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Industrial/Manufacturing with Class B Office 505 Production Ave

56,610 SF Vacant Industrial Building Madison, AL 35758 $7,500,000 ($132/SF)

Investment Highlights

  • Fully conditioned lab/manufacturing space
  • 3 Phase, 480 volt, 2,500 AMP capacity
  • Five 7-ton HVACS & Fourteen 4-ton HVACS
  • 12,842 SF Class B Office space 2-3 conference rooms, reception area, 43,768 SF lab/warehouse space
  • 17,000 SF expandable space
  • 1 Dock high door, 1 over sized drive-in door (20'W x 15'H, Brand New Roof November 2024

Executive Summary

This institutional-grade building with BRAND NEW ROOF located in the Jetplex Circle Industrial Park appeals to both speculative investors and owner/users, boasting a modern design with lab/manufacturing space and top-notch amenities. The second level is serviced by elevator, manufacturing features compressed air with redundant compressors, oversized drive-in doors, multiple electrical transformers bosting 3 phase power with 2,500-amp capacity.
With plug-and-play potential, high-capacity power supply, and convenient access to major roadways, this property offers a prime location between Huntsville, Nashville, and Birmingham. The strategically located building provides easy access to I-565, I-65, highways 20 and 72, County Line Road, and Huntsville International Airport- key transportation routes, ideal for businesses in the area.
Featuring a spacious 56,610 sf gross leasable square feet, an expandable area to accommodate up to a 17,000 sf footprint, tilt-up concrete construction, and ample parking, this property is a versatile investment opportunity.

Property Facts

Price $7,500,000
Price Per SF $132
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Warehouse
  • Office Industrial Live Work Unit
Building Class B
Lot Size 4.83 AC
Rentable Building Area 56,610 SF
No. Stories 2
Year Built 2006
Parking Ratio 1.66/1,000 SF

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 43,146 SF
  • Office
  • Full Build-Out
  • Now

56,610 square feet office/ industrial space available. Space includes, 2-3 conference rooms, reception area. 43,768 square feet of industrial space and 12,842 square feet of office.

  • 2nd Floor
  • 13,464 SF
  • Office
  • Full Build-Out
  • Now

56,610 square feet office/ industrial space available. Space includes, 2-3 conference rooms, reception area. 43,768 square feet of industrial space and 12,842 square feet of office.

Space Size Space Use Condition Available
1st Floor 43,146 SF Office Full Build-Out Now
2nd Floor 13,464 SF Office Full Build-Out Now

1st Floor

Size
43,146 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
13,464 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 43,146 SF
Space Use Office
Condition Full Build-Out
Available Now

56,610 square feet office/ industrial space available. Space includes, 2-3 conference rooms, reception area. 43,768 square feet of industrial space and 12,842 square feet of office.

2nd Floor

Size 13,464 SF
Space Use Office
Condition Full Build-Out
Available Now

56,610 square feet office/ industrial space available. Space includes, 2-3 conference rooms, reception area. 43,768 square feet of industrial space and 12,842 square feet of office.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-04-19-0-000-006.000
Land Assessment
$62,800
Improvements Assessment
$830,920
Total Assessment
$893,720

zoning

Zoning Code TBV (Industrial)
TBV (Industrial)
  • Listing ID: 31807288

  • Date on Market: 5/15/2024

  • Last Updated:

  • Address: 505 Production Ave, Madison, AL 35758

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