5030 Bradford DrHuntsville, AL 35805

For Lease
$21.75/SF/YR View listing
  • Office buildings
  • 67,618 SF

Property Details for 5030 Bradford Dr

Year built
1999
Lot size
9.12 AC
Property size (Sq ft)
67,618 SF
Property type
Office buildings
APN
14-09-31-0-000-062.000
APU
1409310000062000

Description

The Intuitive Center at Research Park offers 134,318 square feet of Class A office space in two, two-story buildings, constructed in 1999. This prime location within Huntsville's Research Park District provides unparalleled access to Research Park Boulevard, Bradford Drive, and I-565, ensuring seamless connectivity. The property features a total of 3 available suites ranging from 2,000 to 18,754 square feet, perfect for multiple tenants. Amenities include elevators and an on-site fitness center, promoting employee well-being. Its strategic location within Cummings Research Park offers proximity to a variety of dining, hotel, and entertainment options, including the MidCity District and Bridge Street Town Centre. The zoning is RP - Research Park District, and its convenient location near Gate 9 at Redstone Arsenal makes it especially attractive to defense and government contractors. This exceptional property provides a dynamic work environment with easy access to major transportation routes and key business and leisure destinations, ideal for attracting and retaining top talent.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,301,502
    6.5%
    $13,201,386
    7%
    $12,258,430
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,014,294
    Geo Method
    $13,189,567
  • Alternative Use

    Use
    Valuation
    Residential
    $16,369,719
    Hospitality
    $14,994,575
    Educational
    $12,475,310
    Medical
    $12,904,355
    Retail
    $19,406,038
5030 Bradford Dr, Huntsville, Alabama

Location Insight

City
Huntsville
County
Madison
State
Alabama
Latitude
34.7296
Longitude
-86.6667
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
$134,837
$74,780
$2,250,000
$2,324,780
-
$373,900
$11,250,000
$11,623,900

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