4815 Sparkman DrHuntsville, AL 35810

Property Details for 4815 Sparkman Dr

Year built

2006

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.93 AC

Property size (Sq ft)

2,982 SF

Property type

Medical offices

Property subtype

Medical centers

APN

14-05-21-3-003-029.003

APU

1405213003029003

Description

This exceptional 3,000 square foot medical/traditional office building is situated on a one-acre landscaped lot in Huntsville, Alabama, at 4815 Sparkman Drive NW, zip code 35810. Currently 100% occupied, the property boasts high visibility and offers significant potential. The building features a spacious waiting area, administrative offices, multiple treatment rooms plumbed for water and gas (easily convertible to private offices), a lab, a private office with an ensuite bath and shower, and a kitchen. Ample parking is provided with 30 spaces, including handicap-accessible spots, plus a convenient dumpster pad. The property includes a security system and three restrooms. Zoned C4, this building is ideally located 2.2 miles from the University of Alabama in Huntsville and directly across from AAA Middle School. The asking price is $695,000, translating to $231.67 per square foot. This is a rare opportunity to acquire a well-maintained, high-demand commercial property in a thriving Huntsville location.

• CAP approach

  CAP return

  Valuation

  6%

  $630,706

  6.5%

  $582,190

  7%

  $540,605

• Comparable approach

  Method

  Valuation

  Relative Method

  $485,738

  Geo Method

  $581,669

• Alternative Use

  Use

  Valuation

  Residential

  $721,916

  Hospitality

  $661,271

  Educational

  $550,170

  Medical

  $569,091

  Retail

  $855,820

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7583

Longitude

-86.6356

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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