101 Bob Wallace AveHuntsville, AL 35801

Property Details for 101 Bob Wallace Ave

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.77 AC

Property size (Sq ft)

1,200 SF

Property type

Medical offices

Property subtype

Medical centers

APN

17-01-12-1-001-016.002

APU

1701121001016002

Description

This exceptional medical office space, located at 101 Bob Wallace Ave SW in Huntsville, Alabama, offers two available suites totaling 4,315 square feet of vacant space. Situated within Huntsville's thriving medical district, this two-story building enjoys a highly desirable location near Huntsville Hospital and Crestwood Medical Center, ensuring excellent visibility and accessibility for patients and staff. The building features convenient elevator access, catering to the needs of medical professionals and their clients. The available suites range in size from 1,505 square feet to 2,810 square feet, providing flexibility for various medical practices. The property is classified as a multi-tenant building, offering a collaborative environment. The building's location in Madison County, Alabama, with a zip code of 35801, provides easy access to major transportation routes and amenities. This is an unparalleled opportunity to establish or expand a medical practice in a prime location within a well-established medical community. The building's existing medical tenants create a synergistic environment, further enhancing the property's appeal. This property presents a unique chance to secure a prominent presence in Huntsville's dynamic healthcare landscape. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $253,805

  6.5%

  $234,282

  7%

  $217,547

• Comparable approach

  Method

  Valuation

  Relative Method

  $195,468

  Geo Method

  $234,072

• Alternative Use

  Use

  Valuation

  Residential

  $290,509

  Hospitality

  $266,105

  Educational

  $221,396

  Medical

  $229,010

  Retail

  $344,394

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7124

Longitude

-86.5754

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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