15091 Al Highway 20Madison, AL 35756

Property Details for 15091 Al Highway 20

Lot size

2.95 AC

Property type

Commercial land

APN

1802040000001014

APU

1802040000001014

Description

This exceptional Class A industrial property, situated on 8.75 acres in Madison, Alabama, offers 59,000 square feet of space, including 32,190 square feet of net rentable area. The single-story building, constructed in 2001, features 22-foot ceiling heights, three dock-high doors, and two loading docks. Approximately 8,000 square feet is dedicated to office space. Currently 50% occupied by Auburn University under a multi-tenant net lease agreement commencing August 1, 2024, with a 3% annual rent bump. The property boasts significant visibility from Interstate 565 and includes approximately one acre of concrete yard space. The building is equipped with LED lighting, a wet system sprinkler, and a 3-phase, 480V, 2000 AMP electrical service. The entire facility is air-conditioned. The property is for sale by owner and offers potential for expansion on the available land. The property is located at 15091 AL Hwy 20, Madison, AL 35756. Landlord will consider offers. Lease rate is $10.50 per square foot.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $56,851,300

  Retail / Commercial

  $28,982,200

  Mixed-Use / Specialty

  $28,744,200

  Hospitality / Lodging

  $20,913,300

  Office

  $28,433,100

  Institutional / Educational

  $29,834,200

  Residential Income

  $34,906,000

  Multifamily

  $42,611,000

  Automotive / Energy

  $25,572,200

  Parking / Income-Based Land

  $8,957,700

  Restaurant / Food Service

  $14,662,700

  Healthcare / Senior Housing

  $29,614,700

Location Insight

City

Madison

County

Limestone

State

Alabama

Latitude

34.6366

Longitude

-86.8494

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].