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215 Bailes NW St Huntsville, AL 35805-2901

OFF-MARKET Office buildings Google Maps
900 SF 0.17 ac lot Built 1985
Entity Owned 2-yr Hold ~ Est. High Equity
Estimated value (blended)
$755k
Range $680k – $831k (±10%)
Property ID US03-0484542

Property summary

AI-generated overview

This exceptional 13,000-square-foot single-tenant office and industrial property in Madison County is ideally situated between Cummings Research Park and Downtown Huntsville, offering unparalleled convenience and accessibility. The building boasts a flexible layout suitable for a variety of uses, encompassing executive office space, flex space, warehouse, and distribution capabilities. High ceilings, ranging from 18 to 20 feet, provide ample vertical space for storage or specialized equipment. Efficient loading and unloading is ensured with one loading dock and two convenient ground-level drive-in doors. The property is equipped with three-phase power, catering to businesses with significant energy demands. Furthermore, there's potential for expanding operations with additional outdoor laydown yard space. The property is available for occupancy in the first quarter of 2024, and flexible lease terms are available to accommodate various business needs. This central location, combined with its versatile features and ample space, makes this property an outstanding opportunity for businesses seeking a strategic and functional workspace. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction MIXED
Total area 900 SF
Lot 0.17 ac (7,492 SF)
APN 17-01-02-2-002-043.000
UPID US03-0484542

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement HVAC Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$840k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$755k

Owner & transaction history

since 2023
Last sale
$810,000
4 recorded transactions
2023
$810,000
2019
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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