120 Woodson StHuntsville, AL 35801

Property Details for 120 Woodson St

Year built

1964

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.12 AC

Property size (Sq ft)

14,616 SF

Property type

Office buildings

APN

14-07-35-4-000-028.000

APU

1407354000028000

Description

This exceptional property at 120 Woodson St. in Madison County presents a unique leasing opportunity. The former Spencer Oil Building offers a combined 18,461 square feet of space, ideally suited for a variety of business needs. The building, constructed in 1964 and extensively renovated in 2015, boasts a two-story design. Flexible lease options are available, catering to both single and multiple tenants. Office space totaling over 14,600 square feet is available, offering ample room for various configurations. In addition, a separate 3,850-square-foot warehouse is available for lease, providing significant storage or production capabilities. This could be leased independently or in conjunction with the office space. The building's strategic location next to the new Front Row development and in close proximity to the VBC (presumably a Venue or Business Center, further details unavailable) ensures high visibility and convenient access to key amenities and transportation routes. This is a rare opportunity to secure a well-maintained, versatile property in a thriving downtown location. The 2015 renovation ensures modern functionality and aesthetics, making this an attractive option for businesses seeking a blend of office and warehouse space. Contact us today to explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $3,091,348

  6.5%

  $2,853,552

  7%

  $2,649,726

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,380,800

  Geo Method

  $2,850,997

• Alternative Use

  Use

  Valuation

  Residential

  $3,538,404

  Hospitality

  $3,241,159

  Educational

  $2,696,606

  Medical

  $2,789,347

  Retail

  $4,194,721

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7283

Longitude

-86.5953

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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