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Retail Pad for Redevelopment 2007 Hughes Rd 2,772 SF Retail Building Madison, AL 35758 $2,500,000 ($901.88/SF)
INVESTMENT HIGHLIGHTS
- Shadow Anchored by Home Depot
- High Average Household Income of $139,000
- Less than a Mile from 550-acre Mixed-Use Development
- Traffic Count 44,900 VPD on 72 and 14,200 on Hughes Rd
EXECUTIVE SUMMARY
This property offers an exceptional redevelopment opportunity along Highway 72, a high-traffic corridor surrounded by national retailers and located directly in front of Home Depot.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,772 SF
Building Class
B
Year Built
2004
Price
$2,500,000
Price Per SF
$901.88
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.15 AC
Zoning
C-4 - Highway Business District
Parking
28 Spaces (10.1 Spaces per 1,000 SF Leased)
Frontage
81’ on Hughes Rd
AMENITIES
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 15-08-28-1-001-014.000 | Improvements Assessment | $124,480 |
| Land Assessment | $148,620 | Total Assessment | $273,100 |
PROPERTY TAXES
Parcel Number
15-08-28-1-001-014.000
Land Assessment
$148,620
Improvements Assessment
$124,480
Total Assessment
$273,100
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Retail Pad for Redevelopment | 2007 Hughes Rd
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