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Property profile & analytics
FOR LEASE
Strip malls

97 Hughes Rd Madison, AL 35758

31,344 SF 3.67 ac lot Built 2005
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-0696408
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 31,344 SF
Lot 3.67 ac (159,865 SF)
APN 16-05-16-0-001-001.006
UPID US03-0696408
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
Current use
Occupant on record · Public records
  • Pediatric Therapy Link of North Alabama, LLC Physician
  • Melissa M. Yarbrough, OTR Physician
  • Congo Joseph B Physician
  • Walters Tammy Physician
  • Church of Christ Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$825k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$965k
Owner & transaction history
Auboys LLC · 13 yrs held
Auboys LLC
since 2012
3 recorded transactions
2012
Price N/A
2007
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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