3776 Sullivan StMadison, AL 35758

  • Office properties
  • 12,244 SF
For Lease

Property Details for 3776 Sullivan St

Year built
1993
Construction
WOOD
Lot size
0.81 AC
Property size (Sq ft)
12,244 SF
Property type
Office properties
Property subtype
Office buildings
APN
16-04-20-1-002-001.001
APU
1604201002001001

Description

West Dublin Office Center offers a prime executive office space opportunity in Madison, AL. This Class B building, totaling 14,984 square feet, features one available suite of 913 square feet, ideally suited for a small business or professional practice. Located on the second floor, the suite benefits from convenient access to I-565 via Madison Boulevard. The property sits on a 0.811-acre lot and is zoned B3 - General Business District, offering flexibility for various commercial uses. Ample parking is provided, with a generous ratio of 4.43 spaces per 1,000 square feet. The building is multi-tenant, allowing for interaction with other businesses. This is an excellent opportunity to secure a well-located, functional office space in a thriving business district. The minimum divisible space is 913 square feet, making it perfect for a single tenant seeking a complete and self-contained office. The property's convenient location and ample parking make it an attractive option for employees and clients alike. Don't miss this chance to establish your business in a desirable and accessible location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,589,660
    6.5%
    $2,390,455
    7%
    $2,219,708
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,994,425
    Geo Method
    $2,388,315
  • Alternative Use

    Use
    Valuation
    Residential
    $2,964,164
    Hospitality
    $2,715,158
    Educational
    $2,258,980
    Medical
    $2,336,670
    Retail
    $3,513,968
3776 Sullivan St, Madison, Alabama

Location Insight

City
Madison
County
Madison
State
Alabama
Latitude
34.6803
Longitude
-86.7525
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
$14,182
$39,780
$162,380
$202,160
-
$198,900
$811,900
$1,010,800

FAQs

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