3601 Cci DrHuntsville, AL 35805

Property Details for 3601 Cci Dr

Year built

2006

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

12.71 AC

Property size (Sq ft)

118,501 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

17-02-03-2-001-008.001

APU

1702032001008001

Description

This exceptional 5.47-acre commercial land parcel presents a unique investment opportunity in Huntsville, Alabama. Strategically located at the intersection of Holmes Avenue and 14th Street, this property enjoys high visibility and easy accessibility, situated directly at the entrance to both the VA Outpatient Center and the Clearview Cancer Institute. The site's prime location offers significant advantages for businesses seeking proximity to a substantial medical community and its associated patient and employee traffic. The land is priced at $14 per square foot. Beyond its immediate medical adjacency, this property benefits from convenient access to Interstate 565, providing seamless connectivity to the broader Huntsville area. Furthermore, it's just minutes away from Downtown Huntsville and the University of Alabama in Huntsville, expanding its appeal to a diverse range of potential users. The surrounding area boasts a variety of shopping and dining options, enhancing the overall desirability and convenience of this location. This exceptional parcel offers a rare combination of high visibility, convenient access, and proximity to key amenities, making it an ideal site for a variety of commercial developments. The property's size and location make it suitable for a wide range of commercial uses, presenting a compelling investment opportunity in a thriving Alabama market. The address is 3601 CCI Drive, Huntsville, AL 35805, in Madison County.

• CAP approach

  CAP return

  Valuation

  6%

  $25,063,478

  6.5%

  $23,135,518

  7%

  $21,482,982

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,302,626

  Geo Method

  $23,114,806

• Alternative Use

  Use

  Valuation

  Residential

  $28,688,042

  Hospitality

  $26,278,092

  Educational

  $21,863,064

  Medical

  $22,614,970

  Retail

  $34,009,212

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7237

Longitude

-86.6214

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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