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4940 RESEARCH BLVD HUNTSVILLE, ALABAMA
4940 RESEARCH BLVD HUNTSVILLE, ALABAMA
PROPERTY: 4940 RESEARCH BLVD.
HUNTSVILLE, ALABAMA 35805
Chapman Commercial Realty is focused on providing expert services across Office, Industrial,
Retail and Land properties located throughout North Alabama. We are committed to
enhancing value and building long-term relationships by delivering exceptional service while
employing ethical and honest business practices. We are all about providing full service real
estate solutions to our clients with the best possible results. Our commercial brokerage team
offers knowledge and depth drawn from our many years of experience in the local market.
We are pleased to offer for sale or lease this 24,200 Square foot brick and steel office building
with ample parking to accommodate business usage. Conveniently located in Cummings
Research Park East on 3.5 acres. This property is a Class "B" office space zoned. The property is
a short distance from the Redstone Arsenal military base and the upscale dining and shopping
of Bridge Street Town Centre. Incredible growth potential from surrounding businesses and
major industries. 12,000 leasable square feet are for lease where the tenant pays janitorial and
utilities. Available January 2020.
This property is offered for sale at $1,850,000 and/or $12.00 per square foot leasable space.
William “Bill” Chapman
Broker/Owner
Chapman Commercial Realty
Chapman Commercial Realty, LLC. 2310 Whitesburg Drive, Suite 6
Huntsville, AL 35801
Office: (256) 715-8064
http://www.chapmancommercialrealty.com
REPRESENTATION
CHAPMAN COMMERCIAL REALTY
William “Bill” Chapman
Broker/Owner
2310 Whitesburg Drive, Suite 6
Huntsville, AL 35801
Cell: (256) 656-8413
Office: (256) 715-8064
https://www.chapmancommercialrealty.com
THIS PROPERTY IS REPRESENTED BY:
PROPERTY SUMMARY
Total Acreage 2.92
Total Square Footage 24,200
Year Built 1986
Class B
Parking Spaces 60
Parking Ratio 2.7
Zoning: CRP (Cummings Research Park)
Traffic Count (Per Day):
Wynn Drive @ Research Blvd. 15,390
PHOTOGRAPHS
FLO
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DEMOGRAPHICS
Radius 1 Mile 3 Mile 5 Mile
2024 Projection 1,806 43,576 116,457
2019 Estimate 1,760 41,889 111,998
2010 Census 1,783 39,189 105,085
Growth 2019 - 2024 2.61% 4.03% 3.98%
Growth 2010 - 2019 -1.29% 6.89% 6.58%
2019 Population Hispanic Origin 67 3,240 9,574
White 853 19,445 59,748
Black 778 19,525 45,115
Am. Indian & Alaskan 6 264 782
Asian 62 1,328 3,064
Hawaiian & Pacific Island 5 103 227
Other 56 1,224 3,063
9 958 992
2024 Projection 865 18,800 48,670
2019 Estimate 845 18,053 46,754
2010 Census 867 16,852 43,759
Growth 2019 - 2024 2.37% 4.14% 4.10%
Growth 2010 - 2019 -2.54% 7.13% 6.84%
Owner Occupied 282 6,936 22,748
Renter Occupied 563 11,117 24,006
$49,123 $57,576 $67,592
$35,726 $38,181 $42,048
<$25,000 337 6,367 15,786
$25,000 - $50,000 170 4,395 10,443
$50,000 - $75,000 159 2,642 6,522
$75,000 - $100,000 86 1,841 4,020
$100,000 - $125,000 56 947 2,887
$125,000 - $150,000 4 636 1,981
$150,000 - $200,000 25 747 2,786
$200,000+ 8 478 2,330
2019 Households By Household Income:
Population:
2019 Population By Race:
U.S. Armed Forces:
Households:
2019 Avg. Household Income
2019 Med. Household Income
CHAPMAN COMMERCIAL REALTY
William “Bill” Chapman
Broker/Owner
2310 Whitesburg Drive, Suite 6
Huntsville, AL 35801
Cell: (256) 656-8413
Office: (256) 715-8064
https://www.chapmancommercialrealty.com
The information contained herein has been obtained from sources deemed reliable, but has not been ver-ified or confirmed, and no guarantee, warranty or representation, either expressed or implied, is made with respect to such information. Term of sale or lease and availability, are subject to change or withdrawal without notice. All information to be ver-ified by Purchaser and/or Lessee.
REAL ESTATE DISCLAIMER
