Medical Office with Dental
2120 Lynngate Drive, Birmingham, AL 35216
For Sale
Contact for pricing
Freestanding medical office configured for dental operations with dedicated parking and specialized clinical infrastructure.
Property Size3,000 SF
Price / SF$228.33
Days on Market99
Property Features for 2120 Lynngate Drive
General Information
Standard status
Size
Property subtype
Amenities
central supply/storage
sterilization area
lab space
laundry area
gas cylinder storage
conference room
private offices
private entrance
LED lighting
ADA restrooms
shower
tinted windows
electrically ready for generator
Building Details
Buildings
Building Size
Listed By:
Jacob Word · License AL 000161810-1
Source:
Crexi
Added: Aug 6
Changed: Nov 8
Last Checked: Nov 12 at 6:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jacob Word
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding medical office comprises 3,000 SF and is configured for dental operations. Seven operatories include cabinetry and plumbing, along with N2O, vacuum, compressed air, and O2 connections. The interior also provides a central supply, storage and sterilization area, dedicated laboratory space, laundry facilities, and secured cylinder storage.
Additional improvements include a conference room with seating for 10, private offices, a private entrance, LED lighting with automatic switches, and two ADA-compliant restrooms plus a third restroom with a shower. The building has a metal roof, tinted windows, and an encapsulated crawl space. Electrical service is prepared for a natural gas generator, and dedicated parking is provided.
Additional improvements include a conference room with seating for 10, private offices, a private entrance, LED lighting with automatic switches, and two ADA-compliant restrooms plus a third restroom with a shower. The building has a metal roof, tinted windows, and an encapsulated crawl space. Electrical service is prepared for a natural gas generator, and dedicated parking is provided.
Key Highlights
- 3,000 SF freestanding medical office building
- Seven dental operatories with cabinetry, plumbing, N2O, vacuum, compressed air, and O2
- Central supply, storage, sterilization, lab, laundry, and gas‑cylinder storage areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,016
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,320
$760.3K
Cap Rate 7%
$543,086
$543.1K
Cap Rate 9%
$422,400
$422.4K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$72.0K $24.00/SF
− Vacancy
−$8.6K −$2.88/SF
EGI
$63.4K $21.12/SF
− OpEx
−$25.3K −$8.45/SF
NOI
$38.0K $12.67/SF
Area
Birmingham, AL
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,320
Cap Rate 7%
$543,086
Cap Rate 9%
$422,400
Alternative Uses
Best Use
Healthcare Medical
$543.1K
$475.2K – $633.6K
NOI $38,016 @ 7.0% cap · market cap 5.55%
Second Best
Office B
$514.7K
$450.4K – $600.5K
NOI $36,031 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$704.2K
$616.1K – $821.5K
NOI $49,291 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,084
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 35216, AL
36,673
Population
16,333
Households
2.2
Avg Household Size
35
Median Age
53%
College-Educated
94%
High-School Grad
13.0 sq mi
ZIP Area
2,821
Density / Sq Mi
$73,125
Median Household Income
$42,767
Median Earnings
$1,314
Median Rent
$376,200
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Jefferson County, AL
Properties on Market for Medical Office Space in Jefferson County
Vacancy Rate% for Office in Birmingham, AL
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Freestanding medical office configured for dental operations with dedicated parking and specialized clinical infrastructure.
Where is this medical office space located?
The property is located at 2120 Lynngate Drive Birmingham, AL.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 3,000 SF freestanding medical office building; Seven dental operatories with cabinetry, plumbing, N2O, vacuum, compressed air, and O2; Central supply, storage, sterilization, lab, laundry, and gas‑cylinder storage areas
