Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,935,000
Medical Office Space
12205 County Line Rd Madison, AL 35758-7719
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US03-0714033
Property summary
AI-generated overview
West Madison Professional Plaza offers a 2,300 square foot medical office suite for lease within a larger 25,400 square foot building. This two-story, multi-tenant building was constructed in 2008 and is exceptionally well-maintained. The available space presents a fantastic opportunity for medical professionals seeking a modern and efficient workspace. Located in a thriving area experiencing significant growth, this property provides excellent visibility and accessibility for patients and staff. The suite itself is ready for immediate occupancy, offering a convenient and professional environment. The building's overall excellent condition and prime location make this an attractive option for practices seeking to expand or relocate. The building's multi-tenant nature fosters a collaborative atmosphere, while the ample square footage allows for customization to meet specific practice needs. Don't miss this chance to secure a desirable medical office space in a rapidly developing neighborhood. Serious inquiries only. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Construction
WOOD
Total area
24,101 SF
Lot
2 ac (87,120 SF)
APN
15-09-31-3-001-074.003
UPID
US03-0714033
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Emergency Dentist 24/7 Dental Office
-
Dental Associates of Madison Dental Office
-
Shedd Patterson G DDS Dental Office
-
Donaghey J Kyle DDS Dental Office
-
Anthony F. Houssain, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.05M
CAP Approach
CAP
$4.81M
Comparable Approach
Comparable
$3.99M
Blend (final)
Blend
$3.94M
Owner & transaction history
Ababa Holdings LLC · 5 yrs held
Ababa Holdings LLC
since 2021
Last sale
$3.3M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.4M
+7.4%
Commercial (general)
$5.2M
+3.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,160,000
ML approach
$4,050,000
CAP Approach
CAP Return
Estimation
6%
$5,205,000
6.5%
$4,805,000
7%
$4,460,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,010,000
Current use
OFFICE BUILDING
$5,385,000
Change: +7% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,180,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$3.94M
Range $3.54M – $4.33M · ±10% · vs last sale $3.30M (Mar 8 2021)
Last sale anchor
$3.30M
Mar 8 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$163 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$37,043
Tax year 2023
Assessed value
$529,820
Assessed 2023
Previous assessed
$493,000
+7.5% YoY
Effective rate
6.99%
On assessed value
Assessed land
$87,120
Assessed improvement
$442,700
Land market value
$435,600
Improvement market value
$2,213,500
Total market value
$2,649,100
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Bathrooms
1
Total area
24,101 SF
Lot
2 ac (87,120 SF)
APN
15-09-31-3-001-074.003
UPID
US03-0714033
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$5.0M
OFFICE BUILDING
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$5.2M
MEDICAL BUILDING Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Bathrooms
1
Lot
2 ac
Current owner
From public records · entity-resolved
Ababa Holdings LLC
Entity
Mailing address
240 WATTERSON WAY, MADISON, AL 35756-6424
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2021
$3,300,000
Ababa Holdings LLC
Dccd Holdings LLC
Warranty Deed
—
Oct 21, 2020
$3,300,000
Dccd Holdings LLC
West Madison Prof Plz LLC
Warranty Deed
—
Oct 24, 2016
—
The West Madison Professional Plaza
—
Deed
related
$34,790,418 · Cb&s Bank INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12205 County Line Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
