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2010 Bob Wallace Ave SW
Huntsville, AL 35805
Corner Site Near Whole Foods - 100,000vpd(OZ) · Land For Sale
·
1.26 AC
Investment Highlights
- Exposure to over 100,000 cars per day on Hwy 231, Bob Wallace, Leeman Ferry
- US Space Command relocating to Huntsville, bringing up to 30,000 new jobs in the community
- Within 3 miles (and on same street) as University of Alabama Huntsville (9,000 college students)
- Within 150 Yards of Whole Foods, as well as Chuy's, ULTA, Mountain High Outfitters, etc.
- Within 1 Mile of Huntsville Hospital (881 Beds / 9,000+ Jobs / Currently undergoing $150M Expansion)
- 10,000sf Building with 10 Roll-Up Doors, Great Redevelopment Possibilities and Ample Parking
Executive Summary
Property is currently home to attractive 10,000sf, 10-bay automotive repair building with 10 roll-up doors with ample storage and parking, which could easily be re-used for automotive purposes, or converted to upscale retail, restaurant, medical, fitness or entertainment uses.
Property could also be scraped for someone looking to bring in a premium QSR, gas station, carwash, hotel, office, or multifamily apartments.
Property is located in the center of several massive Huntsville institutions and new developments.
*0.1 Miles E - Whole Foods, ULTA, Chuy's, Char Steakhouse, Mountain High Outfitters, Cyclebar, Farm Burger
*0.3 Miles SE - Parkway Place Mall - Belk, Dillards, Carrabas, Children's Place, Victoria's Secret, Forever 21, American Eagle
*0.4 Miles NW - Lowe Mill ReDev & Skybridge Trailhead ($65M pedestrian bridge linking to Downtown - Construction starting in 2024)
*0.5 Miles E - Huntsville High School - 1,800+ Students on Bob Wallace Avenue
*0.8 Miles N - Huntsville Hospital - The 2nd Largest Hospital in AL with 881 beds / 9,000+ jobs, currently undergoing $150M expansion
*0.8 Miles S - Joe Davis Stadium (6,000 Seat Pro Soccer Stadium home to MLS Next Team) & Stadium Commons Retail Development
*0.8 Miles S - John Hunt Park - 450ac, 18 soccer fields, 15 volleyball courts, 36 tennis courts, Ice Arena, Baseball/Softball Fields
*1.0 Miles N - Von Braun Center - HSV's premier multipurpose facility with 9,000 Seat Capacity Arena hosting concerts, sports, etc.
*3.0 Miles W - University of Alabama at Huntsville (UAH) - 8,000 Students on Same Street - B. Wallace Ave Becomes Sparkman Dr
*3.0 Miles W - Cummins Research Park - 2nd Largest in the WORLD - 300 Companies - Lockheed Martin, Blue Origin, Raytheon, IBM, etc.
NOTE: LOCATION IS CURRENTLY OCCUPIED BY AUTO REPAIR TENANT. PLEASE DO NOT COMMUNICATE WITH OR DISTURB EXISTING TENANT
Property Facts
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.26 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.26 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Lot Size | 1.26 AC |
| Lot Size | 1.26 AC |
Prime Redevelopment Opportunity, For Sale, Lease or Build-to-Suit, within 150 yards of Whole Foods Market and exposure to over 100,000 cars per day on Bob Wallace Ave, Highway 231 and Leeman Ferry Road SW, within a Federal Opportunity Zone.
Description
Prime Redevelopment Opportunity, For Sale or Lease within 150 yards of Whole Foods Market and exposure to over 100,000 cars per day on Bob Wallace Ave, Highway 231 and Leeman Ferry Road SW, within a Federal Opportunity Zone. Property is currently home to attractive 10,000sf, 10-bay automotive repair building with 10 roll-up doors with ample storage and parking, which could easily be re-used for automotive purposes, or converted to upscale retail, restaurant, medical, fitness or entertainment uses. Property could also be scraped for someone looking to bring in a premium QSR, gas station, carwash, hotel, office, or multifamily apartments. Property is located in the center of several massive Huntsville institutions and new developments. *0.1 Miles E - Whole Foods, Lululemon, ULTA, Chuy's, Char Steakhouse, Mountain High Outfitters, Cyclebar, Farm Burger *0.3 Miles SE - Parkway Place Mall - Belk, Dillards, Carrabas, Children's Place, Victoria's Secret, Forever 21, American Eagle *0.4 Miles NW - Lowe Mill ReDev & Skybridge Trailhead ($65M pedestrian bridge linking to Downtown - Construction starting in 2024) *0.5 Miles E - Huntsville High School - 1,800+ Students on Bob Wallace Avenue *0.8 Miles N - Huntsville Hospital - The 2nd Largest Hospital in AL with 881 beds / 9,000+ jobs, currently undergoing $150M expansion *0.8 Miles S - Joe Davis Stadium (6,000 Seat Pro Soccer Stadium) & Stadium Commons Retail Development *0.8 Miles S - John Hunt Park - 450ac, 18 soccer fields, 15 volleyball courts, 36 tennis courts, Ice Arena, Baseball/Softball Fields *1.0 Miles N - Von Braun Center - HSV's premier multipurpose facility with 9,000 Seat Capacity Arena hosting concerts, sports, etc. *3.0 Miles W - University of Alabama at Huntsville (UAH) - 8,000 Students on Same Street - B. Wallace Ave Becomes Sparkman Dr *3.0 Miles W - Cummins Research Park - 2nd Largest in the WORLD - 300 Companies - Lockheed Martin, Blue Origin, Raytheon, IBM, etc. NOTE: LOCATION IS CURRENTLY OCCUPIED BY AUTO REPAIR TENANT. PLEASE DO NOT COMMUNICATE WITH OR DISTURB EXISTING TENANT
Property Taxes
| Parcel Number | 17-01-11-1-000-003.000 | Improvements Assessment | $135,960 |
| Land Assessment | $22,360 | Total Assessment | $158,320 |
Property Taxes
