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Property profile & analytics
FOR LEASE
Turn key restaurants

8883 Madison Blvd Madison, AL 35758

6,180 SF 0.52 ac lot Built 1981
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-0741169
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1981
Total area 6,180 SF
Lot 0.52 ac (22,500 SF)
APN 16-05-21-0-000-053.000
UPID US03-0741169
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$790k
CAP Approach CAP
by Request
Comparable Approach Comparable
$675k
Blend (final) Blend
$765k
Owner & transaction history
Yun Q Li · 7 yrs held
Yun Q Li
since 2018
Last sale
$760,000
2 recorded transactions
2024
Price N/A
2018
$443,350
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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