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    Property profile & analytics

    248 Hancock Ave Madison, FL 32340-2560

    • Medical offices
    • 4,025 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $140,000
    Last Sale
    Mar 20, 2020
    $120,000
    Location Intelligence
    Property ID
    US18-2775943
    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

    • Dermatology Associates of Tallahassee / Dermatologist
    • Marc Inglese / Dermatologist

    Property Details for 248 Hancock Ave

    Year built
    1972
    Construction
    STEEL FRAME
    Lot size
    0.31 lot acres
    Property size
    4,025 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    00-00-00-3632-002-000
    APU
    3632002000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Florida
    Longitude
    -83.4106
    Latitude
    30.4716

    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
    $4,756
    $46,224
    $167,575
    $213,799
    -
    $46,224
    $167,575
    $213,799

    Comparable in this City

    • Value Estimation
      $1,115,000
      50,894 SF

      240 Commerce Dr

      MEDICAL BUILDING • 50,894 SF
      240 Commerce Dr, Madison, FL 32340-4420
      View Details
    • Value Estimation
      $250,000
      6,707 SF

      189 Captain Brown Rd

      MEDICAL BUILDING • 6,707 SF
      189 Captain Brown Rd, Madison, FL 32340-4351
      View Details
    • Value Estimation
      $230,000
      3,680 SF

      234 Range Ave

      MEDICAL BUILDING • 3,680 SF
      234 Range Ave, Madison, FL 32340-2323
      View Details
    • Value Estimation
      $1,260,000
      2,816 SF

      855 Base St

      MEDICAL BUILDING • 2,816 SF
      855 Base St, Madison, FL 32340-1405
      View Details
    • Value Estimation
      $375,000
      2,640 SF

      194 Hancock Ave

      MEDICAL BUILDING • 2,640 SF
      194 Hancock Ave, Madison, FL 32340-2546
      View Details
    • Value Estimation
      $305,000
      1,472 SF

      362 Hancock Ave

      MEDICAL BUILDING • 1,472 SF
      362 Hancock Ave, Madison, FL 32340-2549
      View Details

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      Madison Mixed-Use Investment Opportunity

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    • $270,000
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      200 square feet and 'heated' square feet of 1

      590 in the 2 bedroom and 1 bath apartment. This apartment is a very nicely planned out floor plan. It also has it's own private entrance and separate entrance to the large building. The large building has a private office
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    • $40,000
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      Taylor County Landlocked Acreage

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      View Details
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    248 Hancock Ave
    Madison, FL 32340-2560
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    Realmo Value Estimation

    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.

    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.

    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
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