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    Property profile & analytics

    296 Base St Madison, FL 32340-2404

    • Grocery and convenience stores
    • 2,508 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Oct 12, 2022
    Location Intelligence
    Property ID
    US18-3246493
    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

    • Pure / Convenience Store

    Property Details for 296 Base St

    Year built
    1930
    Construction
    CONCRETE
    Lot size
    0.17 lot acres
    Property size
    2,508 SF
    Property type
    Grocery and convenience stores
    APN
    00-00-00-3674-000-000
    APU
    3674000000

    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
    -83.4117
    Latitude
    30.4692

    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
    $3,408
    $56,640
    $96,562
    $153,202
    -
    $56,640
    $96,562
    $153,202

    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
      $320,000
      4,656 SF

      114 Millinor St

      CONVENIENCE STORE • 4,656 SF
      114 Millinor St, Madison, FL 32340-2202
      View Details
    • Value Estimation
      $215,000
      3,964 SF

      570 Base St

      CONVENIENCE STORE • 3,964 SF
      570 Base St, Madison, FL 32340-2704
      View Details
    • Value Estimation
      $400,000
      4,437 SF

      1010 Us 90

      GROCERY, SUPERMARKET • 4,437 SF
      1010 Us 90, Madison, FL 32340-3080
      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

    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
    • $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
      View Details
    • $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
    • $275,000
      1.93 Acres

      Commercial Property on US 90

      1.9+ acre commercial property with highway frontage and multiple buildings.
      988 E Us 90, Madison, FL 32340
      View Details
    • $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
      View Details
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    296 Base St
    Madison, FL 32340-2404
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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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