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    Property profile & analytics

    8979 Madison Blvd Madison, AL 35758-1744

    • Turn key restaurants
    • 1,581 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Last Sale
    Dec 03, 2020
    $195,000
    Location Intelligence
    Property ID
    US03-0162821
    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

    • Maxx Smoke and Vape / Smoke Shop / Tobacco Shop

    Property Details for 8979 Madison Blvd

    Year built
    1986
    Construction
    MIXED
    Lot size
    0.28 lot acres
    Property size
    1,581 SF
    Property type
    Turn key restaurants
    APN
    16-04-20-4-000-047.000
    APU
    1604204000047000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.7536
    Latitude
    34.6754
    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
    $4,152
    $19,200
    $39,880
    $59,080
    -
    $96,000
    $199,400
    $295,400

    Comparable in this City

    • Value Estimation by Request
      1,725 SF

      210 Main St

      RESTAURANT • 1,725 SF
      210 Main St, Madison, AL 35758-1813
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    • Value Estimation
      $565,000
      6,364 SF

      7640 Hwy 72nd W

      RESTAURANT • 6,364 SF
      7640 Hwy 72nd W, Madison, AL 35758-9556
      View Details
    • Value Estimation
      $545,000
      5,091 SF

      110 Tom Thrasher Ln

      RESTAURANT • 5,091 SF
      110 Tom Thrasher Ln, Madison, AL 35758-8801
      View Details
    • Value Estimation
      $3,025,000
      3,902 SF

      8179 Hwy 72nd W

      RESTAURANT • 3,902 SF
      8179 Hwy 72nd W, Madison, AL 35758-9569
      View Details
    • Value Estimation
      $1,125,000
      8,759 SF

      9016 Madison Blvd

      RESTAURANT • 8,759 SF
      9016 Madison Blvd, Madison, AL 35758-1704
      View Details
    • Value Estimation by Request
      3,818 SF

      8780 Madison Blvd

      RESTAURANT • 3,818 SF
      8780 Madison Blvd, Madison, AL 35758-1898
      View Details

    Similar Nearby for Sale

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      16,039 SF

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      Retail space with pickup window, potential for drive-thru conversion.
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    8979 Madison Blvd
    Madison, AL 35758-1744
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    Realmo Value Estimation

    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.

    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.

    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
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