8331 Madison Blvd Madison, AL 35758
- Strip malls
- 21,664 SF
- 2.66 lot acres
Current Use by Public Records
- Hot Yoga of Madison / Yoga Studio
- Blue Ink Closing and Title, LLC / Real Estate Attorney
- Stephen Williams - LifeCourse Capital Inc. / Accountant / Financial Consultant
- Katelyn Anderson Zimmer / Dermatologist
- Fulcrum Counseling and Supervision, LLC / Counselor
Property Details for 8331 Madison Blvd
- Year built
- 2009
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.66 lot acres
- Property size
- 21,664 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 16-05-15-0-000-042.003
- APU
- 1605150000042003
Description
This exceptional medical office space, totaling approximately 3,914 square feet, is available for lease within the Beacon Ridge Professional Center in Madison, Alabama. Located at 8331 Madison Boulevard, zip code 35758, this property offers a strategic location between Town Madison, Cummings Research Park, and Downtown Madison City, providing convenient access to Huntsville via I-565. The building, constructed in 2009, is a two-story structure with a total of 23,443 square feet. This listing represents a portion of the available space within a multi-tenant building situated on a 2.66-acre lot. The property's proximity to major retail areas, established medical districts, and Huntsville's largest office submarket makes it an ideal location for medical practices seeking high visibility and accessibility. The space is classified as medical office space and is ready for immediate occupancy. The building offers a professional and efficient environment for tenants, enhancing their operational efficiency and overall value. This is a rare opportunity to secure prime medical office space in a thriving Alabama community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,125,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,980,000
- 6.5%
- $5,070,000
- 7%
- $5,675,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,415,000
- Geo Method
- $5,385,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,310,000
- Retail
- $4,180,000
- Mixed-Use
- $4,990,000
- Hospitality
- $4,230,000
- Educational
- $4,145,000
- Residential Income
- $4,440,000
- Energy
- $3,625,000
- Income-Based Land
- $4,985,000
- Food Service
- $4,940,000
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Alabama
- Longitude
- -86.7294
- Latitude
- 34.6848
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA
