6160 State Rd 53Madison, FL 32340

  • Hospitality properties
  • 12,540 SF
Off market

Property Details for 6160 State Rd 53

Year built
1990
Construction
STEEL FRAME
Lot size
5.31 AC
Property size (Sq ft)
12,540 SF
Property type
Hospitality properties
Property subtype
Motels
APN
18-1S-10-1271-004-003
APU
181S101271004003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,699,536
    6.5%
    $2,491,880
    7%
    $2,313,888
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,094,951
    Geo Method
    $2,094,951
  • Alternative Use

    Use
    Valuation
    Residential
    $2,720,408
    Hospitality
    $2,491,880
    Educational
    $2,073,214
    Medical
    $2,144,516
    Retail
    $3,225,000
6160 State Rd 53, Madison, Florida

Location Insight

City
Madison
County
Madison
State
Florida
Latitude
30.4006
Longitude
-83.3613

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
$37,427
$477,900
$1,812,969
$2,290,869
-
$477,900
$1,812,969
$2,290,869

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