6485 University DrHuntsville, AL 35806

Property Details for 6485 University Dr

Year built

2007

Lot size

1.15 AC

Property size (Sq ft)

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,205,350

  6.5%

  $2,035,710

  7%

  $1,890,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,529,050

  Geo Method

  $1,831,040

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,993,240

  Mixed-Use / Specialty

  $2,018,990

  Hospitality / Lodging

  $1,468,960

  Office

  $1,997,150

  Institutional / Educational

  $2,095,560

  Residential Income

  $2,451,810

  Multifamily

  $2,993,000

  Automotive / Energy

  $1,796,190

  Parking / Income-Based Land

  $629,190

  Restaurant / Food Service

  $1,029,910

  Healthcare / Senior Housing

  $2,080,140

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7459

Longitude

-86.6866

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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