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    701 & 703 St Madison, IN 47250

    • Retail properties
    • 0.08 lot acres
    For Sale
    View listing
    $117,500
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 701 & 703 St

    Year built
    1900
    Lot size
    0.08 lot acres
    Property type
    Retail properties

    Description

    This exceptional investment opportunity presents two adjacent retail properties located in the heart of Madison, Indiana, at 701 & 703 West Street. The combined properties sit on a 0.08-acre lot and are zoned Central Business District, offering versatile commercial and/or residential development potential. Each building offers substantial square footage

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Jefferson_IN
    State
    Indiana
    Longitude
    -85.3804
    Latitude
    38.7399

    Comparable in this City

    • Value Estimation by Request
      198,900 SF

      567 Ivy Tech Dr

      DEPARTMENT STORE • 198,900 SF
      567 Ivy Tech Dr, Madison, IN 47250-1802
      View Details
    • Value Estimation
      $295,000
      238 SF

      553 Ivy Tech Dr

      DEPARTMENT STORE • 238 SF
      553 Ivy Tech Dr, Madison, IN 47250-1882
      View Details
    • Value Estimation by Request

      3144 English Sta

      Individual retail properties
      3144 English Sta, Madison, IN 47250
      View Details
    • Value Estimation by Request

      5420 Sr 7

      Land
      5420 Sr 7, Madison, IN 47250
      View Details
    • Value Estimation by Request
      1,984 SF

      3400 In-56

      Day care centers • 1,984 SF
      3400 In-56, Madison, IN 47250
      View Details
    • Value Estimation by Request
      0.42 Acres

      418 Mulberry St

      PARKING LOT • 0.42 Acres
      418 Mulberry St, Madison, IN 47250-3434
      View Details

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    Similar Nearby for Lease

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      8,284 SF

      Madison Retail Space Available

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      Madison, IN Commercial Space

      Commercial space for lease in high-traffic Madison location.
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      4,950 SF

      Retail Space in Madison, Indiana

      Retail space available in Jefferson County's main shopping district.
      411 E Clifty Dr, Madison, IN 47250
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      Commercial space in high-traffic area with versatile layout.
      220 Clifty Dr, Madison, IN 47250
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    701 & 703 St
    Madison, IN 47250
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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
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