1403 Weatherly PlzHuntsville, AL 35803

Property Details for 1403 Weatherly Plz

Year built

1996

Construction

MIXED

Lot size

0.72 AC

Property size (Sq ft)

9,736 SF

Property type

Office buildings

APN

18-09-32-4-001-045.000

APU

1809324001045000

Description

Weatherly Plaza Executive Offices offers exceptional value in a prime South Huntsville location. This single, two-story Class C building, totaling 19,964 square feet, underwent a complete renovation in 2023. The property features 34 parking spaces and is conveniently located near Bailey Cove. Multiple suites are available, ranging from a minimum of 200 square feet to a maximum contiguous space of 2,297 square feet, perfect for businesses of various sizes. Each suite is fully carpeted and most boast windows or skylights for ample natural light. The building offers after-hours climate control for added convenience. Lease rates are all-inclusive, covering property taxes, owner's insurance, maintenance, landscaping, all utilities, and exterior trash removal. Tenants are solely responsible for janitorial services, internet, and any other business-specific services. The property is zoned for commercial use and was originally constructed in 1996. A virtual tour is available via QR codes provided in the photo section. This is an excellent opportunity to secure affordable, well-maintained office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,059,206

  6.5%

  $1,900,806

  7%

  $1,765,034

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,585,897

  Geo Method

  $1,899,104

• Alternative Use

  Use

  Valuation

  Residential

  $2,357,000

  Hospitality

  $2,158,999

  Educational

  $1,796,262

  Medical

  $1,858,038

  Retail

  $2,794,185

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.6438

Longitude

-86.5411

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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