9238 Madison BlvdMadison, AL 35758

Property Details for 9238 Madison Blvd

Year built

1987

Construction

WOOD

Lot size

9.70 AC

Property size (Sq ft)

54,278 SF

Property type

Office properties

Property subtype

Office buildings

APN

16-04-20-3-000-081.000

APU

1604203000081000

Description

Meadow Green Centre, a Class B office building at 9238 Madison Blvd, Madison, AL 35758, offers 107,770 square feet of versatile space ideal for medical or executive offices. Built in 1987, this multi-tenant property sits on 16.89 acres and provides exceptional visibility and accessibility via Highway 20 West, offering direct access to Huntsville International Airport. The location boasts convenient access to Interstate I-565, placing businesses within easy reach of Decatur, Huntsville, and Chattanooga. The building is situated near the intersection of US Highway 20 West and Wall Triana Highway, a major artery connecting to US Highway 72, ensuring excellent connectivity throughout Madison and the surrounding area. This prime location offers immediate proximity to a variety of restaurants, shopping, and retail options, as well as the majority of Huntsville's business and industrial sectors. Suites ranging from 3,000 to 30,000 square feet are available, making it suitable for businesses of various sizes. Originally designed for research and development, sales and service training, and high-technology applications, this building offers a flexible and well-located space for a variety of professional uses. Madison County location provides access to a strong workforce and thriving business community. The property's strategic location on a major commercial corridor ensures high visibility and easy access for clients and employees.

• CAP approach

  CAP return

  Valuation

  6%

  $11,480,034

  6.5%

  $10,596,954

  7%

  $9,840,029

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,841,342

  Geo Method

  $10,587,467

• Alternative Use

  Use

  Valuation

  Residential

  $13,140,223

  Hospitality

  $12,036,374

  Educational

  $10,014,122

  Medical

  $10,358,523

  Retail

  $15,577,523

Location Insight

City

Madison

County

Madison

State

Alabama

Latitude

34.6746

Longitude

-86.762

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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