215 Wynn DrHuntsville, AL 35805

  • Office buildings
  • 141,921 SF
For Lease
$16.50/SF/YR View listing

Property Details for 215 Wynn Dr

Year built
1991
Lot size
12.33 AC
Property size (Sq ft)
141,921 SF
Property type
Office buildings
APN
17-03-05-1-001-016.002
APU
1703051001016002

Description

This exceptional Class A office building, located at 215 Wynn Drive NW in Huntsville, Alabama, presents a unique opportunity for businesses seeking prestigious executive office space. The property boasts a total of 65,000 square feet, with a minimum divisible space of 9,000 square feet and the potential to lease the entire 65,000 square feet contiguously. Currently, the entire 65,000 square feet is vacant and ready for immediate occupancy. Situated on a substantial 12.34-acre lot, the building offers ample parking with approximately 820 spaces. Its convenient location in Cumming Research Park East provides excellent visibility and accessibility, being easily reached from I-565. The property's strategic position offers proximity to key locations including Redstone Arsenal, Huntsville International Airport, NASA facilities, and Bridge Street Town Centre. The building's on-surface parking provides convenient access for employees and clients. This is a rare opportunity to secure a highly desirable, fully available, Class A office space in a thriving Huntsville location within Madison County, zip code 35805. The property is ideally suited for a single large tenant or multiple smaller tenants. Contact us today to learn more about this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $30,016,910
    6.5%
    $27,707,918
    7%
    $25,728,780
  • Comparable approach

    Method
    Valuation
    Relative Method
    $23,117,508
    Geo Method
    $27,683,110
  • Alternative Use

    Use
    Valuation
    Residential
    $34,357,816
    Hospitality
    $31,471,576
    Educational
    $26,183,982
    Medical
    $27,084,490
    Retail
    $40,730,640
215 Wynn Dr, Huntsville, Alabama

Location Insight

City
Huntsville
County
Madison
State
Alabama
Latitude
34.7201
Longitude
-86.6522
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
$125,360
$101,100
$2,060,280
$2,161,380
-
$505,500
$10,301,400
$10,806,900

FAQs

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