1000 James Record RdHuntsville, AL 35824

Property Details for 1000 James Record Rd

Year built

1975

Lot size

30.00 AC

Property size (Sq ft)

14,980 SF

Property type

Office buildings

APN

16-09-29-0-000-019.000

APU

1609290000019000

Description

This expansive Huntsville, Alabama property, located at 1000 James Record Rd SW, offers 355,194 square feet of versatile space ideal for a variety of industrial and office uses. The property is zoned for Airport Industrial District use and features a mix of executive office, manufacturing, and warehouse space. Currently, 204,190 square feet is available for lease, with minimum divisible space starting at 18,092 square feet and a maximum contiguous space of 204,190 square feet. Built in 1980 and extensively renovated in 2021, the single-story building boasts an impressive 18-foot ceiling height. The property includes ample parking with 137 surface spaces, along with convenient features such as two dock-high doors and one drive-in door. Power is robust, offering 3000 KVA, 480/277 3-phase power with 1600 amps available. Situated on a generous 40.3-acre lot, this property provides significant space and opportunity. The property's location in Huntsville, AL, zip code 35824, offers excellent access to transportation and infrastructure. The property's APN is 16-09-29-0-000-019.000

• CAP approach

  CAP return

  Valuation

  6%

  $3,168,335

  6.5%

  $2,924,617

  7%

  $2,715,716

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,440,092

  Geo Method

  $2,921,999

• Alternative Use

  Use

  Valuation

  Residential Income

  $3,626,525

  Hospitality / Lodging

  $3,321,878

  Institutional / Educational

  $2,763,763

  Healthcare / Senior Housing

  $2,858,813

  Retail / Commercial

  $4,299,188

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.6573

Longitude

-86.761

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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