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505 Production Ave; Madison, AL Property Details

505 Production Ave, Madison, AL is a Manufacturing (Light) that was built in 2006. This property is currently Financed and is not for sale. Our records show that 505 Production Ave has a total of 43,146 square feet. The lot size of 505 Production Ave is 210,395 square feet.

Off market
505 Production Ave Madison, AL 35758
$906,260 Estimated Value
43,146 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2006
  • Purchase Price: $5,750,000
  • Open Loans / Balance: 1 / $2,462,911
  • APN: 16-04-19-0-000-006.000
  • Situs County: Madison
  • Length Of Ownership: 1 year, 1 months

Structure

  • Stories: 1
  • Exterior Wall Type: Tilt-up (pre-cast concrete)
  • Interior Wall Type: Unfinished
  • Building Condition: Good
  • Roof Type: Rigid Frame Bar Jt
  • Roof Cover Type: Urethane

Measurements

  • Total: 43,146/SqFt
  • Lot: 210,395/SqFt
  • Gross: 43,146/SqFt
  • Living: 43,146/SqFt
  • Building: 43,146/SqFt
  • Ground: 43,146/SqFt
  • Price Per Square Foot: $133.27

Legal Description

  • Description: LOT 2 BLK 4 PUTMANS INDUSTRIAL PARK 2ND ADD, PH I OF PB 23 PG 61
Building Insights

Land Information

  • Property Type: Manufacturing (light)
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison City School District
  • Lat / Lon: 34.671238 / -86.78222
  • Subdivision: Putmans Industrial Park 2nd
  • Property Class: Industrial
  • County Use Code: 200

Amenities

  • Plus Four: 8993
  • Cooling: Yes
  • Heating: Forced air unit

Ownership Info

505 Production Ave has no associated ownership info
505 Production Ave has no associated ownership info.

Taxes

505 Production Ave has 10 associated Taxes items

505 Production Ave, 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 $906,260. The APN we've located for 505 Production Ave is 16-04-19-0-000-006.000.

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Taxes
  • Assessed Value:  $906,260
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-04-19-0-000-006.000
  • Assessed Land Value:  75340
  • Market Land Value:  376700
  • Tax Amount:  63428.73
  • Tax Year:  2025
  • Market Value:  4531300
  • Market Year:  2025

Tax History

505 Production Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $906,260 Land Value $75,340 Improvement Value $830,920 Tax Amount $63,428.73 Change Rate +0.021174% Assessed CR Tax Rate +0.06999%
Year 2024 Assessed Value $893,720 Land Value $62,800 Improvement Value $830,920 Tax Amount $62,113.54 Change Rate -0.007092% Assessed CR Tax Rate +0.0695%
Year 2023 Assessed Value $893,720 Land Value $62,800 Improvement Value $830,920 Tax Amount $62,557.2 Change Rate +0.167626% Assessed CR Tax Rate +0.069996%
Year 2022 Assessed Value $764,500 Land Value $62,800 Improvement Value $701,700 Tax Amount $53,576.41 Change Rate Assessed CR Tax Rate +0.07008%
Year 2021 Assessed Value $764,500 Land Value $62,800 Improvement Value $701,700 Tax Amount $53,576.41 Change Rate +0.011521% Assessed CR Tax Rate +0.07008%
Year 2020 Assessed Value $755,720 Land Value $62,800 Improvement Value $692,920 Tax Amount $52,966.2 Change Rate +0.315037% Assessed CR Tax Rate +0.070087%
Year 2019 Assessed Value $692,760 Land Value $62,800 Improvement Value $629,960 Tax Amount $40,277.36 Change Rate +0.046274% Assessed CR Tax Rate +0.05814%
Year 2018 Assessed Value $661,780 Land Value Improvement Value Tax Amount $38,496.01 Change Rate Assessed CR Tax Rate +0.05817%
Year 2017 Assessed Value $661,780 Land Value Improvement Value Tax Amount $38,496.01 Change Rate Assessed CR Tax Rate +0.05817%
Year 2016 Assessed Value $661,780 Land Value Improvement Value Tax Amount $38,496.01 Change Rate Assessed CR Tax Rate +0.05817%
Year 2015 Assessed Value $661,780 Land Value Improvement Value Tax Amount $38,496.01 Change Rate -0.009944% Assessed CR Tax Rate +0.05817%
Year 2014 Assessed Value $676,220 Land Value Improvement Value Tax Amount $38,882.65 Change Rate Assessed CR Tax Rate +0.0575%