530 Discovery Dr Huntsville, AL 35806
- Office buildings
- 27,894 SF
- 7.79 lot acres
Current Use by Public Records
- CREAN, Inc. / Engineering Consultant
Property Details for 530 Discovery Dr
- Year built
- 2002
- Construction
- MIXED
- Lot size
- 7.79 lot acres
- Property size
- 27,894 SF
- Property type
- Office buildings
- APN
- 16-01-01-0-000-009.000
- APU
- 1601010000009000
Description
This exceptional 25,766 square foot Class-A executive office space is ideally situated at 530 Discovery Drive NW in Huntsville, Alabama, zip code 35806. The property is a two-story building, part of a complex within the prestigious Cummings Research Park, the second-largest research park nationally. The building features a convenient breezeway connecting two structures, each with its own lobby. The single-tenant occupancy offers complete privacy and control. The interior boasts a sophisticated layout including private offices and dedicated conference rooms, perfect for a company seeking a high-profile and functional workspace. Floor plans are available upon request, allowing for detailed examination of the space's configuration and potential uses. This property presents a unique opportunity for a business seeking a prominent location in a thriving research and development hub. The address is easily accessible and benefits from the amenities and infrastructure associated with Cummings Research Park. This is a turnkey solution for a business seeking immediate occupancy of a substantial, well-appointed office space. The property's size and features make it suitable for a variety of corporate needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $720,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $745,000
- 6.5%
- $885,000
- 7%
- $815,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $765,000
- Geo Method
- $865,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $875,000
- Retail
- $865,000
- Mixed-Use
- $865,000
- Hospitality
- $750,000
- Educational
- $785,000
- Residential Income
- $650,000
- Energy
- $875,000
- Income-Based Land
- $690,000
- Food Service
- $860,000
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.6845
- Latitude
- 34.7273
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA