7800 Madison BlvdHuntsville, AL 35806

Property Details for 7800 Madison Blvd

Year built

1989

Lot size

2.73 AC

Property size (Sq ft)

58,614 SF

Property type

Office buildings

APN

16-06-14-0-000-016.004

APU

1606140000016004

Description

The Tower @ 7800, located at 7800 Madison Blvd in Huntsville, Alabama, offers exceptional executive office space in a Class B, seven-story building. This 60,000 square foot property sits on a 2.5-acre lot and boasts 10,450 square feet of immediately available space, divisible into units as small as 650 square feet, with a maximum contiguous space of 9,800 square feet. Built in 1989, the building features ample parking (3.3 spaces per 1,000 square feet) and elevators for convenient access. The property is ideally suited for a variety of uses, including general office, laboratory, research and development, engineering, training, and high-technology applications. High-speed internet fiber optics are available throughout the building. A significant amenity is a 50-seat auditorium complete with a stage, sound system, and projection facilities, perfect for presentations or training sessions. The building enjoys high visibility due to its prominent location in Madison County, Alabama, zip code 35806. This is a unique opportunity to secure office space in a well-maintained building with excellent amenities and a strategic location in Huntsville's thriving business community. The property is currently multi-tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $12,397,117

  6.5%

  $11,443,492

  7%

  $10,626,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,547,633

  Geo Method

  $11,433,247

• Alternative Use

  Use

  Valuation

  Residential

  $14,189,930

  Hospitality

  $12,997,900

  Educational

  $10,814,100

  Medical

  $11,186,014

  Retail

  $16,821,934

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.6921

Longitude

-86.7153

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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