461 Capshaw RdMadison, AL 35757

Property Details for 461 Capshaw Rd

Year built

2006

Construction

WOOD

Lot size

1.85 AC

Property size (Sq ft)

8,604 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

15-05-15-0-002-079.000

APU

1505150002079000

Description

This single-tenant office space, located on Capshaw Road in Huntsville, Alabama, offers 600 square feet of flexible interior space ideal for a variety of businesses. The property's convenient location provides easy access to Research Park, University Drive (Highway 72), and Research Park Boulevard, ensuring excellent visibility and accessibility for clients and employees. The interior features one bathroom, adding to the convenience and functionality of the space. In addition to the main office area, the property includes an attached garage or storage area totaling 270 square feet, providing ample space for inventory, equipment, or additional storage needs. This versatile space is perfect for a small business seeking a well-located, functional, and easily accessible office in a thriving Huntsville neighborhood. The property's size and amenities make it an attractive option for businesses seeking a cost-effective and efficient workspace. The combination of office space and additional storage makes this an exceptional opportunity for a variety of professional uses. This property is offered as a single-tenant space, providing privacy and control over the environment. Its strategic location near key transportation arteries and prominent business districts makes it a highly desirable location for businesses seeking a competitive edge in the Huntsville market. Don't miss this chance to secure a well-situated and functional office space in a prime Huntsville location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,084,980

  6.5%

  $1,924,600

  7%

  $1,787,130

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,429,540

  Geo Method

  $1,711,860

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,806,540

  Retail / Commercial

  $1,940,530

  Hospitality / Lodging

  $1,400,280

  Office

  $1,903,770

  Institutional / Educational

  $1,997,580

  Residential Income

  $2,337,170

  Multifamily

  $2,853,070

  Automotive / Energy

  $1,712,220

  Parking / Income-Based Land

  $599,773

  Restaurant / Food Service

  $981,755

  Healthcare / Senior Housing

  $1,982,890

Location Insight

City

Madison

County

Madison

State

Alabama

Latitude

34.7727

Longitude

-86.7292

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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