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    Property profile & analytics

    254 Range Ave Madison, FL 32340-2323

    • Grocery and convenience stores
    • 3,101 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    Nov 06, 2023
    Location Intelligence
    Property ID
    US18-0051252
    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

    • Madison Books / Used Book Store

    Property Details for 254 Range Ave

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.05 lot acres
    Property size
    3,101 SF
    Property type
    Grocery and convenience stores
    APN
    00-00-00-3736-001-000
    APU
    3736001000

    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
    -83.4133
    Latitude
    30.4672

    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
    $1,807
    $22,330
    $97,707
    $120,037
    -
    $22,330
    $97,707
    $120,037

    Comparable in this City

    • Value Estimation
      $155,000
      3,492 SF

      248 Range Ave

      CONVENIENCE STORE • 3,492 SF
      248 Range Ave, Madison, FL 32340-2323
      View Details
    • Value Estimation
      $360,000
      2,508 SF

      296 Base St

      CONVENIENCE STORE • 2,508 SF
      296 Base St, Madison, FL 32340-2404
      View Details
    • Value Estimation by Request
      10,918 SF

      363 Base St

      CONVENIENCE STORE • 10,918 SF
      363 Base St, Madison, FL 32340
      View Details
    • Value Estimation
      $475,000
      4,182 SF

      408 Base St

      CONVENIENCE STORE • 4,182 SF
      408 Base St, Madison, FL 32340-2702
      View Details
    • Value Estimation
      $350,000
      5,980 SF

      8061 State Rd 53

      CONVENIENCE STORE • 5,980 SF
      8061 State Rd 53, Madison, FL 32340-3713
      View Details
    • Value Estimation
      $475,000
      9,227 SF

      3907 State Rd 14

      CONVENIENCE STORE • 9,227 SF
      3907 State Rd 14, Madison, FL 32340-4475
      View Details

    Similar Nearby for Sale

    • $750,000
      0.65 Acres

      Profitable Convenience Store on US Highway

      Turn-key convenience store with multiple income streams in Madison, Florida.
      655 E Base St, Madison, FL 32340
      View Details
    • $179,000
      0.06 Acres

      Madison Commercial Building For Sale

      2500 sq ft commercial building in great location.
      114 SW Range Ave, Madison, FL 32340
      View Details
    • $275,000
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      Madison Retail Property - Hwy 90 Frontage

      High-traffic retail space, ample land, great potential.
      988 Us 90, Madison, FL 32340
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    • $189,500
      11,381 SF

      Downtown Madison Two-Story Commercial Building

      Two-story commercial building in downtown Madison, Florida, with development potential.
      179 E Base St, Madison, FL 32340
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    • $275,000
      1.93 Acres

      Madison County Commercial Land & Building

      High-potential retail property, 1.93 acres, Hwy 90 frontage.
      998 Us 90, Madison, FL 32340
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    • $250,000
      1.01 Acres

      Turnkey Bar and Grill Business

      Thriving bar and grill with real estate and all equipment.
      8144 S Crk 53, Madison, FL 32340
      View Details
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    254 Range Ave
    Madison, FL 32340-2323
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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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