120 CleghornMadison, AL 35758

  • Turn key restaurants
  • 9,858 SF
Off market
$35,656,900 Estimated

Property Details for 120 Cleghorn

Year built
1995
Lot size
3.56 AC
Property size (Sq ft)
9,858 SF
Property type
Turn key restaurants
APN
16-04-20-4-000-040.004
APU
1604204000040004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,408,640
    6.5%
    $2,223,360
    7%
    $2,064,550
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,670,000
    Geo Method
    $1,999,820
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $4,361,330
    Mixed-Use / Specialty
    $2,205,100
    Hospitality / Lodging
    $1,604,360
    Office
    $2,181,240
    Institutional / Educational
    $2,288,720
    Residential Income
    $2,677,810
    Multifamily
    $3,268,890
    Automotive / Energy
    $1,961,760
    Parking / Income-Based Land
    $687,188
    Restaurant / Food Service
    $1,124,840
    Healthcare / Senior Housing
    $2,271,890

Location Insight

City
Madison
County
Madison
State
Alabama
Latitude
34.6711
Longitude
-86.7539
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
$26,666
$141,080
$238,140
$379,220
-
$705,400
$1,190,700
$1,896,100

Property Visit Statistics

  • Visits by month
    27.4k
  • Visitors by month
    21.6k
  • Avg Time on site
    58 min

FAQs

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