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Property profile & analytics

540 Hughes Rd Madison, AL 35758

  • Medical offices
  • 24,946 SF
  • 2.42 lot acres
Value Estimation
$4,575,000
Last Sale
Jul 25, 2023
$4,650,000
Location Intelligence
Property ID
US03-3154780
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • TheresaKuhn / Reiki Therapist / Yoga Instructor
  • Edward Jones - Financial Advisor: Brad Wallace, CFP® / Financial Consultant / Finance Broker
  • Natures Way Chiropractic / Chiropractor
  • Zaunklay Finnila / Medical Clinic / Family Practice Physician
  • Julie Lindner / Counselor / Psychologist

Property Details for 540 Hughes Rd

Year built
1990
Construction
WOOD
Lot size
2.42 lot acres
Property size
24,946 SF
Property type
Medical offices
Property subtype
Medical centers
APN
16-02-09-2-000-063.004
APU
1602092000063004

Description

This exceptional 24,946 square foot medical office building, constructed in 2009, is strategically located at 540 Hughes Rd, Madison, AL 35758. The property boasts a prime commercial zoning designation and features ample parking with 128 spaces available for tenants and visitors. Currently, there is 1,621 square feet of vacant space available for lease, ideal for a variety of medical or traditional office uses. The building's multiple tenancy structure offers flexibility and potential for diverse occupancy. The property's location in Madison, Alabama, provides convenient access to major transportation routes and a thriving community. The building's modern design and ample parking make it an attractive option for medical professionals and businesses seeking a well-maintained and functional workspace. The property's APN is 16-02-09-2-000-063.004. This is a fantastic opportunity to secure space in a high-demand area. The available space presents a unique chance to establish or expand a medical practice or office operation within a well-established and reputable building. Interested parties are encouraged to inquire about lease terms and availability.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $4,585,000
  • CAP approach

    CAP return
    Estimation
    6%
    $4,195,000
    6.5%
    $4,260,000
    7%
    $4,075,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $5,345,000
    Geo Method
    $4,210,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $4,440,000
    Retail
    $3,935,000
    Mixed-Use
    $4,140,000
    Hospitality
    $4,765,000
    Educational
    $4,345,000
    Residential Income
    $4,000,000
    Energy
    $3,935,000
    Income-Based Land
    $4,380,000
    Food Service
    $4,610,000

Location Insight

  • Map
  • Local Demand
City
Madison
County
Madison
State
Alabama
Longitude
-86.7426
Latitude
34.7108
CBSA code
26620
CBSA name
HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$34,701
$106,680
$388,760
$495,440
-
$533,400
$1,943,800
$2,477,200
More about this property
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