8300 Whitesburg DrHuntsville, AL 35802

  • Office buildings
  • 18,044 SF

Property Details for 8300 Whitesburg Dr

Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.74 AC
Property size (Sq ft)
18,044 SF
Property type
Office buildings
APN
18-09-30-3-002-083.000
APU
1809303002083000

Description

This single-tenant, 4,250-square-foot suite is located at 8300 Whitesburg Dr, Huntsville, AL 35802, within the 26,090-square-foot 8300 Whitesburg Office Park. The property, a Class B building constructed in 1970 and extensively renovated in 2023, offers a versatile space suitable for traditional office, medical office, or retail use. The single-story building features a newly refurbished HVAC system and updated exterior, including fresh paint on walls, ceilings, and floors. Ample parking is available with 75 spaces. The convenient location offers easy access to Memorial Parkway and major thoroughfares in Southeast Huntsville. This property presents a unique opportunity for businesses seeking a modern, adaptable workspace in a desirable location within Madison County, Alabama. The suite's flexible design allows for customization to meet diverse operational needs, from corporate offices to specialized medical practices or retail establishments. The recent renovations ensure a contemporary and inviting environment for employees and clients alike. This is a rare opportunity to secure a well-maintained, conveniently located space in a thriving Huntsville business district.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,816,385
    6.5%
    $3,522,816
    7%
    $3,271,187
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,939,187
    Geo Method
    $3,519,663
  • Alternative Use

    Use
    Valuation
    Residential
    $4,368,292
    Hospitality
    $4,001,332
    Educational
    $3,329,062
    Medical
    $3,443,553
    Retail
    $5,178,540

Location Insight

City
Huntsville
County
Madison
State
Alabama
Latitude
34.6566
Longitude
-86.5668
CBSA code
26620
CBSA name
HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,951
$63,440
$73,640
$137,080
-
$317,200
$368,200
$685,400

FAQs

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