional 15,000 square foot retail building is situated on a one-acre lot at 6485 University Drive in Huntsville, Alabama. Boasting a highly desirable location on US Highway 72, this property benefits from exceptional visibility and extremely high traffic counts, with over 100,000 vehicles passing daily in both directions. The building itself is a two-story structure with a partial basement, offering ample space for a variety of uses. Its solid construction makes it ideal for retail or office purposes. Convenient features include an elevator for easy access between floors, a dedicated training or conference room, and ample parking available both at the front and rear of the building. The asking price for this prime commercial property is $3,980,000. This presents a unique opportunity to acquire a well-established and highly visible commercial space in a thriving Huntsville location. The property's strategic placement on a major thoroughfare ensures consistent exposure to a large potential customer base, making it an attractive investment for businesses seeking high foot traffic and brand visibility. The inclusion of a conference room and elevator further enhances the property's functionality and appeal to a wide range of potential tenants. Don't miss this chance to own a piece of Huntsville's vibrant commercial landscape.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,840,000
- 6.5%
- $1,695,000
- 7%
- $1,575,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,390,000 Current use
- MEDICAL BUILDING
- $1,825,000 Change: +32% Conversion: Difficult
- OFFICE BUILDING
- $1,435,000 Change: +3% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,335,000 Change: -4% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.6866
- Latitude
- 34.7459
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA
