Technical
Financial
Distress signals
Property profile

8059 Highway 72 W Madison, AL 35758

FOR SALE
Investment properties
Property ID
US03-0501778
14,300 SF 1.76 ac lot Built 1995
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1995
Construction MIXED
Total area 14,300 SF
Lot 1.76 ac (76,753 SF)
APN 15-09-29-0-001-069.005
UPID US03-0501778

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility Factory
  • Furniture & Home Goods Home Decor Store

Location

8059 Highway 72 W Madison, AL 35758
Madison metro Census 11023 HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.84M
CAP Approach CAP
$2.66M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.96M

Owner & transaction history

since 2021
Last sale
$2.4M
5 recorded transactions
2021
$2.4M
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $3.2M +3.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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