Technical
Financial
Distress signals
Property profile

11 Hughes Rd Madison, AL 35758

FOR LEASE
Banks
Property ID
US03-1027901
12,210 SF 2.44 ac lot Built 1998
Entity Owned Free & Clear
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11 Hughes Rd, Madison, AL 35758 For Lease
$18.50 SF/Yr 1,374 SF available
11 Hughes Rd, Madison, AL 35758
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Property summary

AI-generated overview

This exceptional two-story office building, formerly a Synovus Bank branch, offers 6,056 square feet of versatile space at 11 Hughes Rd, Madison, AL 35758. Located at the corner of Madison Blvd and Hughes Rd, this Class B property boasts convenient access to I-565 (Exit 9) and ample parking (49 spaces). The building, constructed in 1998, features a mix of tenancy options, with 2,863 square feet currently vacant. Available spaces range from 1,374 to 1,489 square feet. The second floor comprises private office suites and a shared copy room. The property is zoned B2 and sits in Madison County, offering a strategic location for businesses seeking a prominent presence in this thriving Alabama community. The building's traditional office layout provides a professional and functional workspace. This is an excellent opportunity for businesses seeking a well-maintained, conveniently located office space with easy highway access and ample parking. The building's history as a bank branch suggests a strong foundation and well-designed interior layout. The available space is ideal for a variety of businesses seeking a comfortable and efficient work environment. This property presents a compelling opportunity to establish or expand your business in a desirable location.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,210 SF
Lot 2.44 ac (106,243 SF)
APN 16-05-16-0-004-050.005
UPID US03-1027901

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Real Estate Agency
  • Real Estate Agency

Location

11 Hughes Rd Madison, AL 35758
Madison metro Census 11028 HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$595k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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