Medical Office
New
For Sale
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4625 Moffett Rd, Mobile, AL 36618
Single-story medical facility with specialized improvements, support areas, and paved on-site parking.
Property Size3,300 SF
Price / SF$287.58
Days on Market4
Property Features for 4625 Moffett Rd
General Information
Standard status
Active
Size
3,300 SF
Class
Class B+
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
luxury vinyl plank flooring
restroom facilities
kitchen sink
janitorial sink
refrigerated drinking fountain
multiple fire-rated doors
exterior lighting
fencing
dedicated dumpster enclosure
concrete curbing
Building Details
Year Built
2023
Buildings
1
Stories
1
Building Size
3,300 SF
Construction
brick veneer
Listing Agency:
Re/Max of Orange Beach
(251) 981-2400
Listed By:
Heather Harp · License #0146979
(251) 533-6677
Source:
Moodyscre
Added: Sep 3
Changed: Sep 6
Last Checked: Sep 5 at 3:39PM
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 Re/Max of Orange Beach
Investment Insights
Based on property information with market context.
Built in 2023, this approximately 3,300-square-foot, single-story medical office facility at 4625 Moffett Road provides a purpose-oriented commercial layout for healthcare and professional office use. The building includes medical-office improvements, luxury vinyl plank flooring, restroom facilities, a kitchen sink, janitorial sink, refrigerated drinking fountain, and multiple fire-rated doors. Brick veneer construction and exterior lighting add to the property’s finished presentation.
The site includes paved parking, concrete curbing, fencing, and a dedicated dumpster enclosure. Its position along Moffett Road offers access to Interstate 65, Mobile neighborhoods, and the surrounding commercial market. The property is identified as FEMA Zone X, indicating minimal flood hazard. Potential uses include medical, dental, outpatient, therapy, professional office, and other service-oriented operations, subject to zoning and governmental approvals.
The site includes paved parking, concrete curbing, fencing, and a dedicated dumpster enclosure. Its position along Moffett Road offers access to Interstate 65, Mobile neighborhoods, and the surrounding commercial market. The property is identified as FEMA Zone X, indicating minimal flood hazard. Potential uses include medical, dental, outpatient, therapy, professional office, and other service-oriented operations, subject to zoning and governmental approvals.
Key Highlights
- Built in 2023 with approximately 3,300 square feet
- Single‑story layout with existing medical‑office improvements
- Luxury vinyl plank flooring, restroom facilities, and multiple fire‑rated doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,879
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$917,580
$917.6K
Cap Rate 7%
$655,414
$655.4K
Cap Rate 9%
$509,767
$509.8K
Market Conditions
NOI Build-Up for 3,300 SF
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.
Gross rent
$73.3K $22.20/SF
− Vacancy
−$12.1K −$3.66/SF
EGI
$61.2K $18.54/SF
− OpEx
−$15.3K −$4.63/SF
NOI
$45.9K $13.90/SF
Area
Mobile, AL
Vacancy
16.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$917,580
Cap Rate 7%
$655,414
Cap Rate 9%
$509,767
Alternative Uses
Best Use
Office B
$655.4K
$573.5K – $764.7K
NOI $45,879 @ 7.0% cap · market cap 4.83%
Second Best
Healthcare Medical
$640.2K
$560.1K – $746.9K
NOI $44,811 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$838.8K
$733.9K – $978.6K
NOI $58,713 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 36618, AL
17,425
Population
7,313
Households
2.4
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
15.9 sq mi
ZIP Area
1,096
Density / Sq Mi
$59,075
Median Household Income
$35,037
Median Earnings
$1,102
Median Rent
$155,500
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.
Similar Off Market Nearby
- Joseph A. Long, DVM — 5016 Moffett Rd, Mobile, AL 36618
- Moffett Road Veterinary Clinic — 5016 Moffett Rd, Mobile, AL 36618
Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-story medical facility with specialized improvements, support areas, and paved on-site parking.
Where is this medical office space located?
The property is located at 4625 Moffett Rd Mobile, AL.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Built in 2023 with approximately 3,300 square feet; Single‑story layout with existing medical‑office improvements; Luxury vinyl plank flooring, restroom facilities, and multiple fire‑rated doors
