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    469 Gillespie Rd Madison, AL 35758

    For Sale
    $379,000

    COMMERCIAL - Madison, AL

    Lot size:
    1.00 Acre
    Days on Market:
    155
    Last Refresh:
    Dec 7 at 12:06 pm

    Property Features for 469 Gillespie Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.00 Acre

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    Avanti Realty Services LLC (256) 714-1300

    Listing agent Alex Mukai (256) 714-1300

    Listing date Jul 6, 2025

    MLS# 21893428 Listing URL

    Copyright © 2025 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unzoned Land in Madison, AL

    This 1-acre property is located in the heart of Madison, Alabama, yet it is unzoned within unincorporated Madison County. The available uses for the property include commercial, multi-family, and medical facilities. Potential single-use tenants could include insurance offices, attorney or realtor offices, veterinary clinics, pet hotels, urgent care facilities, day care centers, grocery stores, restaurants, auto repair shops, wholeness clinics, and acupuncture clinics. The property features a new septic tank installed in 2009, and the bathroom and kitchen received new flooring and plumbing in 2018. Additional features include a storm shelter, two storage buildings, an 8'x60' front porch, and a 12x12 screened patio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Hair Salon Building Supply Gym & Fitness Skin Care Clinic Wholesale Shop Daycare Center Department Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.756604
    Latitude
    34.729267

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    FAQs

    What type of property is this?
    Commercial land - Unzoned land suitable for commercial, multi-family, or medical facilities.
    Where is this commercial land located?
    The property is located at 469 Gillespie Rd Madison, AL.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: - Unzoned land in the City of Madison allows for diverse commercial, multi-family, or medical facility development.; - Prime location in the heart of Madison.; - Suitable for a wide range of single-use tenants (insurance, attorney, veterinary, restaurant, etc.).
    (256) 714-1300
    Request Owner's contact information
    469 Gillespie Rd Madison, AL 35758
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    Madison, AL 35758
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    469 Gillespie Rd Madison, AL 35758
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