11743 County Line Rd Madison, AL 35758
- Investment properties
- 12.50 lot acres
Current Use by Public Records
- SpineFit Gym / Gym / Fitness Center
- SpineCare Chiropractic of Madison, AL / Chiropractor / Massage Therapist
- SpineFit / Gym / Fitness Center
Property Details for 11743 County Line Rd
- Year built
- 2022
- Construction
- WOOD
- Lot size
- 12.50 lot acres
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 16-03-06-0-001-019.000
- APU
- 1603060001019000
Description
This exceptional Class A medical office building, located at 11743 County Line Rd in Madison, Alabama, presents a unique investment opportunity. Completed in 2022, the single-story building totals 9,960 square feet, with 6,690 square feet currently available for lease. The space is divisible into two suites: a 3,490 square foot suite and a 3,200 square foot suite. Both suites will be built to the specifications outlined in the available floor plans. The property boasts ample parking with 61 spaces available for tenants and visitors. Situated in a high-traffic area with a daily vehicle count of 24,456, this location offers excellent visibility and accessibility. The building is zoned B3 and is part of a multi-tenant property. The asking rent is $40 per square foot. This property offers a prime location in Madison County, Alabama, with easy access to major roadways and a thriving community. The modern design and ample parking make this an ideal space for medical practices seeking a high-quality, well-located office. The property is ready for occupancy at the end of June.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $545,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $550,000
- 6.5%
- $560,000
- 7%
- $520,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $450,000
- Geo Method
- $465,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $475,000
- Retail
- $570,000
- Mixed-Use
- $475,000
- Hospitality
- $605,000
- Educational
- $505,000
- Residential Income
- $485,000
- Energy
- $505,000
- Income-Based Land
- $535,000
- Food Service
- $610,000
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Alabama
- Longitude
- -86.7851
- Latitude
- 34.7192
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA