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    7109 Greenbrier Rd Madison, AL 35756
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    Property profile & analytics

    7109 Greenbrier Rd, Madison, AL 35756

    View on Map
    • Warehouses
    • 24,000 SF
    • 1.93 lot acres
    For Lease
    $16,000/Mo
    View Listing →
    Madison Commercial Flex Space Available For Lease
    $16,000/Mo
    24,000 SF

    Madison Commercial Flex Space Available

    24,000 SF flex space with office in Madison, AL.

    7109 Greenbrier Road, Madison, AL 35756
    View Listing
    Property ID
    US03-0150723
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 7109 Greenbrier Rd

    Year built
    2008
    Lot size
    1.93 lot acres
    Property type
    Warehouses
    APN
    1708280000023003
    APU
    1708280000023003

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $876,000
      Market price range: $405k - $2.08M
      AI Estimate
      $580,000
      Market price range: $461k - $1.42M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,175,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Limestone
    State
    Alabama
    Longitude
    -86.8444
    Latitude
    34.6577
    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
    $7,925
    $0.00
    $0.00
    $260,300
    -
    $40,600
    $1,260,900
    $1,301,500

    Comparable in this City

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      Peoples Rd

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      7243 Greenbrier Rd

      WAREHOUSE, STORAGE
      7243 Greenbrier Rd, Madison, AL 35756-4436
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    • Value Estimation by Request
      2,200,000 SF

      7700 Gunters Way

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    • Value Estimation
      $15,865,000
      217,800 SF

      9000 Greenbrier NW Pkwy, Unit 780

      WAREHOUSE, STORAGE
      9000 Greenbrier NW Pkwy, Madison, AL 35756-4455
      View Details

    Similar Nearby for Sale

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      25,523 SF

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      25,523 SF mixed-use building with office and warehouse space.
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      Development Land I-565 Frontage

      Prime development land suitable for warehouse, dealership, or industrial sales.
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      17,755 SF

      West Madison Multi-Tenant Office Space

      Multi-tenant office space in West Madison, near Huntsville Airport.
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    • $6,000,000

      Highway 72 Land For Sale

      Land available on Highway 72 in Limestone County.
      30234 Highway 72, Huntsville, AL 35756
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    • $15,000,000
      96.88 Acres

      97 Acres in Growing Area

      97 acres in a growing area with development flexibility.
      97 Acres Old Hwy 20, Huntsville, AL 35756
      View Details
    • $1,700,000
      10.17 Acres

      Undeveloped Land in Growing Area

      10.17 acres suitable for multi-family or mixed-use development.
      10.17 Acres Burgreen Rd, Madison, AL 35756
      View Details

    Similar Nearby for Lease

    • $16,000 /Mo
      24,000 SF

      Madison Commercial Flex Space Available

      24,000 SF flex space with office in Madison, AL.
      7109 Greenbrier Rd, Madison, AL 35756
      View Details
    • Contact for pricing

      Madison Office Warehouse with Yard

      Office warehouse for lease with excellent I-565 access.
      29599 Old Highway 20, Madison, AL 35756
      View Details
    • Contact for pricing

      End-Cap Flex Space Available

      Flex space with excellent I-565 accessibility in Greenbrier area.
      26670 Success Dr, Madison, AL 35756
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    • $7 SF/Yr
      225,680 SF

      Class A Industrial Space

      First generation industrial space with convenient interstate access.
      10121 Greenbrier Pkwy, Madison, AL 35756
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    • Contact for pricing
      25,000 SF

      Hwy 20 Office/Warehouse Space

      Single-tenant office & warehouse. Prime Limestone County location.
      14000 State Hwy 20, Madison, AL 35756
      View Details
    View Listing
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    Madison, AL 35756
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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