97 Hughes Rd Madison, AL 35758
- Strip malls
- 31,344 SF
- 3.67 lot acres
Current Use by Public Records
- Pediatric Therapy Link of North Alabama, LLC / Occupational Therapist
- Melissa M. Yarbrough, OTR / Occupational Therapist / Physical Therapist
- Congo Joseph B / Physical Therapist
- Walters Tammy / Physical Therapist
- Church of Christ / Church Of Christ
Property Details for 97 Hughes Rd
- Year built
- 2005
- Lot size
- 3.67 lot acres
- Property size
- 31,344 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 16-05-16-0-001-001.006
- APU
- 1605160001001006
Description
Madison Market, located at 97 Hughes Rd in Madison, Alabama (zip code 35758), offers exceptional retail opportunities in a thriving community. This multiple-tenancy retail center boasts excellent visibility and accessibility, situated directly off a major thoroughfare in Madison County. Two spaces are currently available, ranging in size from 950 square feet to 9,200 square feet, providing flexibility for various retail concepts. The center enjoys a strong tenant mix, including established businesses such as hair and nail salons, a pediatric medical practice, a daycare center, and a gift shop, creating a vibrant and diverse retail environment. Its convenient location near historic Downtown Madison offers easy access to a substantial customer base. Furthermore, the property's proximity to the Town Madison development and Toyota Field provides additional exposure to a large population of residents and visitors. This prime retail location presents a unique opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area of Alabama. The property's strategic placement ensures significant foot traffic and convenient access for customers. The existing tenant mix provides a synergistic environment, attracting a diverse range of shoppers. This is an ideal location for businesses looking to establish a strong presence in a thriving community with excellent growth potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $825,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $785,000
- 6.5%
- $875,000
- 7%
- $915,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $730,000
- Geo Method
- $885,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $700,000
- Retail
- $895,000
- Mixed-Use
- $845,000
- Hospitality
- $745,000
- Educational
- $765,000
- Residential Income
- $720,000
- Energy
- $890,000
- Income-Based Land
- $710,000
- Food Service
- $940,000
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Alabama
- Longitude
- -86.7403
- Latitude
- 34.6986
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA
