4721 Commercial DrHuntsville, AL 35816

  • Outlet malls
  • 7,803 SF
For Lease
$10/SF/YR View listing

Property Details for 4721 Commercial Dr

Year built
1985
Lot size
0.46 AC
Property size (Sq ft)
7,803 SF
Property type
Outlet malls
APN
14-08-33-1-001-037.000
APU
1408331001037000

Description

This exceptional 8,137-square-foot warehouse, located at 4721 Commercial Drive NW in Huntsville, Alabama, 35816, presents a significant opportunity for businesses seeking a functional and well-maintained industrial space. Built in 1985, the property boasts a single-tenant occupancy, offering complete control and flexibility. The entire 8,137 square feet is currently vacant and ready for immediate occupancy. The warehouse features a desirable ceiling height ranging from 12 to 14 feet, providing ample vertical space for storage and operations. The building is equipped with robust 600 AMP electrical service, ensuring sufficient power for a variety of industrial applications. Its central Huntsville location offers easy access to major transportation routes and a thriving business community. The property is described as clean and fully conditioned, indicating a well-maintained structure ready for immediate use. This stand-alone building provides privacy and security, ideal for businesses requiring dedicated space. This is a rare opportunity to secure a substantial, well-located industrial property in a growing market. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,426,042
    6.5%
    $2,239,423
    7%
    $2,079,464
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,202,997
    Geo Method
    $3,835,574
  • Alternative Use

    Use
    Valuation
    Residential
    $1,889,037
    Hospitality
    $1,730,348
    Educational
    $1,439,629
    Medical
    $1,489,140
    Retail
    $2,239,423

Location Insight

City
Huntsville
County
Madison
State
Alabama
Latitude
34.7402
Longitude
-86.6333
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
$4,159
$7,200
$64,500
$71,700
-
$36,000
$322,500
$358,500

FAQs

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