809 Shoney DrHuntsville, AL 35801

Property Details for 809 Shoney Dr

Year built

2009

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Property size (Sq ft)

53,400 SF

Property type

Office buildings

APN

17-01-12-3-001-070.001-CONDO

APU

1701123001070001CONDO

Description

This exceptional two-story office building, constructed in 2009, offers 53,400 square feet of versatile space at 809 Shoney Drive SW in Huntsville, Alabama. The property is classified as Class B and features a single building with ample parking (240 spaces) and a convenient elevator. The space is currently multi-tenant occupied, with 12,000 square feet immediately available. Flexible floor plans cater to various business needs, accommodating spaces ranging from a minimum of 3,725 square feet to a maximum contiguous space of 12,000 square feet. The building's design is adaptable to traditional office, executive office, coworking, and creative office uses. Its strategic location directly off South Memorial Parkway provides excellent visibility and accessibility, with nearby restaurants and retail establishments. Signage opportunities are available for prospective tenants. The property's convenient location and flexible space options make it an ideal choice for businesses seeking a prominent presence in Huntsville's thriving market. The zip code is 35801.

• CAP approach

  CAP return

  Valuation

  6%

  $11,294,333

  6.5%

  $10,425,538

  7%

  $9,680,857

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,698,325

  Geo Method

  $10,416,204

• Alternative Use

  Use

  Valuation

  Residential

  $12,927,667

  Hospitality

  $11,841,674

  Educational

  $9,852,133

  Medical

  $10,190,963

  Retail

  $15,325,541

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7015

Longitude

-86.5849

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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