540 Hughes Rd Madison, AL 35758-8999
Property Lookup
Property profile & analytics
540 Hughes Rd Madison, AL 35758-8999
- Medical Office Space
- 24,946 SF
- 2.42 lot acres
Property ID
US03-3154780
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.
Location Intelligence
Current Use by Public Records
- TheresaKuhn / Alternative Medicine Practice
- Edward Jones - Financial Advisor: Brad Wallace, CFP® / Financial Advisor
- Natures Way Chiropractic / Alternative Medicine Practice
- Zaunklay Finnila / Medical Clinic
- Julie Lindner / Counselor / Psychologist
Property Details for 540 Hughes Rd
- Year built
- 1990
- Construction
- WOOD
- Lot size
- 2.42 lot acres
- Property size
- 24,946 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 16-02-09-2-000-063.004
- APU
- 1602092000063004
Description
This exceptional 24,946 square foot medical office building, constructed in 2009, is strategically located at 540 Hughes Rd, Madison, AL 35758. The property boasts a prime commercial zoning designation and features ample parking with 128 spaces available for tenants and visitors. Currently, there is 1,621 square feet of vacant space available for lease, ideal for a variety of medical or traditional office uses. The building's multiple tenancy structure offers flexibility and potential for diverse occupancy. The property's location in Madison, Alabama, provides convenient access to major transportation routes and a thriving community. The building's modern design and ample parking make it an attractive option for medical professionals and businesses seeking a well-maintained and functional workspace. The property's APN is 16-02-09-2-000-063.004. This is a fantastic opportunity to secure space in a high-demand area. The available space presents a unique chance to establish or expand a medical practice or office operation within a well-established and reputable building. Interested parties are encouraged to inquire about lease terms and availability.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,585,000
- ML approach
- $4,465,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,390,000
- 6.5%
- $4,975,000
- 7%
- $4,620,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,129,000
Market price range: $4.13M - $6.86M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $5,190,000 Current use
- OFFICE BUILDING
- $5,570,000 Change: +7% Conversion: Easy
- COMMERCIAL (GENERAL)
- $5,365,000 Change: +3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Alabama
- Longitude
- -86.7426
- Latitude
- 34.7108
- 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
$34,701
$106,680
$388,760
$495,440
-
$533,400
$1,943,800
$2,477,200
