Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1040 Research Blvd Madison, AL 35758

    Property Lookup

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

    1040 Research Blvd Madison, AL 35758

    View on Map
    • Office buildings
    • 33,728 SF
    • 32.24 lot acres
    For Lease
    $9,360,000
    View Listing →
    Catalyst Business Park Office Space For Lease
    $9,360,000

    Catalyst Business Park Office Space

    Single-story office park with flexible space and ample parking.

    1040 Research Blvd, Madison, AL 35758
    View Listing
    Property ID
    US03-1993970
    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.
    Value Estimations
    $9,360,000
    Cap Rate Potential
    3.4%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 1040 Research Blvd

    Year built
    2011
    Construction
    WOOD
    Lot size
    32.24 lot acres
    Property size
    33,728 SF
    Property type
    Office buildings
    APN
    16-05-15-0-000-085.000
    APU
    1605150000085000

    Description

    Catalyst Business Park offers 81,462 square feet of office, flex, and R&D space across two single-story buildings situated on a hilltop within a wooded lot in Madison, Alabama. This multi-tenant property features three available spaces ranging from 1,540 to 8,720 square feet. Conveniently located at 1040 Research Blvd, 35758, the park is easily accessible from Madison Boulevard (Hwy 20), between Zierdt Road and Hughes Road. Its strategic location provides quick access to all areas of Madison, I-565, and Redstone Arsenal's Gate 9. The property is also minutes from Town Madison, Toyota Field, and numerous restaurants. The M-1 Restricted Industrial zoning ensures a variety of potential uses. Ample parking is available. This exceptional property presents a unique opportunity for businesses seeking flexible and conveniently located office space in a desirable Madison County setting.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $11,375,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $7,660,000
      6.5%
      $7,070,000
      7%
      $6,565,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,607,000
      Market price range: $4.33M - $13.6M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $7,535,000
      Current use
      COMMERCIAL (GENERAL)
      $7,250,000
      Change: -4% Conversion: Easy
      MEDICAL BUILDING
      $7,015,000
      Change: -7% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.7303
    Latitude
    34.689
    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
    $84,576
    $297,720
    $904,180
    $1,201,900
    -
    $1,488,600
    $4,520,900
    $6,009,500

    Comparable in this City

    • Value Estimation by Request
      1,967 SF

      1463 Slaughter Rd

      OFFICE BUILDING • 1,967 SF
      1463 Slaughter Rd, Madison, AL 35758-8689
      View Details
    • Value Estimation
      $2,935,000
      6,312 SF

      9632 Madison Blvd

      OFFICE BUILDING • 6,312 SF
      9632 Madison Blvd, Madison, AL 35758-9157
      View Details
    • Value Estimation
      $5,615,000
      38,610 SF

      Business Park Blvd

      OFFICE BUILDING • 38,610 SF
      Business Park Blvd, Madison, AL 35758
      View Details
    • Value Estimation
      $2,895,000
      1,566 SF

      180 Roema Dr

      OFFICE BUILDING • 1,566 SF
      180 Roema Dr, Madison, AL 35758-8781
      View Details
    • Value Estimation
      $1,075,000
      4,642 SF

      183 Shelton Rd

      OFFICE BUILDING • 4,642 SF
      183 Shelton Rd, Madison, AL 35758-1933
      View Details
    • Value Estimation
      $1,460,000
      5,217 SF

      350 Sun Temple Dr

      OFFICE BUILDING • 5,217 SF
      350 Sun Temple Dr, Madison, AL 35758-5919
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Meadow Green Office Centre Space

      Office space designed for research, development, and technology applications.
      9238 Madison Blvd, Madison, AL 35758
      View Details
    • $1,095,000
      3,500 SF

      Highway Frontage Commercial Opportunity

      Move-in-ready commercial building with passive income on Highway 72.
      7595 Us Highway 72 W, Madison, AL 35758
      View Details
    • Contact for pricing
      32,384 SF

      Madison Office Space - Prime Location

      Refurbished Offices, Convenient Location, I-565 Access
      190 Lime Quarry Rd, Madison, AL 35758
      View Details
    • Contact for pricing
      32,384 SF

      Madison Office Space - Prime Location

      Refurbished Offices, Convenient Location, I-565 Access
      190 Lime Quarry Rd, Madison, AL 35758
      View Details
    • $1,500,000

      Madison Retail/Office Opportunity

      3,885 SF building on 2.3 acres in Madison, Alabama.
      102 Gin Oaks Ct, Madison, AL 35758
      View Details
    • Contact for pricing

      Madison Office Centre Prime Space

      Office space available in Madison, suitable for various applications.
      9238 Madison Blvd, Madison, AL 35758
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Madison Medical Complex Office Space

      Two-story office building near Madison Hospital Campus in Huntsville, AL.
      8425 Wann Dr, Madison, AL 35758
      View Details
    • $350 /Mo
      12,000 SF

      Madison Office Center Suites

      Two-story office building with suites available in Madison, AL.
      8840 Madison Blvd, Madison, AL 35758
      View Details
    • Contact for pricing

      Madison Medical Office Space Available

      Recently renovated medical office with suite available for lease.
      145 Research Blvd, Madison, AL 35758
      View Details
    • Contact for pricing

      Office or Medical Practice Location

      Ideal location for office or medical practice in Madison, AL.
      120 W Dublin Dr, Madison, AL 35758
      View Details
    • Contact for pricing

      Class A Medical Office Space

      Medical office space available in thriving area with shared parking.
      11743 County Line Rd, Madison, AL 35758
      View Details
    • Contact for pricing

      Retail Space in Madison, AL

      Prime retail space in a high-traffic Madison location.
      105 Brookridge Dr, Madison, AL 35758
      View Details
    View Listing
    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.
    1040 Research Blvd
    Madison, AL 35758
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!