5107 Moores Mill RdHuntsville, AL 35811

Property Details for 5107 Moores Mill Rd

Year built

1997

Construction

WOOD

Lot size

1.70 AC

Property size (Sq ft)

6,927 SF

Property type

Medical offices

Property subtype

Medical centers

APN

13-03-08-0-003-002.000

APU

1303080003002000

Description

This exceptional 1,416 square foot medical office suite is located at 5107 Moores Mill Rd, Huntsville, Alabama, 35811. Situated within a single-story, Class C building totaling 6,000 square feet, this space offers a prime location for medical professionals. The suite itself boasts a spacious front room, a private bathroom, and a smaller office in the back, providing ample room for various medical practices or related businesses. The property features a total of three suites, with this particular suite being the only currently available space. Shared parking is readily available with 25 spaces provided for tenants. The building is zoned "None," offering flexibility for potential tenants. The monthly rent is $1600, modified gross. The property is located in Madison County and is easily accessible from major roadways. This is an excellent opportunity to establish or expand a medical practice in a convenient and well-maintained building. The minimum divisible space is 1,416 square feet, and the maximum contiguous space available is also 1,416 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $1,465,091

  6.5%

  $1,352,391

  7%

  $1,255,792

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,128,339

  Geo Method

  $1,351,181

• Alternative Use

  Use

  Valuation

  Residential

  $1,676,965

  Hospitality

  $1,536,091

  Educational

  $1,278,010

  Medical

  $1,321,963

  Retail

  $1,988,015

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7944

Longitude

-86.5371

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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