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Property profile & analytics
FOR LEASE
Strip malls

8331 Madison Blvd Madison, AL 35758

21,664 SF 2.66 ac lot Built 2009
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US03-0955820
Property summary
AI-generated overview

This exceptional medical office space, totaling approximately 3,914 square feet, is available for lease within the Beacon Ridge Professional Center in Madison, Alabama. Located at 8331 Madison Boulevard, zip code 35758, this property offers a strategic location between Town Madison, Cummings Research Park, and Downtown Madison City, providing convenient access to Huntsville via I-565. The building, constructed in 2009, is a two-story structure with a total of 23,443 square feet. This listing represents a portion of the available space within a multi-tenant building situated on a 2.66-acre lot. The property's proximity to major retail areas, established medical districts, and Huntsville's largest office submarket makes it an ideal location for medical practices seeking high visibility and accessibility. The space is classified as medical office space and is ready for immediate occupancy. The building offers a professional and efficient environment for tenants, enhancing their operational efficiency and overall value. This is a rare opportunity to secure prime medical office space in a thriving Alabama community.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2009
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 21,664 SF
Lot 2.66 ac (115,870 SF)
APN 16-05-15-0-000-042.003
UPID US03-0955820
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hot Yoga of Madison Gym & Fitness Center
  • Blue Ink Closing and Title, LLC Law Firm
  • Stephen Williams - LifeCourse Capital Inc. Financial Advisor
  • Katelyn Anderson Zimmer Physician Medical Clinic
  • Fulcrum Counseling and Supervision, LLC Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.77M
CAP Approach CAP
$4.66M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.99M
Owner & transaction history
8331 Madison Partners LLC · 2 yrs held
8331 Madison Partners LLC
since 2023
Last sale
$5.2M
5 recorded transactions
2023
$5.2M
2023
Price N/A
2021
Price N/A
2019
$3.3M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.9M +486.4%
Auto repair, garage $4.2M +397.8%
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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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