1041 Balch RdMadison, AL 35758

  • Other commercial real estate
  • 66,513 SF
For Lease
$27/SF/YR View listing

Property Details for 1041 Balch Rd

Year built
2014
Lot size
3.47 AC
Property size (Sq ft)
66,513 SF
Property type
Other commercial real estate
APN
15-09-29-0-001-009.015
APU
1509290001009015

Description

Madison Medical I, a Class A, three-story medical office building totaling 60,000 square feet, offers exceptional leasing opportunities in Madison, Alabama. This prime location at 1041 Balch Rd, 35758, boasts convenient access to Madison Hospital (less than half a mile away), placing it within the thriving Highway 72 retail corridor. The building features two suites, with a minimum divisible space of 1,554 square feet and a maximum contiguous space of 5,651 square feet. Currently, 12,185 square feet is available for lease, spread across the first and third floors. The building provides ample parking with a ratio of 4 spaces per 1,000 square feet. Its strategic location offers easy access to major transportation arteries, including I-565 (6.5 miles) and Huntsville International Airport (10.3 miles), as well as a wide array of hotels, restaurants, and shopping centers. This presents an unparalleled opportunity for medical businesses seeking a high-profile, well-equipped space in a rapidly growing area. The building's modern design and convenient amenities make it an ideal location for a variety of medical practices. Contact us today to learn more about the available suites and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,102,208
    Hospitality
    $14,749,536
    Educational
    $12,271,441
    Medical
    $12,693,475
    Retail
    $19,088,908
1041 Balch Rd, Madison, Alabama

Location Insight

City
Madison
County
Madison
State
Alabama
Latitude
34.7456
Longitude
-86.7669
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
-
$334,560
$67,120
$401,680
-
$1,672,800
$335,600
$2,008,400

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