4955 Corporate Dr Huntsville, AL 35805
- Office buildings
- 50,306 SF
- 3.39 lot acres
Current Use by Public Records
- Littlejohn / Engineer / Engineering Consultant
- Strayer University / University / School
- QTEC, Inc. / Engineer / Aerospace Company
- Corporate Drive LLC / Limousine Service
- KFS LLC / Corporate Office
Property Details for 4955 Corporate Dr
- Year built
- 1989
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.39 lot acres
- Property size
- 50,306 SF
- Property type
- Office buildings
- APN
- 14-09-32-3-000-012.000
- APU
- 1409323000012000
Description
This exceptional three-story office building, situated at 4955 Corporate Dr NW in Huntsville, Alabama, presents a prime opportunity for businesses seeking executive office space. The property, totaling 47,255 square feet, boasts a Class C designation and was constructed in 1989. Currently, 8,000 square feet of readily available space is perfect for immediate occupancy. The building features a multiple tenancy structure, offering flexibility for various business needs. Its strategic location within Cummings Research Park East, at the corner of Wynn Drive and Corporate Drive, provides excellent visibility and accessibility. The property is beautifully landscaped, enhancing its curb appeal and creating a welcoming environment. The zoning is designated as RP, and the building is located in Madison County, Alabama, zip code 35805. This three-story building offers a variety of office sizes, making it suitable for businesses of different scales. The property's convenient location and ample available space make it an ideal choice for companies seeking a professional and well-maintained office environment in a thriving research park setting. The building's 1989 construction date provides a solid foundation for future growth and development. This is a rare opportunity to secure significant office space in a highly desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,965,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,690,000
- 6.5%
- $4,820,000
- 7%
- $5,160,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,795,000
- Geo Method
- $5,310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,365,000
- Retail
- $4,705,000
- Mixed-Use
- $4,255,000
- Hospitality
- $4,795,000
- Educational
- $4,145,000
- Residential Income
- $5,065,000
- Energy
- $4,875,000
- Income-Based Land
- $4,435,000
- Food Service
- $5,320,000
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.6561
- Latitude
- 34.7321
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA