106 Wynn Dr Huntsville, AL 35805
- Office buildings
- 307,008 SF
- 33.00 lot acres
Current Use by Public Records
- US Army Strategic Defense / Government Office
- MCM Huntsville Financing Co / General Contractor
- US General Accounting Office / Federal Government Office
- Lower Tier Project Office (LTPO) / Corporate Office
Property Details for 106 Wynn Dr
- Year built
- 1969
- Construction
- MIXED
- Lot size
- 33.00 lot acres
- Property size
- 307,008 SF
- Property type
- Office buildings
- APN
- 17-03-05-4-001-072.000
- APU
- 1703054001072000
Description
This exceptional Huntsville, Alabama commercial property, located at 106 Wynn Dr NW, 35805, offers a rare opportunity. The property encompasses two buildings totaling 392,757 square feet situated on a 33.67-acre lot in the Research Park District (APN: 1703054001072000). The main building boasts approximately 300,000 square feet, complemented by a 93,000 square foot annex. Currently, the entire 392,757 square feet is available for lease as multiple tenancies. The property features ample parking with 1700 spaces and three elevators for convenient access. Zoned for Research Park District use, this location provides easy access via Technology Drive. Exterior renovations are planned to enhance curb appeal. The interior spaces are highly adaptable, allowing for customization to suit diverse tenant needs and various industries. This presents an unparalleled chance for businesses seeking significant space in a thriving Huntsville location. The property's size, location within Cummings Research Park East, and adaptability make it an ideal investment for companies looking to establish or expand their presence in this dynamic market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $20,890,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $15,535,000
- 6.5%
- $15,020,000
- 7%
- $14,860,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $15,985,000
- Geo Method
- $12,520,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $18,350,000
- Retail
- $16,080,000
- Mixed-Use
- $13,620,000
- Hospitality
- $15,475,000
- Educational
- $14,515,000
- Residential Income
- $14,720,000
- Energy
- $13,565,000
- Income-Based Land
- $15,195,000
- Food Service
- $14,180,000
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.6557
- Latitude
- 34.7188
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA