Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    375 Lime Quarry Rd Madison, AL 35758

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Madison retail space, 2,571 sq ft.

    Lot size:
    2,571 SF

    Property Features for 375 Lime Quarry Rd

    General Information

    Property type
    Storefront properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,571 SF

    Spaces For Lease

    at 375 Lime Quarry Rd, Madison, AL 35758 Contact us

    We can help!

    Listing Contact
    David Garnett
    David Garnett

    Listing Agency: Colliers - Huntsville, Alabama Listing Agent: David Garnett

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

    Learn more

    Overview

    The Dempsey, located at 375 Lime Quarry Rd, Madison, AL 35758, offers a fantastic 2,571 square foot retail or restaurant space. This first-floor, first-generation shell space is perfect for a business seeking a customizable build-out. Suite 200 boasts floor-to-ceiling windows, providing ample natural light and showcasing the attractive patio area overlooking the Madison Golf Center. The patio offers additional outdoor space for customers. The space includes a grease trap, ideal for food service establishments, and a tenant improvement (TI) allowance is available to assist with build-out costs. Exterior features include a metal window awning and outdoor lighting. Convenient parking is readily available in the adjacent lot. This property is situated in the Madison submarket of Alabama, offering excellent visibility and accessibility. The space is currently available for lease. Don't miss this opportunity to establish your business in a desirable location with attractive features.
    Property Profile Location Intelligence

    Current Use by Public Records

    HOTWORX - Madison, AL ... Gym & Fitness Center Thrive Chiropractic Alternative Medicine Practice Madison Photo Studio (Bike/Boat/Book/etc) Store The Dempsey Apartments Apartment Complex Mid City Real ... Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.737336220737
    Latitude
    34.677180136965

    Nearby Similar for Lease

    • $3,000 /Mo
      1,050 SF

      Madison Live/Work Townhome For Rent

      Live/work townhome with retail/office space in Madison, AL.
      205 Mission St, 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 Rd, Madison, AL 35756
      View Details
    • $17 SF/Yr
      24,200 SF

      Retail/Office Space in Madison, AL

      Multi-tenant retail center with high visibility and ample parking.
      3810 Sullivan St, Madison, AL 35758
      View Details
    • $400 /Mo
      19,356 SF

      Renovated Office Building in Madison

      Two-story office building near Redstone Arsenal and Research Park.
      140 Research Blvd, Madison, AL 35758
      View Details
    • $7,150 /Mo
      10,000 SF

      Commercial Space in Madison, AL

      Commercial space available for lease in Madison, Alabama.
      7055 Greenbriar Rd, Madison, AL 35756
      View Details
    • $7,000 /Mo
      19,356 SF

      Renovated Office Building in Madison

      Two-story office building with flexible layout in Madison Park.
      140 Research Dr, Madison, AL 35758
      View Details
    • $800 /Mo
      19,356 SF

      Renovated Office Building in Madison

      Two-story office building near Redstone Arsenal and Research Park.
      140 Research Dr, Madison, AL 35758
      View Details
    • $1,100 /Mo
      19,356 SF

      Renovated Office Building Near Arsenal

      Two-story office building near Redstone Arsenal and Research Park.
      140 Research Dr, Madison, AL 35758
      View Details
    • $2,000 /Mo
      19,356 SF

      Renovated Office Building in Madison

      Two-story office building near Redstone Arsenal and Research Park.
      140 Research Dr, Madison, AL 35758
      View Details
    • $500 /Mo
      19,356 SF

      Renovated Office Building in Madison

      Two-story office building near Redstone Arsenal and Research Park.
      140 Research Dr, Madison, AL 35758
      View Details
    • $700 /Mo
      19,356 SF

      Renovated Office Building in Madison

      Two-story office building near Redstone Arsenal and Research Park.
      140 Research Dr, Madison, AL 35758
      View Details
    • $1,000 /Mo
      19,356 SF

      Renovated Office Building in Madison

      Two-story office building near Redstone Arsenal and Research Park.
      140 Research Dr, Madison, AL 35758
      View Details

    FAQs

    What type of property is this?
    Storefront property - Prime Madison retail space, 2,571 sq ft.
    Where is this storefront property located?
    The property is located at 375 Lime Quarry Rd Madison, AL.
    What are key features of this property?
    This property features: Class A, 290-unit multifamily property, The Dempsey, enjoys a prime location between I-565 Exits 9 & 10, within the Town Madison development.; Proximity to 1,325+ multifamily units, 5 hotels, Toyota Field, and numerous retail/restaurant options.; Walking distance to Intergraph's headquarters (approx. 1,100 employees).
    (256) 518-2288 Call to check price and availability
    Request Owner's contact information
    375 Lime Quarry Rd Madison, AL 35758
    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.
    375 Lime Quarry Rd
    Madison, AL 35758
    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
    375 Lime Quarry Rd Madison, AL 35758
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing David Garnett
    David Garnett
    Real Estate License ID: 000090465
    (256) 518-2288
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!