Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Madison Office Warehouse with Yard Title is generated by Realmo AI

    29599 Old Highway 20, Madison, AL 35756

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office warehouse for lease with excellent I-565 access.

    Type:Office Warehouse
    Property size:
    18,250 SF
    Lot size:
    3.95 Acres
    Added:
    Mar 5, 2026
    Days on Market:
    75
    Last Refresh:
    Apr 5 at 9:02 pm

    Property Features for 29599 Old Highway 20

    General Information

    Standard status
    Active
    Size
    18,250 SF
    Lot size
    3.95 Acres
    Property subtype
    Office Warehouse

    Spaces For Lease

    at 29599 Old Highway 20 Contact us

    We can help!

    Listing Contact
    Edwin Moss, SIOR, CCIM

    Listing agent Edwin Moss, SIOR, CCIM

    Listing office

    Listing date Mar 5, 2026

    Source Jhberry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Edwin Moss, SIOR, CCIM

    HighLights

    • Premier industrial location in Madison with excellent access to I‑565.
    • +/- 18,250 SF Building with +/- 1,500 SF office and +/- 780 SF shop office.
    • Features a dock well with 2 loading docks.
    • Large fenced asphalt lot.
    • Two parallel drive‑in doors allowing truck traffic through building.
    • Additional adjacent +/- 1.25 acres available for extra yard space or expansion.

    Overview

    This office warehouse is available for lease in Madison, offering convenient access to I-565. The property is situated in a premier industrial location near the Amazon fulfillment center. The building encompasses approximately 18,250 square feet, including around 1,500 square feet of office space and approximately 780 square feet of shop office. It features a dock well with 2 loading docks. The total lot size is 3.95 acres and includes exterior covered yard space adjacent to the building. Two parallel drive-in doors facilitate truck traffic through the building. A large fenced asphalt lot is present. An additional adjacent approximately 1.25 acres is available for additional yard space or expansion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Snider Fleet Solutions Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Auto Repair Shop Spa & Massage Center Big Box & Wholesale Store Hair Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.7965
    Latitude
    34.6711

    Nearby Similar for Lease

    • $350/Mo
      12,000 SF

      Madison Office Center Suites

      Two-story office building with suites available in Madison, AL.
      8840 Madison Blvd, Madison, AL 35758
      View Details
    • $3,000/Mo
      1,050 SF

      Madison Live/Work Townhome For Rent

      Live/work townhome with retail/office space in Madison, AL.
      205 Mission Street, Madison, AL 35756
      View Details
    • $16,000/Mo
      24,000 SF

      Madison Commercial Flex Space Available

      24,000 SF flex space with office in Madison, AL.
      7109 Greenbrier Road, Madison, AL 35756
      View Details
    • $7,000/Mo
      4,971 SF

      Madison Office Space For Rent

      Office space available for lease in Madison, Alabama.
      235 Portal Lane, Madison, AL 35758
      View Details
    • $12 SF/Yr
      10,000 SF

      Prime Retail/Medical Space on County Line

      Move-in ready space in thriving Madison corridor, ideal for medical/retail.
      10971 County Line Rd, Madison, AL 35758
      View Details
    • $3,000/Mo
      1,946 SF

      Live/Work Townhome with Commercial Space

      Townhome with business/retail/office space in Traditional Neighborhood Development.
      205 Mission Street AGo, Madison, AL 35756
      View Details
    • $57,677 SF/Yr
      100,000 SF

      Madison AL Warehouse For Lease

      100,000 SF warehouse in Madison, AL, near I-565.
      9324 Madison Blvd, Madison, AL 35758
      View Details
    • $30 SF/Yr
      34,000 SF

      Prime Retail Space in Madison

      Retail spaces available in a high-traffic, growing area.
      105 Brookridge Drive, Madison, AL 35758
      View Details
    • Contact for pricing
      2,000 SF

      Turnkey Medical Office Suite

      Ready-to-use medical office in Madison's growth corridor.
      97 Hughes Rd, Madison, AL 35758
      View Details
    • Contact for pricing
      1,700 SF

      Versatile Office/Medical Suite in Madison

      1,700 RSF office/medical suite in premier Madison, AL location.
      650 Sun Temple Dr, Madison, AL 35758
      View Details
    • Contact for pricing
      1,400 SF

      Prime Retail Space in Madison

      Retail space in a high-traffic Madison location.
      8760 Madison Blvd, Madison, AL 35758
      View Details
    • Contact for pricing
      4,000 SF

      Move-In Ready Retail/Medical Space

      4,000 SF suite ideal for medical or retail use.
      10971 County Line Rd, Madison, AL 35758
      View Details

    FAQs

    What type of property is this?
    Flex space - Office warehouse for lease with excellent I-565 access.
    Where is this flex space located?
    The property is located at 29599 Old Highway 20 Madison, AL.
    What are key features of this property?
    This property features: Premier industrial location in Madison with excellent access to I‑565.; +/- 18,250 SF Building with +/- 1,500 SF office and +/- 780 SF shop office.; Features a dock well with 2 loading docks.
    (205) 313-4379
    We can help!
    Listing Contact
    Edwin Moss, SIOR, CCIM
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    29599 Old Highway 20, Madison, AL 35756
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!