Technical
Financial
Distress signals
Property profile

29599 Old Hwy 20 Madison, AL 35756

OFF-MARKET
Manufacturing properties
Property ID
US03-2903354
18,172 SF 3.69 ac lot Built 1986
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is an office-warehouse building in Madison with convenient access to I-565 and located near the Amazon fulfillment center. The building covers approximately 18,250 square feet, including about 1,500 square feet of office space and approximately 780 square feet of shop office, and includes a dock well with two loading docks. The site has a total lot size of approximately 3.95 acres with exterior covered yard space adjacent to the building, and a large fenced asphalt lot for truck and equipment staging. The warehouse layout includes two parallel drive-in doors that allow truck traffic through the building, and an adjacent approximately 1.25 acres is available for additional yard space and potential expansion.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1986
Total area 18,172 SF
Lot 3.69 ac (160,736 SF)
APN 1706240000004001
UPID US03-2903354

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
  • Auto Repair Shop

Location

29599 Old Hwy 20 Madison, AL 35756-5519
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
$1.11M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.65M

Owner & transaction history

since 2022
Last sale
$1.4M
2 recorded transactions
2022
$1.4M
2014
$337,840

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.0M +322.1%
Retail stores $1.9M +294.5%
Office building $1.9M +293.9%

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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