Property profile

190 Lime Quarry Rd Madison, AL 35758

FOR LEASE
Office buildings
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Property ID
US03-1036586
32,844 SF 2.33 ac Built 1986
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property comprises refurbished office units configured for professional use, with most suites featuring a reception area, a private restroom, and three offices; certain configurations can instead provide four smaller offices. Suites are designed to be combinable with adjacent units when needed. The property is located on Lime Quarry Road in Madison, Alabama, with access to Madison Boulevard, Interstate 565, Interstate 65, and Memorial Parkway, and it lies within the broader service area for Redstone Arsenal and South Huntsville.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value$360k
Assessed land$62k
Assessed improvement$298k
Effective rate7.06%

Value estimate

· Nov 2026
$690k
$621k – $759k
Submarket $/SF estimate$4.22M
NOI build-up
Gross scheduled income$649k
Vacancy & credit loss−$97k
Operating expenses−$138k
NOI$414k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$223/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$128 – $404
Qualifying comparables9

Cap rate analysis

How does the asset earn?
$414k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMADISON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.8
Law Firm10.4
Dry Cleaner8.6

Location

190 Lime Quarry Rd Madison, AL 35758
County assessor Recorded deeds · not on file 9 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
167 Westchester, Madison, AL 35758-7100 $652,543 Jan 2026 96,420 SF
3809 Sullivan, Madison, AL 35758-2372 $3,000,000 May 2024 12,534 SF
1040 Research, Madison, AL 35758-2069 $8,875,000 Dec 2022 33,728 SF
Business Park, Madison, AL 35758 $4,000,000 Dec 2022 38,610 SF
906 Slaughter, Madison, AL 35758-8796 $6,368,750 Aug 2021 31,900 SF
10835 County Line, Madison, AL 35758-3670 $6,743,750 Aug 2021 66,130 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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