315 Wynn DrHuntsville, AL 35805

Property Details for 315 Wynn Dr

Year built

1973

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.50 AC

Property size (Sq ft)

23,126 SF

Property type

Office properties

Property subtype

Office buildings

APN

14-09-32-3-000-026.000

APU

1409323000026000

Description

This exceptional 10,312-square-foot single-story office building is ideally situated in Huntsville's thriving Cummings Research Park. Built in 1975, the property sits on a generous 4.57-acre lot and offers a flexible layout suitable for a variety of office uses, including traditional, creative, and executive office spaces. The building's single-tenant occupancy provides an excellent opportunity for a company seeking a substantial and well-positioned space. Its prime location offers significant visibility, perfect for building signage and brand enhancement. The property enjoys exceptional accessibility, with close proximity to key transportation arteries and amenities. Specifically, it's conveniently located just 1.9 miles (approximately a 4-minute drive) from I-565, 3.5 miles (approximately a 6-minute drive) from Redstone Arsenal Gate 9, 2.8 miles (approximately a 7-minute drive) from Bridge Street Town Centre, and 1.5 miles (approximately a 5-minute drive) from the vibrant Mid City mixed-use development. This presents a unique opportunity to establish a presence in a dynamic and rapidly growing area of Huntsville, Alabama, within the highly sought-after Cummings Research Park. The property's size and location make it an attractive option for businesses seeking a prominent and functional workspace. The address is 315 Wynn Dr NW, Huntsville, AL 35805.

• CAP approach

  CAP return

  Valuation

  6%

  $4,891,250

  6.5%

  $4,515,000

  7%

  $4,192,500

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,766,994

  Geo Method

  $4,510,958

• Alternative Use

  Use

  Valuation

  Residential

  $5,598,600

  Hospitality

  $5,128,288

  Educational

  $4,266,675

  Medical

  $4,413,412

  Retail

  $6,637,050

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7298

Longitude

-86.6567

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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