Medical Office Space with Indoor
New
For Sale
$799,000
1475 SW 1st Avenue, Jacksonville, AL 36265
COMMERCIAL - Jacksonville, AL
Property Size7,500 SF
Lot Size0.80 Acres
Price / SF$107.05
Days on Market2
Property Features for 1475 SW 1st Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business, Commercial
Parking features
Parking Lot
Directions
Hwy 21 N To Jacksonville, Left Onto Henry Rd Sw At Jsu Nursing Facility. Take 1st Right Onto 1st Ave Sw. Property Is On The Left.
Standard status
Active
APN
PIN# 6866 & PIN # 6865
Size
7,464 SF
Lot size
0.80 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
handicap access
indoor pool
Building Details
Floors in Building
1
Flooring type
Carpet, Vinyl, Concrete, Tile
Roof type
Metal
Listing Agency:
Bone Realty Company
(256) 546-5543
Listed By:
Anna Tillman Inzer · License #137502
(256) 504-7553
Added: Aug 4
Last Checked: Aug 5 at 4:06PM
MLS# 21925603
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Investment Insights
Based on property information with market context.
This medical office property includes 16 office or exam rooms, 5 bathrooms, and an indoor pool with a handicap ramp. Handicap access, a parking lot, and a mix of carpet, vinyl, concrete, and tile flooring support a range of professional healthcare configurations. The building has a metal roof and is partially tenant occupied.
The property is located at 1475 SW 1st Avenue in Jacksonville, Alabama, within walking distance of Walmart and JSU’s Nursing School, formerly Jacksonville Hospital. Public water and public sewer serve the site. Its proximity to these established destinations provides a defined setting for medical, professional, or office use.
The property is located at 1475 SW 1st Avenue in Jacksonville, Alabama, within walking distance of Walmart and JSU’s Nursing School, formerly Jacksonville Hospital. Public water and public sewer serve the site. Its proximity to these established destinations provides a defined setting for medical, professional, or office use.
Key Highlights
- 16 office or exam rooms
- 5 bathrooms
- Indoor pool with handicap ramp
Financial Insights For Office B
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 | $98.5k | $13.20 |
| − Vacancy | −$21.7k | −$2.90 |
| EGI | $76.8k | $10.30 |
| − OpEx | −$19.2k | −$2.57 |
| NOI | $57.6k | $7.72 |
7,464 SF · lease $13.20/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$1.15M
$1.00M – $1.34M
NOI $80,324 @ 7.0% cap · market cap 10.05%
Second Best
Office B
$823.4K
$720.5K – $960.6K
NOI $57,637 @ 7.0% cap · market cap 7.21%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 36265, AL
22,018
Population
9,582
Households
2.3
Avg Household Size
30
Median Age
27%
College-Educated
89%
High-School Grad
98.1 sq mi
ZIP Area
224
Density / Sq Mi
$51,574
Median Household Income
$23,697
Median Earnings
$794
Median Rent
$163,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Partially occupied medical office property with accessible features, multiple exam rooms, and on-site parking.
Where is this medical office space located?
The property is located at 1475 SW 1st Avenue Jacksonville, AL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 16 office or exam rooms; 5 bathrooms; Indoor pool with handicap ramp
