Two-Building Office and Retail
Madison, AL 35758 Madison, AL 35758
New
Madison, AL, 35758
$1,095,000
For Sale
$1,095,000
COMMERCIAL - Madison, AL
Property Size3,500 SF
Price / SF$312.86
Days on Market6
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Listing Agency
NextHome Kel Mitchell
(256) 503-0534
407 Franklin Street, Suite 201, AL
Listed by
Kelvin Mitchell · License #89312,PersonLicenseNumber
(256) 503-0534
Added: Jul 16 Updated: Jul 20 at 4:00 pm Checked: Jul 21 at 3:06 am
MLS# 21917229
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering includes two separate buildings in a convenient package. The first is a designer-finished 2,500 SF office building with 100+ feet of highway frontage, and an active cell tower lease that provides additional income. The second property is a 1,000 SF commercial building with direct highway access; it was previously used as an automobile dealership.
Both buildings are positioned on a Madison commercial corridor, supporting a range of owner-user and investment approaches.
Both buildings are positioned on a Madison commercial corridor, supporting a range of owner-user and investment approaches.
Key Highlights
- Designer‑finished 2,500 SF office building at 7595 Hwy 72 with 100+ ft of Hwy 72 frontage
- Active cell tower lease at 7595 Hwy 72 provides additional passive income
- 1,000 SF commercial building at 7605 Hwy 72 previously used as an automobile dealership
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.1k | $20.04 |
| − Vacancy | −$10.5k | −$3.01 |
| EGI | $59.6k | $17.03 |
| − OpEx | −$14.9k | −$4.26 |
| NOI | $44.7k | $12.78 |
3,500 SF · lease $20.04/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$638.8K
$558.9K – $745.2K
NOI $44,714 @ 7.0% cap · market cap 4.08%
Second Best
Retail
$611.1K
$534.7K – $713.0K
NOI $42,777 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$911.4K
$797.5K – $1.06M
NOI $63,798 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Designer-finished office building and a separate commercial property with direct highway access, including a cell tower lease.
Where is this office building located?
The property is located at Madison, AL.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Designer‑finished 2,500 SF office building at 7595 Hwy 72 with 100+ ft of Hwy 72 frontage; Active cell tower lease at 7595 Hwy 72 provides additional passive income; 1,000 SF commercial building at 7605 Hwy 72 previously used as an automobile dealership
