Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9000 Greenbrier NW Pkwy Madison, AL 35756-4453

    • Warehouses
    • 25,000 SF
    OFF-MARKET
    Value Estimations
    $1,820,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-0297536
    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

    • Warehouses

    Property Details for 9000 Greenbrier NW Pkwy

    Year built
    2020
    Property size
    25,000 SF
    Property type
    Warehouses
    APN
    1702090000001332
    APU
    1702090000001332

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,164,000
      Market price range: $422k - $2.16M
      AI Estimate
      $1,477,000
      Market price range: $480k - $1.48M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,225,000
      Current use
      RETAIL STORES
      $2,815,000
      Change: +130% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Limestone
    State
    Alabama
    Longitude
    -86.8228
    Latitude
    34.6431
    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
    $28,064
    $0.00
    $0.00
    $950,000
    -
    $0.00
    $4,750,000
    $4,750,000

    Comparable in this City

    • Value Estimation by Request
      8,640 SF

      29700 Indian Spgs Rd

      WAREHOUSE, STORAGE • 8,640 SF
      29700 Indian Spgs Rd, Madison, AL 35756-4804
      View Details
    • Value Estimation by Request
      11,130 SF

      1898 County Line Rd

      WAREHOUSE, STORAGE • 11,130 SF
      1898 County Line Rd, Madison, AL 35756-4925
      View Details
    • Value Estimation by Request
      5,000 SF

      7219 Greenbrier Rd

      WAREHOUSE, STORAGE • 5,000 SF
      7219 Greenbrier Rd, Madison, AL 35756-4436
      View Details
    • Value Estimation
      $755,000
      23,000 SF

      25187 Huntsville Brownsferry Rd

      WAREHOUSE, STORAGE • 23,000 SF
      25187 Huntsville Brownsferry Rd, Madison, AL 35756-3601
      View Details
    • Value Estimation by Request
      83,160 SF

      25315 Crk Grace Dr

      Distribution properties • 83,160 SF
      25315 Crk Grace Dr, Madison, AL 35756
      View Details
    • Value Estimation
      $1,200,000
      30,585 SF

      25154 1st Aviation SW Way

      WAREHOUSE, STORAGE • 30,585 SF
      25154 1st Aviation SW Way, Madison, AL 35756-4594
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      25,000 SF

      Madison, AL Industrial Flex Space

      25,000 SF Flex Space - Owner/User
      14000 State Hwy 20, Madison, AL 35756
      View Details
    • Contact for pricing
      342.00 Acres

      Huntsville, AL Commercial Land - 342 Acres

      Prime Huntsville location, 342 acres, I-565 access.
      0 County Line Rd At Old Hwy 20, Madison, AL 35756
      View Details
    • $2,500,000
      4.20 Acres

      4.2 Acres Madison, Alabama

      Unzoned Land - High Growth Area
      30633 Us Highway 72, Madison, AL 35756
      View Details
    • $1,750,000
      6.00 Acres

      Hwy 20 Madison Commercial Land

      Prime Alabama development land, I-565 frontage.
      0 Hwy 20, Madison, AL 35756
      View Details
    • Contact for pricing
      97.00 Acres

      Huntsville Industrial Land for Sale

      Prime Huntsville location, ideal for commercial & industrial development.
      0 Old Highway 20, Madison, AL 35756
      View Details
    • $5,100,000
      130.00 Acres

      Huntsville Industrial Land

      130 Acres, Prime Location, $5.1M
      0 Fanning Dr, Madison, AL 35756
      View Details

    Similar Nearby for Lease

    • $192 SF/Yr
      12,000 SF

      Peoples Road Warehouse Space

      Modern Warehouse Space Available
      0 Peoples Rd, Madison, AL 35756
      View Details
    • $7 SF/Yr
      290,160 SF

      Greenbrier Distribution Center: Phase 1

      Class A Warehouse, 290,160 SF Available
      10121 Greenbrier Pkwy, Madison, AL 35756
      View Details
    • $16,000 /Mo
      24,000 SF

      Madison Commercial Flex Space Available

      24,000 SF flex space with office in Madison, AL.
      7109 Greenbrier Rd, Madison, AL 35756
      View Details
    • Contact for pricing
      385,232 SF

      Huntsville West Industrial Space

      Class A industrial space, prime location.
      26385 Distribution Blvd, Madison, AL 35756
      View Details
    • Contact for pricing
      25,000 SF

      Hwy 20 Office/Warehouse Space

      Single-tenant office & warehouse. Prime Limestone County location.
      14000 State Hwy 20, Madison, AL 35756
      View Details
    • Contact for pricing
      401,000 SF

      Huntsville Warehouse Space Available

      Modern Class A Warehouse, 100,000 SF
      26641 Distribution Blvd, Huntsville, AL 35756
      View Details
    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.
    9000 Greenbrier NW Pkwy
    Madison, AL 35756-4453
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!