4955 Corporate DrHuntsville, AL 35805

Property Details for 4955 Corporate Dr

Year built

1989

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.39 AC

Property size (Sq ft)

50,306 SF

Property type

Office properties

Property subtype

Office buildings

APN

14-09-32-3-000-012.000

APU

1409323000012000

Description

This exceptional three-story office building, situated at 4955 Corporate Dr NW in Huntsville, Alabama, presents a prime opportunity for businesses seeking executive office space. The property, totaling 47,255 square feet, boasts a Class C designation and was constructed in 1989. Currently, 8,000 square feet of readily available space is perfect for immediate occupancy. The building features a multiple tenancy structure, offering flexibility for various business needs. Its strategic location within Cummings Research Park East, at the corner of Wynn Drive and Corporate Drive, provides excellent visibility and accessibility. The property is beautifully landscaped, enhancing its curb appeal and creating a welcoming environment. The zoning is designated as RP, and the building is located in Madison County, Alabama, zip code 35805. This three-story building offers a variety of office sizes, making it suitable for businesses of different scales. The property's convenient location and ample available space make it an ideal choice for companies seeking a professional and well-maintained office environment in a thriving research park setting. The building's 1989 construction date provides a solid foundation for future growth and development. This is a rare opportunity to secure significant office space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $10,639,938

  6.5%

  $9,821,482

  7%

  $9,119,947

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,194,343

  Geo Method

  $9,812,688

• Alternative Use

  Use

  Valuation

  Residential

  $12,178,637

  Hospitality

  $11,155,566

  Educational

  $9,281,300

  Medical

  $9,600,498

  Retail

  $14,437,578

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7321

Longitude

-86.6561

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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