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    4045 Rdg Dr Madison, AL 35757

    For Sale
    Contact for pricing

    High-growth area commercial lot near Home Depot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.85-acre commercial land parcel presents a unique investment opportunity in Madison, Alabama. Strategically located adjacent to The Home Depot, this property boasts an existing parking lot, offering immediate development potential. The site is suitable for a self-park building of up to 7,000 square feet or a larger structure with easement parking. This prime location benefits from high visibility due to access via two traffic signals. The surrounding area demonstrates robust economic strength, with an average household income exceeding $117,000 within a three-mile radius. This thriving retail corridor includes a diverse range of established businesses such as Kohl's, T.J. Maxx, Publix, Staples, Academy Sports + Outdoors, Hobby Lobby, Aldi, Michael's, Marshalls, Target, Ross Dress for Less, Walgreens, and CVS Pharmacy, ensuring high traffic and consumer density. The property's address is 4045 Lawson's Ridge Dr., Madison, AL 35757, within Madison County. This is an exceptional opportunity to capitalize on the strong growth and established retail presence in this desirable area. The property is being offered for sale.

    Property Features for 4045 Rdg Dr

    General Information

    Property type
    Land
    Lot Size
    37,026 SF

    HighLights

    • 0.85‑acre parcel adjacent to Home Depot.
    • Existing parking lot; potential for 7,000+ SF building with or without on‑site parking.
    • High‑growth area with $117,000 average household income within a 3‑mile radius.
    • Dual traffic signal access.
    • Strong retail co‑tenancy including Kohl's, T.J. Maxx, Publix, and other national brands.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.739329
    Latitude
    34.7552136

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    FAQs

    What type of property is this?
    Land - High-growth area commercial lot near Home Depot.
    Where is this land located?
    The property is located at 4045 Rdg Dr Madison, AL.
    What are key features of this property?
    This property features: 0.85-acre parcel adjacent to Home Depot.; Existing parking lot; potential for 7,000+ SF building with or without on-site parking.; High-growth area with $117,000 average household income within a 3-mile radius.
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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
    4045 Rdg Dr Madison, AL 35757
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