4000 Memorial PkwyHuntsville, AL 35802

  • Industrial properties
  • 119,042 SF
For Lease
$8.45/SF/YR View listing

Property Details for 4000 Memorial Pkwy

Year built
1963
Lot size
12.43 AC
Property size (Sq ft)
119,042 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
17-06-24-1-000-002.000
APU
1706241000002000

Description

This exceptional 175,000-square-foot industrial property, located at 4000 Memorial Pkwy SW in Huntsville, Alabama, presents a significant opportunity. The building, constructed in 1963 and classified as Class C, offers a flexible layout ideal for a variety of uses. Currently, 54,000 square feet of space is available, divisible into units as small as 3,000 square feet. The property sits on a generous 12-acre lot, providing ample room for expansion or outdoor storage. Features include 18-26 foot ceiling heights, enhancing storage and operational efficiency. Loading and unloading are facilitated by four loading docks and three dock-high doors. The property benefits from three-phase power, essential for many industrial operations. Its zoning is designated as Heavy Industrial, allowing for a wide range of permitted uses. Situated in Huntsville's Hubzone and on South Memorial Parkway, this location offers exceptional visibility and convenient access, making it an attractive option for businesses seeking a strategic presence in the Huntsville market. The property is a single-tenant building within Madison County, Alabama, and has a zip code of 35802.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $28,819,014
    Hospitality
    $26,398,062
    Educational
    $21,962,878
    Medical
    $22,718,214
    Retail
    $34,164,476
4000 Memorial Pkwy, Huntsville, Alabama

Location Insight

City
Huntsville
County
Madison
State
Alabama
Latitude
34.6827
Longitude
-86.5795
CBSA code
26620
CBSA name
HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$43,594
$435,060
$316,560
$751,620
-
$2,175,300
$1,582,800
$3,758,100

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