1555 The BoardwalkHuntsville, AL 35816

Property Details for 1555 The Boardwalk

Year built

1990

Lot size

2.06 AC

Property size (Sq ft)

25,200 SF

Property type

Office buildings

APN

14-09-32-2-000-005.000

APU

1409322000005000

Description

This exceptional 7,100-square-foot office space is ideally situated at 1555 The Boardwalk in Huntsville, Alabama, 35816. The single-tenant property is part of a larger 25,000-square-foot building and offers a variety of configurations suitable for executive office, coworking, creative office, or traditional office uses. Its convenient location off University Drive provides easy access to MidCity (within half a mile), Redstone Arsenal Gate 9 (under five miles), and Cummings Research Park (the second largest research park in the US), with quick access to Rideout Road and I-565. The space is bathed in natural light and features attractive gathering areas, perfect for fostering collaboration and employee engagement. This Huntsville property is within city limits, benefiting from a population exceeding 200,000 and a thriving economy driven by engineering, manufacturing, biotechnology, IT, AI, and numerous government contractors. The area boasts a strong average household income exceeding $70,000 and a convenient average commute time of 18.9 minutes. This presents a unique opportunity to establish a presence in a dynamic and rapidly growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $5,329,910

  6.5%

  $4,919,917

  7%

  $4,568,494

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,104,828

  Geo Method

  $4,915,512

• Alternative Use

  Use

  Valuation

  Residential

  $6,100,697

  Hospitality

  $5,588,206

  Educational

  $4,649,322

  Medical

  $4,809,218

  Retail

  $7,232,278

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7411

Longitude

-86.6567

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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