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    Property profile & analytics

    503 Genoa Way Madison, FL 32340

    • Commercial real estate
    • 31.59 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-5302776
    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

    • Commercial real estate

    Property Details for 503 Genoa Way

    Lot size
    31.59 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 31.59-acre commercial property in Madison County, Florida, boasts unparalleled highway visibility and accessibility. Located directly off I-10 exit 258, this Highway Interchange-zoned land offers two convenient points of entry and exit, maximizing exposure and ease of access. The property features a picturesque pond ideal for fishing and kayaking, adding recreational appeal and potential development opportunities. Existing improvements include storage sheds and a well, providing immediate utility. The site has received conditional approval for an RV resort, showcasing its potential for a thriving tourism-based venture. With over 1900 feet of I-10 frontage, this property offers exceptional visibility to a high volume of daily traffic. This versatile land presents a unique opportunity for various commercial developments, recreational uses, or a combination thereof. The existing infrastructure, including the pond, sheds, and well, significantly reduces initial development costs. The property's location and zoning make it an attractive investment for entrepreneurs seeking high-traffic exposure and a tranquil setting. Additional acreage may be available. Asking price is $1,200,000.

    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
    -83.363868
    Latitude
    30.398188

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    • Contact for pricing
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    503 Genoa Way
    Madison, FL 32340
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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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