Technical
Financial
Distress signals
Property profile

495 Production Ave Madison, AL 35758

FOR LEASE
Manufacturing properties
Property ID
US03-0954354
41,880 SF 2.5 ac lot Built 2008
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 40,800-square-foot flex building, situated on 40 acres within the Jetplex Circle Business Park in Madison, Alabama, offers a prime location for businesses seeking efficient and versatile space. Built in 2006, this two-story structure boasts 8-foot ceilings and is fully climate-controlled. The property is ideally suited for executive office, manufacturing, or warehouse operations, with multiple suites available. Tenants can choose from spaces ranging from a minimum of 7,200 square feet to a maximum contiguous space of 14,200 square feet. Currently, the entire 40,800 square feet is vacant, presenting a unique opportunity for a single large tenant or multiple smaller occupants. The building's strategic location provides convenient access to Interstates 565 and 65, ensuring seamless connectivity to the greater Huntsville area and the Mid-South region. The Jetplex Circle Business Park itself comprises over 330,000 square feet of commercial space, creating a thriving business community. This property is perfect for assembly or light manufacturing needs, offering a blend of functionality and prime location. The building features separately demised east and west sides, providing flexibility for various business configurations. The property's address is 495 Production Avenue, Madison, AL 35758.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2008
Total area 41,880 SF
Lot 2.5 ac (108,900 SF)
APN 16-04-19-0-000-009.002
UPID US03-0954354

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

Location

495 Production Ave Madison, AL 35758
Madison metro Census 11021 HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.61M
Comparable Approach Comparable
by Request
Blend (final) Blend
$815k

Owner & transaction history

since 2020
3 recorded transactions
2020
$16.2M
2016
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $2.8M +3.3%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message