620 Discovery DrHuntsville, AL 35806

Property Details for 620 Discovery Dr

Year built

1989

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

11.00 AC

Property size (Sq ft)

61,659 SF

Property type

Office properties

Property subtype

Office buildings

APN

14-09-31-0-000-045.000

APU

1409310000045000

Description

This exceptional Class A office property, Lakeside Office Center, offers 122,000 square feet of space across two, three-story buildings in Huntsville's Cummings Research Park. Ideally situated near Research Park Boulevard and I-565, this multi-tenant campus provides convenient access to major roadways. Currently, two suites are available, ranging from 2,524 to 3,325 square feet, perfect for businesses seeking executive, creative, or traditional office space. The property boasts stunning lake views, creating a serene and productive work environment. Ample tenant parking is provided, ensuring convenient access for employees and visitors. On-site property maintenance ensures a well-maintained and safe environment, while after-hours key card access offers security and flexibility. A selection of leading internet service providers, including AT&T, CenturyLink, and WOW! Business, are available. The location offers proximity to the vibrant MidCity District and Bridge Street Town Centre, providing employees with easy access to a variety of dining, shopping, and entertainment options. The property's zoning is RPW - Research Park West, making it particularly well-suited for defense, space, research, and technology companies.

• CAP approach

  CAP return

  Valuation

  6%

  $13,041,147

  6.5%

  $12,037,982

  7%

  $11,178,126

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,043,633

  Geo Method

  $12,027,205

• Alternative Use

  Use

  Valuation

  Residential

  $14,927,098

  Hospitality

  $13,673,141

  Educational

  $11,375,893

  Medical

  $11,767,128

  Retail

  $17,695,834

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7301

Longitude

-86.6753

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].