Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    7830 Us Highway 72 Madison, AL 35757

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7830 Us Highway 72 Madison, AL 35757

    View on Map
    • Retail properties & Spaces
    • 110,655 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 7830 Us Highway 72

    Property size
    110,655 SF
    Property type
    Retail properties & Spaces

    Description

    Promenade Madison, located at 7830 US Highway 72 West in Madison, Alabama (zip code 35757), offers exceptional retail leasing opportunities. This multi-tenant commercial property boasts a total of 110,655 square feet, with 25,043 square feet currently vacant and ready for immediate occupancy. The property is situated in Madison County and provides flexible space options, accommodating tenants seeking anywhere from a minimum of 1,543 square feet to a maximum contiguous space of 12,500 square feet. Five individual spaces are currently available for lease, making it ideal for a variety of retail businesses. The property's strategic location on US Highway 72 West ensures high visibility and accessibility for customers. This presents a unique chance to establish or expand a retail presence in a thriving Alabama market. The property's size and layout offer considerable versatility, catering to businesses with diverse space requirements. Interested parties are encouraged to inquire about available spaces and lease terms. The property is ready for immediate occupancy, allowing businesses to quickly establish their operations. This prime retail location in Madison, Alabama offers an excellent opportunity for growth and success.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.7498
    Latitude
    34.7521

    Comparable in this City

    • Value Estimation by Request
      3,750 SF

      7126 Wall Triana Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,750 SF
      7126 Wall Triana Hwy, Madison, AL 35757-7420
      View Details
    • Value Estimation by Request
      4,000 SF

      4015 Lawson Rdg Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,000 SF
      4015 Lawson Rdg Dr, Madison, AL 35757-7222
      View Details
    • Value Estimation
      $515,000
      6,300 SF

      1114 Old Railroad Bed Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 6,300 SF
      1114 Old Railroad Bed Rd, Madison, AL 35757-6610
      View Details
    • Value Estimation by Request
      3,046 SF

      6848 Wall Triana Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,046 SF
      6848 Wall Triana Hwy, Madison, AL 35757-7411
      View Details
    • Value Estimation by Request
      1.00 Acres

      Hwy 72nd W

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1.00 Acres
      Hwy 72nd W, Madison, AL 35757
      View Details
    • Value Estimation by Request
      7,380 SF

      131 Teresa Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 7,380 SF
      131 Teresa Dr, Madison, AL 35757-7439
      View Details

    Similar Nearby for Sale

    • $6,139,100

      Net Lease Daycare Investment Opportunity

      Net lease daycare investment in Madison, Alabama, scheduled for completion October 2025.
      291 Pine Grove Rd, Madison, AL 35757
      View Details
    • $4,950,000
      93.00 Acres

      Madison, AL Commercial Land

      93-acre property with commercial and residential zoning.
      6536 Wall Triana Hwy, Madison, AL 35757
      View Details
    • $7,900,000

      Prime Land Near Clift Farms

      Land with frontage on Wall Triana Hwy, expanding to 5 lanes.
      6133-6167 Wall Triana Hwy, Madison, AL 35757
      View Details
    • Contact for pricing

      4045 Lawson's Ridge Dr., Madison, AL 35757

      Land
      4045 Lawson's Rdg Dr, Madison, AL 35757
      View Details
    • $424,900

      Unzoned Land Near Highway 72

      6 +/- acre unzoned site with road frontage.
      6A Nance Rd, Madison, AL 35757
      View Details
    • $199,000

      Unrestricted Lots in Growing Area

      Two side-by-side unrestricted lots totaling approximately .82 acres.
      574 Nance Rd, Madison, AL 35757
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Flexible Space on Capshaw Road

      Flexible commercial space available in a convenient Madison location.
      461 Capshaw Rd, Madison, AL 35757
      View Details
    • Contact for pricing

      Land Available Near Publix

      Outparcel opportunity for ground lease or build to suit.
      283 Pine Grove Rd, Madison, AL 35757
      View Details
    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.
    7830 Us Highway 72
    Madison, AL 35757
    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
    7830 Us Highway 72, Madison, AL, 35757
    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!