Technical
Financial
Distress signals
Property profile

29005 Old Hwy 20 Madison, AL 35756

OFF-MARKET
Warehouses
Property ID
US03-2833962
20,352 SF 16.63 ac lot Built 2003
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4,965,000 USD industrial land parcel presents a unique investment opportunity in Madison, Alabama. Zoned for Agricultural/Industrial use, this property boasts an enviable location, offering unparalleled access to major transportation arteries and key industrial players. Situated at 29005 Old Hwy 20, Limestone County, AL 35756 (34.67080595790461, -86.81155287898872), the site benefits from its proximity to Huntsville International Airport, significantly reducing transportation costs and logistical complexities. Furthermore, its strategic placement near established industrial giants such as the Mazda/Toyota Manufacturing Plant, Amazon Fulfillment Center, Polaris Industries, and Target Distribution Center provides immediate access to a robust workforce and established supply chains. This prime location offers significant advantages for businesses seeking efficient operations and strategic expansion within a thriving industrial ecosystem. The property's Agricultural/Industrial zoning allows for a wide range of development possibilities, catering to diverse industrial needs. This presents a compelling opportunity for developers and businesses alike to establish a strong foothold in a rapidly growing industrial corridor. The asking price reflects the exceptional value and potential of this strategically located industrial land. Serious inquiries are encouraged.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2003
Total area 20,352 SF
Lot 16.63 ac (724,403 SF)
APN 1706230000032000
UPID US03-2833962

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Building Supply

Location

29005 Old Hwy 20 Madison, AL 35756-5552
Madison metro Census 21203 HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.19M

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2022
$3.9M
2022
Price N/A
2012
$1.1M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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