Madison County Office
1878 Jeff Rd NW Huntsville, AL 35806
1878 Jeff Rd NW, Huntsville, AL, 35806
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For Sale
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17,424 SF office building in Madison County.
Property Size17,424 SF
Price / SF$210.06
Days on Market478
Property Features for 1878 Jeff Rd NW
General Information
- Standard status
- Active
- Size
- 17,424 SF
- Property subtype
- Office
Listing Agency
Paladin Group, LLC.
Listed by
Robert M. Webber, CCIM · License #AL
Source
Crexi
Added: Mar 27, 2025 Checked: Jul 15 at 11:21 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paladin Group, LLC.
Investment Insights
Based on property information with market context.
This is an approximately 17,424 square foot office building located in Madison County. The building features a covered drive-up entry. One suite, approximately 1,157 square feet, is currently vacant. The property is not located in a flood zone and is not subject to zoning regulations.
Key Highlights
- No Zoning Restrictions in Madison County
- Located in Madison County
- No Flood Zone
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $349.2k | $20.04 |
| − Vacancy | −$52.4k | −$3.01 |
| EGI | $296.8k | $17.03 |
| − OpEx | −$74.2k | −$4.26 |
| NOI | $222.6k | $12.78 |
17,424 SF · lease $20.04/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.18M
$2.78M – $3.71M
NOI $222,600 @ 7.0% cap · market cap 6.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.54M
$3.97M – $5.29M
NOI $317,605 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Optimum Health Primary ...
Medical Clinic
Heritage Family Medicine
Medical Clinic
Thomas Scott Royster
Pediatrician
Scott Royster
Pediatrician
Allman Family Medicine ...
Medical Clinic
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 17,424 SF office building in Madison County.
Where is this office building located?
The property is located at 1878 Jeff Rd NW Huntsville, AL.
What is the asking price?
The asking price for this property is $3,660,000.
What are key features of this property?
This property features: No Zoning Restrictions in Madison County; Located in Madison County; No Flood Zone
