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Property profile & analytics
FOR LEASE
Office buildings

6767 Old Madison Pike Huntsville, AL 35806

46,860 SF 10.2 ac lot Built 1989
Entity Owned Absentee Owner Free & Clear
Property ID
US03-0666782
Property summary
AI-generated overview

Progress Center offers exceptional office space in Huntsville, Alabama's thriving Cummings Research Park Area. This five-building complex totals 221,259 square feet of Class B office space, featuring single-story buildings with multiple tenancy options. Two immediately available suites range from 6,260 to 6,589 square feet, ideal for businesses requiring flexible and professional space. The property is strategically located at 6767 Old Madison Pike, conveniently situated across from Bridge Street Town Centre and less than two miles from Redstone Arsenal's Gate 9. Its location at the intersection of Research Park Boulevard and I-565 provides easy access to major transportation arteries. The RPA (Research Park Applications District) zoning ensures suitability for a variety of businesses. The surrounding area boasts an abundance of amenities, including hotels, restaurants, entertainment venues, and shopping options, creating a convenient and attractive environment for employees and clients. This is an excellent opportunity for government contractors or any business seeking a high-visibility location with growth potential in a dynamic research park setting. The property is zoned RPA - Research Park Applications District.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction MIXED
Total area 46,860 SF
Lot 10.2 ac (444,312 SF)
APN 17-03-07-2-000-007.000
UPID US03-0666782
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
  • Keystone Foods Corporate Office
  • Humatics Corporation Industrial Manufacturer Production Facility
  • enVention (Bike/Boat/Book/etc) Store Corporate Office
  • BlueCats Huntsville (Bike/Boat/Book/etc) Store Corporate Office
  • Leah Evans, Weichert Realtors-The Space Place Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.15M
Owner & transaction history
Shee Atika Holdings Huntsville LLC
Shee Atika Holdings Huntsville LLC
since 2025
7 recorded transactions
2025
$1.4M
2025
$600,000
2025
$1.5M
2025
Price N/A
2024
$7.4M
2024
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $9.5M +27.2%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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