111 Research Blvd is a 22,904 square foot condo. - it last sold on May 14, 2024 for $2,300,000. Based on Redfin's Madison data, we estimate the home's value is $1,304,462.
CondoProperty Type
2003Year Built
$57Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$1,304,462
$996K since sold in May 2024$88K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 358% higher than the average sale price ($285K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
M-1
Restricted Industrial District
The M-1 District is intended to provide an environment exclusively for, and conducive to, the development and protection of office buildings, research facilities, specialized manufacturing plants, wholesale and warehouse activities that are conducted so the noise, odor, smoke, dust, vibration, heat, and glare of each operation is completely confined within an enclosed building. It is the intent of this District that the processing of ram materials for shipment in bulk form, to be used in an industrial operation at another location shall not be permitted.
Permitted uses
Include but are not limited to:
Restaurant
Manufacturing
Processing
Warehouse
Infrastructure
Hotel / motel
Office
Research & development
Property details
Interior
Heating & Cooling
Heating Type: Forced Hot Water
Exterior
Exterior Information
Physical Condition: Average
Building Construction Quality: Average
Exterior Wall: Concrete/Dryvit
Roof Covering Type: Built Up Tar and Gravel
Roof Shape Type: Bar Joist and Rigid Frame
Building Type: Office
Property Information
Subdivision Name: MARY MARGARET LANIER FROST LAN DS
Living Sq. Ft: 22,904
Adjusted Gross Sq. Ft: 23,119
Ground Floor Sq. Ft: 22,904
# of Stories: 1
Stories Type: 1
Legal Description: TR 1-A MADISON RESEARCH CONDOMIMIUM INC PB# 2019-37775
Lot Information
# of Buildings: 1
Land Sq. Ft: 158,994
Municipality Name: MADISON
Acres: 3.65
County Use Description: OFFICE
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: —
Sq. Ft.: 22,904
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 2003
Year Renovated: —
County: Madison County
APN: 16-05-15-0-000-084.000.CONDO
Home facts updated by county records on Sep 23, 2026
Around this home
Schools
Madison Elementary School
Public K-5 • Assigned • 1.4mi
10/10
Journey Middle School
Public 6-8 • Assigned • 1.1mi
10/10
Bob Jones High School
Public 9-12 • Assigned • 2.3mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Madison, AL • 35758
Average low and high temperatures (°F)
48
28
59
37
71
47
77
55
78
61
87
68
90
73
86
69
85
64
76
54
65
46
54
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.24M – $1.50M
Reach more buyers when you sell with Redfin. Save up to $13,045 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.