8059 Alabama Hwy 72 Madison, AL 35758
Property profile & analytics
8059 Alabama Hwy 72 Madison, AL 35758
- Investment properties
- 14,300 SF
- 1.76 lot acres
Property ID
US03-0501778
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
- Kingston Casual / Production Facility / Factory
- The Furniture Source! / Furniture & Home Goods / Home Decor Store
Property Details for 8059 Alabama Hwy 72
- Year built
- 1995
- Construction
- MIXED
- Lot size
- 1.76 lot acres
- Property size
- 14,300 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 15-09-29-0-001-069.005
- APU
- 1509290001069005
Description
This exceptional 14,600-square-foot storefront, located at 8059 Hwy 72 W in Madison, Alabama (35758), presents a significant investment opportunity. The property, built in 1995 and extensively renovated in 2022, sits on a 1.76-acre lot and boasts excellent road frontage on Hwy 72, placing it in the heart of Madison's vibrant retail corridor. Currently vacant, this single-story building offers a spacious open sales floor, along with dedicated office and warehouse/storage areas, ensuring ample space for diverse business needs. Ample parking is available for customers and employees. The property is zoned for retail/mixed use (500) and includes significant air rights (77,536 sq ft). The asking price is $3,200,000, translating to $219.18 per square foot. This owner/user opportunity is ideal for businesses seeking a prominent location with substantial space and high visibility in a thriving Alabama market. The property's APN is 15-09-29-0-001-069.005. This is a corporate-owned property.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,960,000
- ML approach
- $2,835,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,880,000
- 6.5%
- $2,655,000
- 7%
- $2,465,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,075,000 Current use
- OFFICE BUILDING
- $3,195,000 Change: +4% Conversion: Easy
- MEDICAL BUILDING
- $2,975,000 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
- -86.7515
- Latitude
- 34.7512
- 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
$24,439
$156,600
$192,940
$349,540
-
$783,000
$964,700
$1,747,700
