4975 Bradford DrHuntsville, AL 35806

  • Office buildings
  • 25,998 SF

Property Details for 4975 Bradford Dr

Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.30 AC
Property size (Sq ft)
25,998 SF
Property type
Office buildings
APN
17-03-05-2-001-003.003
APU
1703052001003003

Description

This single-story, Class C office building at 4975 Bradford Drive in Huntsville, Alabama, offers 25,192 square feet of executive office space. Situated on a 3-acre lot in Cummings Research Park East, the property boasts ample parking. Built in 1996, the building is zoned RP and features a total of one suite. Currently, 10,968 square feet of space is available for lease, divisible into units as small as 3,088 square feet. The maximum contiguous space available is 4,440 square feet. This presents a unique opportunity for businesses seeking flexible and well-located office space in Huntsville's thriving research park. The property's convenient location and ample parking make it an attractive option for employees and clients alike. The building's single-story design offers easy accessibility and a functional layout. With its strategic location and significant available space, this property is ideal for a variety of businesses seeking a presence in Huntsville's dynamic commercial landscape. The property is located in Madison County, Alabama, and has a zip code of 35806.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,498,690
    6.5%
    $5,075,714
    7%
    $4,713,163
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,234,814
    Geo Method
    $5,071,170
  • Alternative Use

    Use
    Valuation
    Residential Income
    $6,293,886
    Hospitality / Lodging
    $5,765,166
    Institutional / Educational
    $4,796,550
    Healthcare / Senior Housing
    $4,961,510
    Retail / Commercial
    $7,461,300

Location Insight

City
Huntsville
County
Madison
State
Alabama
Latitude
34.7255
Longitude
-86.66
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
$23,607
$24,620
$382,400
$407,020
-
$123,100
$1,912,000
$2,035,100

FAQs

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