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6767 Old Madison Pike Huntsville, AL 35806

Office buildings Google Maps
46,860 SF 10.2 ac lot Built 1989
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$1.24M
Range $1.12M – $1.36M (±10%)
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

Current use

Occupant on record · Public records
  • Corporate Office
  • Industrial Manufacturer Production Facility
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • 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
$1.24M

Owner & transaction history

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

Top alternative use upside
Medical building $9.5M +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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More about this property
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