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Property profile & analytics

8883 Lime Quarry Rd Madison, AL 35758

  • Turn key restaurants
  • 6,180 SF
  • 0.52 lot acres
For Sale
Last Sale
Jun 12, 2023
$760,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US03-0741169
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.

Current Use by Public Records

  • Turn key restaurants

Property Details for 8883 Lime Quarry Rd

Year built
1981
Lot size
0.52 lot acres
Property size
6,180 SF
Property type
Turn key restaurants
APN
16-05-21-0-000-053.000
APU
1605210000053000

Description

Madison Plaza offers a prime retail, office, and restaurant opportunity in a rapidly growing area of Huntsville/Madison, Madison County. This single-story, 6,000 square foot building, renovated in 2023, boasts a highly visible location at the intersection of Madison Boulevard and Wall Triana Highway, experiencing approximately 45,000 vehicles daily. The property features ample surface parking with 45 spaces, catering to both tenants and customers. The building is zoned for retail use and comprises four suites, with a minimum divisible space of 1,800 square feet and a maximum contiguous space of 6,000 square feet; the entire 6,000 square feet is currently vacant. Built in 2001 on 0.8 acres, this property benefits from its proximity to approximately 5,000 new multi-family units within a three-mile radius, ensuring a strong customer base. The property is ideal for a variety of uses, including traditional office, medical office, and retail businesses seeking high visibility and convenient access. This is a rare opportunity to secure a significant presence in a thriving commercial corridor.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $750,000
    ML approach
    $790,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $674,000
    Market price range: $675k - $2.22M

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


Location Insight

  • Map
  • Local Demand
City
Madison
County
Madison
State
Alabama
Longitude
-86.7501
Latitude
34.6765
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
$7,248
$36,000
$67,200
$103,200
-
$180,000
$336,000
$516,000
More about this property
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