333 Whitesport DrHuntsville, AL 35801

Property Details for 333 Whitesport Dr

Year built

1986

Construction

WOOD

Lot size

2.21 AC

Property size (Sq ft)

1,938 SF

Property type

Medical offices

Property subtype

Medical centers

APN

18-04-18-2-000-049.015

APU

1804182000049015

Description

This 1,938 square foot medical office building, situated on a 2.12-acre lot in Huntsville, Alabama (35801), is available for sale at $395,000 ($203.82/sq ft). Built in 1986, the property features one vacant unit within a single building, zoned M-2. The interior is designed for medical use, including a reception area with built-in cabinets, two patient windows, workspaces, additional built-in cabinetry, a large breakroom with built-ins, four to five exam rooms, a doctor's office with a wall-to-wall exterior view, and a private restroom. Ample parking is provided with 50 spaces. The building is undergoing improvements, including exterior painting and upcoming resurfacing and restripping of the parking lot. The property is conveniently located in an established medical community adjacent to Crestwood Medical Center at 333 Whitesport Dr SW. Lease options are also available at $17.50 per square foot annually, plus NNN charges and $1,300 annually for condo association dues and utilities.

• CAP approach

  CAP return

  Valuation

  6%

  $409,895

  6.5%

  $378,365

  7%

  $351,339

• Comparable approach

  Method

  Valuation

  Relative Method

  $315,681

  Geo Method

  $378,026

• Alternative Use

  Use

  Valuation

  Residential

  $469,173

  Hospitality

  $429,760

  Educational

  $357,555

  Medical

  $369,852

  Retail

  $556,197

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.6929

Longitude

-86.5709

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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