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    Property profile & analytics

    271 Washington St Madison, GA 30650-1251

    • Retail space
    • 7,820 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $530,000
    Last Sale
    Dec 06, 2024
    $500,000
    Location Intelligence
    Property ID
    US22-3779751
    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 Asbestos Testing & Removal Pros / Asbestos Testing Service
    • The Spa / Day Spa / Beauty Salon
    • Notte Law Firm / Trial Attorney
    • Law Office of Brad J. Evans / Legal Services
    • Zen Relaxing Wellness Center / Wellness Center / Spa

    Property Details for 271 Washington St

    Year built
    1930
    Construction
    WOOD
    Lot size
    0.06 lot acres
    Property size
    7,820 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    M08 BO 051A140
    APU
    M08BO051A140

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $645,000
      6.5%
      $595,000
      7%
      $610,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $650,000
      Geo Method
      $525,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $550,000
      Retail
      $575,000
      Mixed-Use
      $660,000
      Hospitality
      $545,000
      Educational
      $650,000
      Residential Income
      $625,000
      Energy
      $525,000
      Income-Based Land
      $650,000
      Food Service
      $585,000

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Morgan
    State
    Georgia
    Longitude
    -83.4701
    Latitude
    33.5979
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    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
    $5,527
    $0.00
    $184,697
    $184,697
    -
    $0.00
    $461,743
    $461,743

    Comparable in this City

    • Value Estimation
      $295,000
      2,340 SF

      183 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 2,340 SF
      183 Jefferson St, Madison, GA 30650-1366
      View Details
    • Value Estimation by Request
      800 SF

      226 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      226 Washington St, Madison, GA 30650-1210
      View Details
    • Value Estimation
      $610,000
      21,443 SF

      1171 Monticello Rd

      RETAIL STORES (PERSONAL SERVICES) • 21,443 SF
      1171 Monticello Rd, Madison, GA 30650-4660
      View Details
    • Value Estimation
      $385,000
      3,996 SF

      330 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 3,996 SF
      330 Washington St, Madison, GA 30650-1213
      View Details
    • Value Estimation by Request
      720 SF

      219 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      219 Jefferson St, Madison, GA 30650-6023
      View Details
    • Value Estimation
      $720,000
      8,522 SF

      1648th Eatonton Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,522 SF
      1648th Eatonton Rd, Madison, GA 30650-4628
      View Details

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    • Contact for pricing
      165,803 SF

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    • New
      $449,900
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      Land with mature trees, hardwoods, and a small spring.
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    Similar Nearby for Lease

    • $7 SF/Yr
      13,813 SF

      Former Retail Building Near I-20

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    • $13 SF/Yr
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      Cost-effective office solutions for professionals and small businesses.
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    • Contact for pricing

      Industrial Land for Lease

      Industrial land available for lease with Freeport Tax Exemption.
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    • $1,650 /Mo
      1,080 SF

      Madison Office Suite For Rent

      Office suite near I-20 with flexible layout.
      2151 Eatonton Rd, Madison, GA 30650
      View Details
    • $100 SF/Yr
      871 SF

      Flexible Workspace in Madison, Georgia

      Dynamic coworking space fostering collaboration and growth for professionals.
      207 W Jefferson St, Madison, GA 30650
      View Details
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    271 Washington St
    Madison, GA 30650-1251
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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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