5531 Promenade Pt Pkwy Madison, AL 35758-6701
Property profile & analytics
5531 Promenade Pt Pkwy, Madison, AL 35758-6701
- Retail space
- 18,474 SF
- 3.51 lot acres
Property ID
US03-0002145
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
- Tractor Supply Co / (Bike/Boat/Book/etc) Store / Pet Store
Property Details for 5531 Promenade Pt Pkwy
- Year built
- 2019
- Lot size
- 3.51 lot acres
- Property type
- Retail space
- APN
- 15-09-30-1-000-068.016
- APU
- 1509301000068016
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 29, 2021 | $4,275,000 | Mdg Madison LLC | Bt Huntsville Associated LLC | Warranty Deed | $2.1M · First Fidelity Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,385,000
- ML approach
- $5,195,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,765,000
- 6.5%
- $3,475,000
- 7%
- $3,225,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,927,000
Market price range: $1.42M - $4.58M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,790,000 Current use
- OFFICE BUILDING
- $4,125,000 Change: +48% Conversion: Easy
- COMMERCIAL (GENERAL)
- $3,970,000 Change: +42% Conversion: Easy
- MEDICAL BUILDING
- $3,840,000 Change: +38% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Alabama
- Longitude
- -86.7763
- Latitude
- 34.7507
- 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
$33,380
$190,500
$385,020
$575,520
-
$952,500
$1,925,100
$2,877,600
