4810 Commercial DrHuntsville, AL 35816

Property Details for 4810 Commercial Dr

Year built

1978

Construction

MIXED

Lot size

0.66 AC

Property size (Sq ft)

7,320 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

14-08-33-2-001-004.000

APU

1408332001004000

Description

This exceptional 7,747-square-foot industrial flex building in Huntsville, Alabama, presents a compelling investment opportunity. Located at 4810 Commercial Dr NW, 35816, this single-story, Class B property sits on a 0.66-acre lot and boasts a highly functional layout. The building features approximately 80% warehouse space and 20% office space, ideal for a variety of uses. The warehouse area offers a generous 21-foot ceiling height, two loading docks, and one drive-in door, ensuring efficient material handling. The office area is situated at the front of the building for convenient access. Constructed in 1978, this well-maintained property benefits from a durable standing seam roof and recently updated HVAC systems. The building is currently vacant and has been meticulously maintained, with fresh paint and no deferred maintenance. The property is being sold as-is. This is a rare opportunity to acquire a well-located, functional industrial flex building in a thriving market at an attractive price point of $595,000. The property's size, features, and location make it an excellent choice for owner-occupiers or investors seeking a strong return.

• CAP approach

  CAP return

  Valuation

  6%

  $2,275,872

  6.5%

  $2,100,804

  7%

  $1,950,747

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,004,734

  Geo Method

  $3,598,155

• Alternative Use

  Use

  Valuation

  Residential

  $1,772,107

  Hospitality

  $1,623,241

  Educational

  $1,350,517

  Medical

  $1,396,964

  Retail

  $2,100,804

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7409

Longitude

-86.6358

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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