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1040 Research Blvd; Madison, AL Property Details

1040 Research Blvd, Madison, AL is a Office Bldg (General) that was built in 2011. This property is currently Financed and is not for sale. Our records show that 1040 Research Blvd has a total of 33,728 square feet. The lot size of 1040 Research Blvd is 1,404,374 square feet.

Off market
1040 Research Blvd Madison, AL 35758
$1,281,220 Estimated Value
33,728 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2011
  • Purchase Price: $8,650,000
  • Open Loans / Balance: 1 / $6,900,000
  • APN: 16-05-15-0-000-085.000
  • Situs County: Madison

Structure

  • Building Style: Wood
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Roof Type: Rigid Frame Bar Jt
  • Roof Cover Type: Built-up

Measurements

  • Total: 33,728/SqFt
  • Lot: 1,404,374/SqFt
  • Gross: 33,728/SqFt
  • Living: 33,728/SqFt
  • Building: 33,728/SqFt
  • Ground: 33,728/SqFt
  • Price Per Square Foot: $256.46

Legal Description

  • Description: LOT 1 MADISON RESEARCH PARK WEST PB # 20090113000018790
Building Insights

Land Information

  • Property Type: Office Bldg (General)
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Madison City School District
  • Lat / Lon: 34.688988 / -86.73031
  • Subdivision: Madison Research Park West
  • Property Class: Office
  • County Use Code: 610

Amenities

  • Plus Four: 2069
  • Cooling: Yes
  • Heating: Forced air unit

Ownership Info

1040 Research Blvd has no associated ownership info
1040 Research Blvd has no associated ownership info.

Taxes

1040 Research Blvd has 10 associated Taxes items

1040 Research Blvd, Madison, AL pays taxes in Madison County, AL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,281,220. The APN we've located for 1040 Research Blvd is 16-05-15-0-000-085.000.

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Taxes
  • Assessed Value:  $1,281,220
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-05-15-0-000-085.000
  • Assessed Land Value:  297720
  • Market Land Value:  1488600
  • Tax Amount:  90089.11
  • Tax Year:  2025
  • Market Value:  6406100
  • Market Year:  2025

Tax History

1040 Research Blvd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,281,220 Land Value $297,720 Improvement Value $983,500 Tax Amount $90,089.11 Change Rate +0.078498% Assessed CR Tax Rate +0.070315%
Year 2024 Assessed Value $1,201,900 Land Value $297,720 Improvement Value $904,180 Tax Amount $83,532.05 Change Rate -0.012348% Assessed CR Tax Rate +0.0695%
Year 2023 Assessed Value $1,201,900 Land Value $297,720 Improvement Value $904,180 Tax Amount $84,576.37 Change Rate +0.067174% Assessed CR Tax Rate +0.070369%
Year 2022 Assessed Value $1,125,300 Land Value $297,720 Improvement Value $827,580 Tax Amount $79,252.67 Change Rate +0.124154% Assessed CR Tax Rate +0.070428%
Year 2021 Assessed Value $999,360 Land Value $297,720 Improvement Value $701,640 Tax Amount $70,499.84 Change Rate +0.069389% Assessed CR Tax Rate +0.070545%
Year 2020 Assessed Value $933,540 Land Value $297,720 Improvement Value $635,820 Tax Amount $65,925.35 Change Rate +0.252294% Assessed CR Tax Rate +0.070619%
Year 2019 Assessed Value $897,380 Land Value $297,720 Improvement Value $599,660 Tax Amount $52,643.67 Change Rate +0.008482% Assessed CR Tax Rate +0.058664%
Year 2018 Assessed Value $889,680 Land Value Improvement Value Tax Amount $52,200.92 Change Rate -0.017191% Assessed CR Tax Rate +0.058674%
Year 2017 Assessed Value $905,560 Land Value Improvement Value Tax Amount $53,114.02 Change Rate Assessed CR Tax Rate +0.058653%
Year 2016 Assessed Value $905,560 Land Value Improvement Value Tax Amount $53,114.02 Change Rate Assessed CR Tax Rate +0.058653%
Year 2015 Assessed Value $905,560 Land Value Improvement Value Tax Amount $53,114.02 Change Rate -0.279187% Assessed CR Tax Rate +0.058653%
Year 2014 Assessed Value $1,281,500 Land Value Improvement Value Tax Amount $73,686.25 Change Rate Assessed CR Tax Rate +0.0575%