807 Regal DrHuntsville, AL 35801

Property Details for 807 Regal Dr

Year built

1980

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

1,435 SF

Property type

Medical offices

Property subtype

Medical centers

APN

17-01-12-2-002-057.000

APU

1701122002057000

Description

This 1,359-square-foot, single-story Class B medical office building, built in 1980, is for sale at $459,000. Located at 807 Regal Dr SW in Huntsville, Alabama (APN: 17-01-12-2-002-057.000), this former dentist office sits on a 6,725-square-foot lot within Boone Commercial Park. The property features a reception area, individual offices, accessible restrooms, exam rooms, and storage space. The building is zoned for commercial use and offers ample surface parking. The seller is open to assisting with renovations. Alternatively, the property is available for lease at $17.50 per square foot, net, with taxes and insurance totaling $3.41 per square foot. This owner-user investment opportunity presents a strong potential for various medical or professional uses in a high-traffic location. The property's convenient location and potential for customization make it an attractive option for both buyers and renters.

• CAP approach

  CAP return

  Valuation

  6%

  $303,509

  6.5%

  $280,162

  7%

  $260,150

• Comparable approach

  Method

  Valuation

  Relative Method

  $233,747

  Geo Method

  $279,911

• Alternative Use

  Use

  Valuation

  Residential

  $347,401

  Hospitality

  $318,217

  Educational

  $264,753

  Medical

  $273,858

  Retail

  $411,838

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7092

Longitude

-86.5871

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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