Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    29500 Huntsville Brownsferry Rd Madison, AL 35756
    Back to Search
    Property profile & analytics

    29500 Huntsville Brownsferry Rd Madison, AL 35756

    View on Map
    • Land
    • 11.59 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 29500 Huntsville Brownsferry Rd

    Lot size
    11.59 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 11.59-acre parcel presents a remarkable investment opportunity at the bustling intersection of Burgreen Road and Huntsville Brownsferry Road in Madison, Alabama (zip code 35756). Currently zoned Madison City Agricultural, this rectangular property offers significant potential for commercial development. Its prime location at a high-traffic intersection ensures exceptional visibility and accessibility, capitalizing on the westward growth along Brownsferry Road. The property's dimensions are oriented with its length extending towards County Line Road. The land's versatility is further enhanced by its permitted rezoning to commercial use, opening doors to a wide range of development possibilities. This is a unique chance to acquire a substantial tract of land in a rapidly expanding area. The property is being offered unpriced

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Limestone
    State
    Alabama
    Longitude
    -86.7966
    Latitude
    34.7291

    Comparable in this City

    • Value Estimation by Request
      3.20 Acres

      Al Highway 20

      Land • 3.20 Acres
      0 Al Highway 20, Madison, AL 35756
      View Details
    • Value Estimation by Request
      2.37 Acres

      26178 Old Highway 20

      Land • 2.37 Acres
      26178 Old Highway 20, Madison, AL 35756
      View Details
    • Value Estimation by Request
      9.00 Acres

      Us-72

      Land • 9.00 Acres
      0 Us-72, Madison, AL 35756
      View Details
    • Value Estimation by Request
      4.20 Acres

      30633 Us-72

      Land • 4.20 Acres
      30633 Us-72, Madison, AL 35756
      View Details
    • Value Estimation by Request
      1.40 Acres

      County Line Rd

      Land • 1.40 Acres
      0 County Line Rd, Madison, AL 35756
      View Details
    • Value Estimation by Request
      0.52 Acres

      28742 Maecille Dr

      Land • 0.52 Acres
      28742 Maecille Dr, Madison, AL 35756
      View Details

    Similar Nearby for Sale

    • $4,285,044
      119.04 Acres

      Prime Farmland Near Redstone Arsenal

      119-acre farmland with home near Redstone Arsenal and Tennessee River.
      2507 SW Rockhouse Rd, Madison, AL 35756
      View Details
    • Contact for pricing

      Land for New Development

      Land suitable for development in established subdivision near Madison.
      Huntsville Brownsferry Rd, Madison, AL 35756
      View Details
    • Contact for pricing

      Land For Sale

      Two acre land parcel available for purchase.
      Cleghorn Blvd, Madison, AL 35756
      View Details
    • $2,700,000

      Unzoned Acreage in Limestone County

      Unzoned acreage suitable for various development opportunities.
      29800 Us Highway 72, Madison, AL 35756
      View Details
    • $6,000,000

      Highway 72 Land For Sale

      Land available on Highway 72 in Limestone County.
      30234 Highway 72, Huntsville, AL 35756
      View Details
    • $100,000

      Residential Lot Near Upscale Homes

      Half-acre lot with small house, near high-value residential area.
      28742 Maecille Dr, Madison, AL 35756
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Madison Retail Land Opportunity

      High-visibility retail lots near I-565
      20 & County Line Rd, Madison, AL 35756
      View Details
    • $6,500 /Mo
      1,875 SF

      Highway 72 Corner Lot

      1.6 acre commercial lot for rent on Highway 72.
      30472 Highway 72, Madison, AL 35756
      View Details
    • Contact for pricing

      4 Acre Business Park Land

      4 acre commercial land suitable for various business purposes.
      Peoples Rd, Madison, AL 35756
      View Details
    • Contact for pricing

      New Logistics Center in Huntsville

      270,400 SF customizable space, delivery expected 3Q 2025.
      Gunters Way NW, 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
    • Contact for pricing
      25,000 SF

      Hwy 20 Office/Warehouse Space

      Single-tenant office & warehouse. Prime Limestone County location.
      14000 State Hwy 20, Madison, AL 35756
      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.
    29500 Huntsville Brownsferry Rd
    Madison, AL 35756
    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
    29500 Huntsville Brownsferry Rd, Madison, AL, 35756
    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!