350 Wynn DrHuntsville, AL 35805

Property Details for 350 Wynn Dr

Year built

2004

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

6.02 AC

Property size (Sq ft)

31,168 SF

Property type

Office properties

Property subtype

Office buildings

APN

14-09-32-3-000-015.000

APU

1409323000015000

Description

This exceptional 30,480-square-foot Class B office building, constructed in 2004, is situated on a 6.2-acre lot in Huntsville, Alabama's prestigious Cummings Research Park (East submarket). The property, identified as 350 Wynn Drive, features a single two-story building with ample parking (120 spaces) and elevators. Currently, 30,000 square feet of space is available, divisible into two 15,000-square-foot contiguous units, ideal for a variety of executive office needs. The building boasts a comprehensive array of amenities, including over 100 individual offices, five executive suites, a dedicated fitness room, five specialized labs, a secure classified room, a security room, and three convenient conference rooms. The property is zoned CRPW and is located in Madison County, Alabama, with a zip code of 35805. This presents a unique opportunity to acquire a substantial and well-appointed office space in a highly sought-after research park location. The building's size and layout offer flexibility for various business configurations, making it an attractive option for both established companies and expanding enterprises. The substantial parking provision ensures convenient access for employees and visitors.

• CAP approach

  CAP return

  Valuation

  6%

  $6,592,168

  6.5%

  $6,085,078

  7%

  $5,650,430

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,076,955

  Geo Method

  $6,079,630

• Alternative Use

  Use

  Valuation

  Residential

  $7,545,497

  Hospitality

  $6,911,634

  Educational

  $5,750,399

  Medical

  $5,948,164

  Retail

  $8,945,065

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7306

Longitude

-86.6541

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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