110 Green Cove RdHuntsville, AL 35803

Property Details for 110 Green Cove Rd

Year built

2018

Lot size

5.70 AC

Property size (Sq ft)

3,600 SF

Property type

Retail properties

Property subtype

Other retail properties

APN

23-04-19-0-001-006.000

APU

2304190001006000

Description

This exceptional 3,600-square-foot metal warehouse in Huntsville, Alabama, presents a compelling investment opportunity. Situated on a generous 5.68-acre lot zoned LI in Madison County (zip code 35803), this single-tenant property offers significant advantages. The warehouse features 24-foot clear height ceilings, two drive-in doors, and ample parking, making it well-suited for various light industrial uses. Beyond the main building, the property boasts extensive outdoor storage options. This includes 5,400 square feet of covered storage and a 1.75-acre fenced and graveled laydown yard, expandable to meet specific operational needs. Electricity and lighting are readily available. The property's strategic location provides convenient access to Memorial Pkwy SW, enhancing its logistical appeal. This combination of indoor and outdoor space, coupled with its prime location and functional design, makes this warehouse a highly attractive proposition for businesses seeking efficient and versatile industrial space in Huntsville.

• CAP approach

  CAP return

  Valuation

  6%

  $1,119,281

  6.5%

  $1,033,182

  7%

  $959,384

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,477,738

  Geo Method

  $1,769,584

• Alternative Use

  Use

  Valuation

  Residential

  $871,528

  Hospitality

  $798,315

  Educational

  $664,189

  Medical

  $687,031

  Retail

  $1,033,182

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.5942

Longitude

-86.5604

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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