250 Chateau DrHuntsville, AL 35801

Property Details for 250 Chateau Dr

Year built

1990

Construction

MIXED

Lot size

2.19 AC

Property size (Sq ft)

47,287 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

18-04-18-2-000-047.000

APU

1804182000047000

Description

This exceptional 6,843 square foot medical office space is located within the prestigious Crestwood Professional Center at 250 Chateau Dr SW, Huntsville, AL 35801, conveniently situated near Airport Blvd. The space, Suite 245, is currently vacant and offers a flexible, mostly open floor plan, previously occupied by a home healthcare service. The suite is divisible to accommodate various needs and can be customized for different medical or related uses. The two-story, 44,907 square foot building was constructed in 1990 and boasts elevator access to the second floor. The Crestwood Professional Center is a thriving medical hub, currently housing a diverse range of medical specialties including Internal Medicine, Infectious Diseases, OB/GYN, Podiatry, a laboratory, and Behavioral Health services. This presents a unique opportunity to establish or expand your practice within an established and reputable medical community. The property is located in Madison County, Alabama, offering easy access to major transportation routes and a strong local patient base. This prime location and adaptable space make it an ideal investment for healthcare professionals seeking a well-established and convenient setting. The building offers multiple tenancies, creating a vibrant and collaborative environment. This is a rare opportunity to secure a significant footprint in a highly sought-after medical office building.

• CAP approach

  CAP return

  Valuation

  6%

  $10,001,407

  6.5%

  $9,232,068

  7%

  $8,572,634

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,702,578

  Geo Method

  $9,223,802

• Alternative Use

  Use

  Valuation

  Residential

  $11,447,764

  Hospitality

  $10,486,090

  Educational

  $8,724,304

  Medical

  $9,024,346

  Retail

  $13,571,140

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.6938

Longitude

-86.5737

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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