Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    8144 S County Road 53 Madison, FL 32340

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8144 S County Road 53 Madison, FL 32340

    View on Map
    • Bars & Pubs
    • 2,724 SF
    • 1.01 lot acres
    For Sale
    $235,000
    View Listing →
    Turnkey Bar and Grill Business For Sale
    $235,000
    1.01 Acres

    Turnkey Bar and Grill Business

    Thriving bar and grill with licenses and equipment included.

    8144 S CR 53, Madison, FL 32340
    View Listing
    Property ID
    US18-4840362
    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

    • Rockin' Wheels / Bar & Pub

    Property Details for 8144 S County Road 53

    Year built
    1972
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.01 lot acres
    Property size
    2,724 SF
    Property type
    Bars & Pubs
    APN
    29-1S-10-1336-003-000
    APU
    291S101336003000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Florida
    Longitude
    -83.3456
    Latitude
    30.3765

    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
    $1,774
    $8,080
    $99,820
    $107,900
    -
    $8,080
    $99,820
    $107,900

    Comparable in this City

    • Value Estimation by Request
      2,592 SF

      4383 Cherry Lk Cir

      NIGHTCLUB (COCKTAIL LOUNGE) • 2,592 SF
      4383 Cherry Lk Cir, Madison, FL 32340-3427
      View Details
    • Value Estimation by Request
      1,551 SF

      860 Pete Mobley Ave

      RESTAURANT • 1,551 SF
      860 Pete Mobley Ave, Madison, FL 32340-1116
      View Details
    • Value Estimation
      $1,975,000
      2,464 SF

      801 Base St

      RESTAURANT • 2,464 SF
      801 Base St, Madison, FL 32340-1405
      View Details
    • Value Estimation by Request
      3,954 SF

      466 Base St

      RESTAURANT • 3,954 SF
      466 Base St, Madison, FL 32340-2768
      View Details
    • Value Estimation by Request
      3,243 SF

      683 Base St

      RESTAURANT • 3,243 SF
      683 Base St, Madison, FL 32340-1462
      View Details
    • Value Estimation by Request
      1,288 SF

      304 Valentine Ave

      RESTAURANT • 1,288 SF
      304 Valentine Ave, Madison, FL 32340-1700
      View Details

    Similar Nearby for Sale

    • New
      $235,000
      1.01 Acres

      Turnkey Bar and Grill Business

      Thriving bar and grill with licenses and equipment included.
      8144 S County Road 53, Madison, FL 32340
      View Details
    • $525,000
      4,150 SF

      Turnkey Restaurant Property in Madison, FL

      Fully equipped restaurant with highway frontage and flexible future use.
      5806 NE Colin Kelly Hwy, Madison, FL 32340
      View Details
    • $145,000
      11,381 SF

      Downtown Madison Two-Story Commercial Building

      Two-story commercial building in downtown Madison, Florida, with development potential.
      179 E Base St, Madison, FL 32340
      View Details
    • $215,000

      Commercial Lot in Prime Location

      Cleared commercial lot with existing ice house and utilities.
      120 SE Hancock Ave, Madison, FL 32340
      View Details
    • $550,000
      11,875 SF

      Established Auto Mechanic Shop For Sale

      Turn-key auto mechanic shop with real estate and equipment.
      115 SW Bunker St, Madison, FL 32340
      View Details
    • Contact for pricing
      1,390 SF

      Highway Frontage Commercial Property

      1.9+ acre commercial property with highway frontage in Madison County.
      998 E Us Highway 90, Madison, FL 32340
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Medical Office Space Available

      Medical office space available for rent with multiple exam rooms.
      289 SW Range Ave, Madison, FL 32340
      View Details
    • $17 SF/Yr
      15,255 SF

      Medical Office Space Available

      Medical office space for lease in downtown Madison, Florida.
      289 SW Range Ave, Madison, FL 32340
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8144 S County Road 53
    Madison, FL 32340
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    8144 S County Road 53, Madison, FL, 32340

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!