Property profile

654 Discovery Dr Huntsville, AL 35806

OFF-MARKET
Office Spaces
Property ID
US03-0746731
53,626 SF 5 ac lot Built 1990
Entity Owned 9-yr Hold
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Property summary

AI-generated overview

This exceptional Huntsville, Alabama office property, located at 654 Discovery Drive NW, 35806, offers 53,626 square feet of versatile coworking space within two buildings situated on a five-acre lot in the Cummings Research Park West. The property, classified as Class B, was constructed in 1990 and underwent renovations in 2017. The buildings, each two stories high, boast a total of 172 offices, including large executive suites. Amenities include a striking atrium lobby with dual entrances, an expansive main conference room, and two additional large meeting rooms. The property offers ample parking with 124 spaces and two elevators for convenient access. The minimum divisible space is 23,500 square feet, with the option to lease the entire 53,626 square feet. The zoning is designated as Research Park, ensuring a strategic location with high visibility from Research Park Boulevard. This property is ideal for a single tenant or multiple tenants seeking a modern and well-equipped workspace in a highly desirable location within Madison County.

Property profile

Verified
Property type Office Spaces
Year built 1990
Total area 53,626 SF
Lot 5 ac (217,800 SF)
UPID US03-0746731

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
  • Engineering Consultant
  • High School

Location

654 Discovery Dr Huntsville, AL 35806
Huntsville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2017
1 recorded transaction
2017
$31,380

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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