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    Property profile & analytics

    490 Production Ave Madison, AL 35758-8955

    • Distribution centers
    • 58,827 SF
    • 7.38 lot acres
    OFF-MARKET
    Value Estimation
    $1,035,000
    Location Intelligence
    Property ID
    US03-0699899
    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

    • Digital investigation of Madison / Private Investigator
    • FedEx Ship Center / Shipping And Mailing Service / Logistics Service

    Property Details for 490 Production Ave

    Year built
    2001
    Construction
    MIXED
    Lot size
    7.38 lot acres
    Property size
    58,827 SF
    Property type
    Distribution centers
    APN
    16-04-19-0-000-005.001
    APU
    1604190000005001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $950,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,405,000
      6.5%
      $1,325,000
      7%
      $1,360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,155,000
      Geo Method
      $1,445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,295,000
      Retail
      $1,145,000
      Mixed-Use
      $1,385,000
      Hospitality
      $1,520,000
      Educational
      $1,375,000
      Residential Income
      $1,515,000
      Energy
      $1,135,000
      Income-Based Land
      $1,185,000
      Food Service
      $1,345,000

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.7822
    Latitude
    34.6731
    CBSA code
    26620
    CBSA name
    HUNTSVILLE, AL 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
    $56,400
    $95,940
    $703,600
    $799,540
    -
    $479,700
    $3,518,000
    $3,997,700

    Comparable in this City

    • Value Estimation by Request

      147 Westchester Dr

      DISTRIBUTION WAREHOUSE
      147 Westchester Dr, Madison, AL 35758-7111
      View Details
    • Value Estimation by Request
      30,282 SF

      117 Jetplex Cir

      DISTRIBUTION WAREHOUSE • 30,282 SF
      117 Jetplex Cir, Madison, AL 35758-8958
      View Details
    • Value Estimation
      $765,000
      25,078 SF

      401 Lanier Rd

      DISTRIBUTION WAREHOUSE • 25,078 SF
      401 Lanier Rd, Madison, AL 35758-1865
      View Details
    • Value Estimation
      $700,000
      31,330 SF

      9584 Madison Blvd

      DISTRIBUTION WAREHOUSE • 31,330 SF
      9584 Madison Blvd, Madison, AL 35758-9128
      View Details
    • Value Estimation by Request
      14,305 SF

      130 Westchester Dr

      DISTRIBUTION WAREHOUSE • 14,305 SF
      130 Westchester Dr, Madison, AL 35758-7838
      View Details
    • Value Estimation by Request
      8,676 SF

      350 Lanier Rd

      DISTRIBUTION WAREHOUSE • 8,676 SF
      350 Lanier Rd, Madison, AL 35758-1846
      View Details

    Similar Nearby for Sale

    • $7,861,000

      Jetplex Area Investment Opportunity

      60,000 SF industrial property with long-term NNN leases.
      277 Westchester Rd, Madison, AL 35758
      View Details
    • Contact for pricing
      50,125 SF

      Madison Industrial Property For Sale

      50,000 SF Office/Warehouse Space
      132 Jetplex Ln, Madison, AL 35758
      View Details
    • $1,057,400
      8.81 Acres

      Madison Industrial Land - Jetplex Area

      8.81 Acres, M-1 Zoning, All Utilities
      0 Royal Dr, Madison, AL 35758
      View Details
    • Contact for pricing
      30,000 SF

      Madison Industrial Warehouse Space

      Prime 30,000 SF Warehouse - I-565 Access
      9320 Madison Blvd, Madison, AL 35758
      View Details
    • Contact for pricing
      50,000 SF

      Madison Industrial Warehouse - 50,000 SF

      High-traffic industrial space near Huntsville Airport.
      9310 Madison Blvd, Madison, AL 35758
      View Details
    • $975,000
      8,098 SF

      Office-Warehouse Space in Jetplex Park

      Office-warehouse space with convenient access to key locations.
      156 Jetplex Ln, Madison, AL 35758
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      35,000 SF

      Madison County Industrial Campus

      Two modern warehouses, build-to-suit options.
      0 Palmer Rd, Madison, AL 35758
      View Details
    • $15 SF/Yr

      Industrial Space Near Huntsville Airport

      Industrial property with convenient access to highways and Huntsville Airport.
      1003 Production Ct, Madison, AL 35758
      View Details
    • $57,677

      Madison, AL Warehouse For Lease

      100,000 SF warehouse space available in Madison, Alabama.
      9324 Madison Blvd, Madison, AL 35758
      View Details
    • $7 SF/Yr

      Huntsville Area Flex Building

      Two-story flex building in Jetplex Circle Business Park.
      495 Production Ave, Madison, AL 35758
      View Details
    • $10 SF/Yr

      Conditioned Warehouse Space Near I-565

      Fully conditioned warehouse space with dock and ground level loading.
      300 Production Ave, Madison, AL 35758
      View Details
    • $11 SF/Yr

      Industrial Warehouse with Office Space

      10,000 SF industrial warehouse with 1,200 SF office space.
      250 Royal Dr, Madison, AL 35758
      View Details
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    Madison, AL 35758-8955
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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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