190 Lime Quarry RdMadison, AL 35758

  • Office properties
  • 32,844 SF
For Sale
$1,374 View listing

Property Details for 190 Lime Quarry Rd

Year built
1986
Lot size
2.33 AC
Property size (Sq ft)
32,844 SF
Property type
Office properties
Property subtype
Office buildings
APN
16-05-21-0-000-063.000
APU
1605210000063000

Description

This exceptional 32,384 square foot office space at 190 Lime Quarry Road, Unit 113, in Madison, Alabama presents a unique opportunity for businesses seeking a prime location. Situated off Madison Boulevard, this refurbished property offers unparalleled convenience with easy access to Redstone Arsenal, South Huntsville, and surrounding areas. The strategic location provides effortless commutes via Interstate 565, Interstate 65, and Memorial Parkway, ensuring seamless connectivity for employees and clients. Individual units are thoughtfully designed, typically featuring a reception area, a private restroom, and three private offices. Some units offer the flexibility of four smaller offices, catering to diverse business needs. Furthermore, the property allows for the combination of adjacent units, providing scalability to accommodate growth and expansion. This adaptable space is ideal for companies requiring a well-maintained, conveniently located, and easily accessible office environment in the thriving Madison, Alabama market. The property is offered at $1374 (price likely represents a monthly rent or a different unit of measure, further details should be requested). This listing presents a compelling opportunity to establish or relocate your business in a highly desirable location. Inquire today for more information and availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,946,649
    6.5%
    $6,412,292
    7%
    $5,954,270
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,349,958
    Geo Method
    $6,406,550
  • Alternative Use

    Use
    Valuation
    Residential
    $7,951,242
    Hospitality
    $7,283,294
    Educational
    $6,059,616
    Medical
    $6,268,015
    Retail
    $9,426,069
190 Lime Quarry Rd, Madison, Alabama

Location Insight

City
Madison
County
Madison
State
Alabama
Latitude
34.6756
Longitude
-86.75
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
$25,387
$61,680
$297,820
$359,500
-
$308,400
$1,489,100
$1,797,500

FAQs

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