Medical Office with Roll-Up
1622 SE CHURCH AVENUE, Jacksonville, AL 36265
For Sale
$799,000
Commercial Sale, JACKSONVILLE, AL
Property Size6,923 SF
Lot Size1.21 Acres
Price / SF$115.41
Days on Market98
Property Features for 1622 SE CHURCH AVENUE
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Parking features
Directions
Standard status
APN
Size
Lot size
Utilities
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Roof type
Buildings
Listing Agency:
Bone Realty Company
(256) 546-5543
Listed By:
Anna Tillman Inzer · License #137502
(256) 504-7553
Added: Aug 4
Changed: Oct 29
Last Checked: Nov 9 at 3:06AM
MLS# 21925600
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Investment Insights
Based on property information with market context.
This 6,923-square-foot medical office property sits on 1.21 acres and was previously used for medical and therapy services. The interior includes a reception area, waiting room, 10 office or examination rooms, and an X-ray room. A separate 1,600-square-foot unfinished area includes a bathroom and a 10-foot roll-up door. Vinyl and carpet flooring, central air, a metal roof, and a parking lot are among the building features.
The property is across from Walmart and the JSU Nursing School Department. It was built in 2005 and has public water service.
The property is across from Walmart and the JSU Nursing School Department. It was built in 2005 and has public water service.
Key Highlights
- 6,923‑square‑foot medical office building on 1.21 acres
- 10 office or examination rooms, plus reception and waiting areas
- Separate 1,600‑square‑foot unfinished area with bathroom and 10‑foot roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,459
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,069,180
$1.1M
Cap Rate 7%
$763,700
$763.7K
Cap Rate 9%
$593,989
$594.0K
Market Conditions
NOI Build-Up for 6,923 SF
Gross rent
$91.4K $13.20/SF
− Vacancy
−$20.1K −$2.90/SF
EGI
$71.3K $10.30/SF
− OpEx
−$17.8K −$2.57/SF
NOI
$53.5K $7.72/SF
Area
Calhoun County, AL
Vacancy
22.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,069,180
Cap Rate 7%
$763,700
Cap Rate 9%
$593,989
Alternative Uses
Best Use
Healthcare Medical
$1.06M
$931.3K – $1.24M
NOI $74,502 @ 7.0% cap · market cap 9.32%
Second Best
Office B
$763.7K
$668.2K – $891.0K
NOI $53,459 @ 7.0% cap · market cap 6.69%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
Balanced
Demand for This Use
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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
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Clanton Animal Hospital LLC — 1519 Pelham Rd S, Jacksonville, AL 36265
Frequently Asked Questions
What type of property is this?
Medical Office Space - A clinical layout includes patient rooms, an X-ray room, and additional unfinished space.
Where is this medical office space located?
The property is located at 1622 SE CHURCH 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: 6,923‑square‑foot medical office building on 1.21 acres; 10 office or examination rooms, plus reception and waiting areas; Separate 1,600‑square‑foot unfinished area with bathroom and 10‑foot roll‑up door
