190 Lime Quarry RdMadison, AL 35758

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 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.

• CAP approach

  CAP return

  Valuation

  6%

  $7,872,870

  6.5%

  $7,267,260

  7%

  $6,748,170

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,349,960

  Geo Method

  $6,406,550

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $14,530,700

  Retail / Commercial

  $7,407,590

  Mixed-Use / Specialty

  $7,346,760

  Hospitality / Lodging

  $5,345,270

  Institutional / Educational

  $7,625,370

  Residential Income

  $8,921,680

  Multifamily

  $10,891,000

  Automotive / Energy

  $6,536,030

  Parking / Income-Based Land

  $2,289,510

  Restaurant / Food Service

  $3,747,650

  Healthcare / Senior Housing

  $7,569,260

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

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