675 Discovery DrHuntsville, AL 35806

Property Details for 675 Discovery Dr

Year built

1990

Lot size

16.00 AC

Property size (Sq ft)

76,986 SF

Property type

Office buildings

APN

14-09-31-0-000-039.000

APU

1409310000039000

Description

This exceptional Class A office building, known as Discovery II, presents a rare opportunity in Huntsville, Alabama's thriving Cummings Research Park West (RPW). Located at 675 Discovery Dr NW, 35806, this three-story building boasts 76,000 square feet of total space situated on an expansive 11-acre lot, offering a park-like setting. The property features one building with multiple suites available, providing flexibility for various business needs. Currently, 16,780 square feet of space is vacant, offering immediate occupancy options. Individual suites range from a minimum of 8,200 square feet to a maximum contiguous space of 8,580 square feet, ideal for larger organizations or those seeking substantial office space. The building is equipped with elevators for convenient access to all three floors. Its prime location within the Research Park West zoning ensures easy access to key amenities and a vibrant business community. The meticulously landscaped grounds enhance the professional image and provide a welcoming environment for employees and clients alike. This is a unique opportunity to secure high-quality office space in a highly sought-after location. The property's size and amenities make it suitable for a variety of businesses seeking a prestigious and functional workspace in Huntsville, Alabama.

• CAP approach

  CAP return

  Valuation

  6%

  $16,282,875

  6.5%

  $15,030,346

  7%

  $13,956,750

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,540,248

  Geo Method

  $15,016,889

• Alternative Use

  Use

  Valuation

  Residential

  $18,637,628

  Hospitality

  $17,071,968

  Educational

  $14,203,677

  Medical

  $14,692,163

  Retail

  $22,094,608

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7342

Longitude

-86.6744

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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