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Property profile & analytics
OFF-MARKET Estimated value $2,130,000
Warehouses

500 Lanier Rd Madison, AL 35758-1899

40,000 SF 7.14 ac lot Built 1982
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US03-0824866
Property summary
AI-generated overview

This exceptional 6,000-square-foot flex space, located at 500 Lanier Road, Suite C, in Madison, Alabama, presents a fantastic opportunity for businesses seeking a versatile industrial setting. Situated within a well-established industrial complex, this property offers a blend of industrial and office space, ideal for a variety of uses. The unit is currently vacant and ready for immediate occupancy. The building boasts convenient access to Madison Boulevard and Interstate 565, providing seamless connectivity to downtown Madison and the wider region. This prime location offers excellent visibility and accessibility for employees and clients alike. The property is part of a multi-tenant complex, fostering a collaborative and dynamic business environment. The 35758 zip code ensures a strategic location within a thriving commercial area. The property's latitude and longitude coordinates are 34.6851552 and -86.7403016 respectively. This flexible space is perfect for businesses needing a combination of warehouse and office space, offering a unique opportunity to tailor the space to specific operational needs. Don't miss this chance to secure a prime location in a rapidly growing area. Inquire today to learn more about this exceptional property and its potential.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1982
Total area 40,000 SF
Lot 7.14 ac (311,018 SF)
APN 16-05-16-0-004-049.000
UPID US03-0824866
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • PSIGEN Software Inc (Bike/Boat/Book/etc) Store Corporate Office
  • Discount Diva Warehouse 2A Warehouse & Storage
  • Industrial Solutions Factory Industrial Manufacturer
  • Black Patch Distilling Co. Brewery & Distillery Bar & Pub
  • Alabama Cabinets Incorporated Hardware & Home Improvement Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$2.13M
Owner & transaction history
Robert B Davis JR. · 8 yrs held
Robert B Davis JR.
since 2018
4 recorded transactions
2018
Price N/A
2013
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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