250 Chateau SW Dr, Huntsville, AL 35801-6436
- Medical Office Space
- 47,287 SF
- 2.19 lot acres
Current Use by Public Records
- Crestwood Professional Center / Hospital
- Katie C. Lewallen, Ph.D. / Physician / Medical Clinic
- W. Jeff Bryson, Ph.D. / Physician / Medical Clinic
- Huntsville Mens Clinic / Medical Clinic
- Dr. Jeff McKee, The Foot Clinic / Physician
Property Details for 250 Chateau SW Dr
- Year built
- 1990
- Construction
- MIXED
- Lot size
- 2.19 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 18-04-18-2-000-047.000
- APU
- 1804182000047000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 30, 2020 | $6,755,000 | Two Fifty Chateau Prop LLC | Cpc Holdings LLC | Grant Deed | $5.5M · Progress Bk&tr |
| Jun 17, 2013 | $1,830,000 | Raymond B Jones SR. | Williams Madison LLC | Warranty Deed | — |
Description
This exceptional 6,843 square foot medical office space is located within the prestigious Crestwood Professional Center at 250 Chateau Dr SW, Huntsville, AL 35801, conveniently situated near Airport Blvd. The space, Suite 245, is currently vacant and offers a flexible, mostly open floor plan, previously occupied by a home healthcare service. The suite is divisible to accommodate various needs and can be customized for different medical or related uses. The two-story, 44,907 square foot building was constructed in 1990 and boasts elevator access to the second floor. The Crestwood Professional Center is a thriving medical hub, currently housing a diverse range of medical specialties including Internal Medicine, Infectious Diseases, OB/GYN, Podiatry, a laboratory, and Behavioral Health services. This presents a unique opportunity to establish or expand your practice within an established and reputable medical community. The property is located in Madison County, Alabama, offering easy access to major transportation routes and a strong local patient base. This prime location and adaptable space make it an ideal investment for healthcare professionals seeking a well-established and convenient setting. The building offers multiple tenancies, creating a vibrant and collaborative environment. This is a rare opportunity to secure a significant footprint in a highly sought-after medical office building.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $10,215,000
- 6.5%
- $9,430,000
- 7%
- $8,755,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $8,102,000
- AI Estimate
- $4,394,000
Market price range: $8.10M - $12.1MMarket price range: $2.05M - $8.74M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $10,155,000 Current use
- OFFICE BUILDING
- $8,915,000 Change: -12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.5737
- Latitude
- 34.6938
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA
