427 S 4th Street, Gadsden, AL 35901
SINGLE_FAMILY - Gadsden, AL
- Added:
- May 5, 2026
- Days on Market:
- 65
- Last Refresh:
- Jul 8 at 12:06 pm
Property Features for 427 S 4th Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 1
- Standard status
- Active
- Size
- 2,574 SF
- Lot size
- 0.33 Acres
Utilities
- Sewer type
- Private Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Tile
- Roof type
- Metal
Listing agent Wesley Sutton License #78909 (256) 504-7665
Listing office Corporate South Realty,Inc 2727 Rainbow Dr, AL (256) 543-1292
Listing date May 5, 2026
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HighLights
- Prime Downtown location on high‑visibility STH 4TH ST near Riverview Regional Medical Center.
- Duplex‑style medical office layout suitable for multiple practices or tenants.
- Ample parking available.
- Low‑maintenance brick, metal roof, and siding construction.
- Each side features a waiting/reception area, multiple exam rooms, an office, and a lab.
- Possible owner financing or lease options available to qualified buyers.
Overview
Located downtown at 427 S 4th Street in Gadsden, the building sits on a main thoroughfare described as a key route into downtown from Rainbow Drive. Public remarks note high visibility along S 4th Street and ample parking on site. The property is positioned near Riverview Regional Medical Center.
Designed for medical and related office use, the layout supports efficient patient flow with dedicated waiting/reception areas and multiple exam rooms on each side. With offices, labs, and patient facilities distributed across both halves, the building can fit owner-operators or qualified buyers seeking a multi-room medical configuration in a downtown commercial setting with parking and visibility.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.0k | $19.80 |
| − Vacancy | −$5.4k | −$2.08 |
| EGI | $45.6k | $17.72 |
| − OpEx | −$18.2k | −$7.09 |
| NOI | $27.4k | $10.63 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gadsden
- County
- Etowah
- State
- Alabama
- Longitude
- -86.005605
- Latitude
- 34.006622