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    431 Baliwick Dr & Hwy Hazel Green, AL 35750

    For Lease
    Contact for pricing

    Prime Medical Office, 6,400 SF Available

    Lot size:
    9,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 9,200 square foot medical office building presents a unique investment opportunity in the thriving Hazel Green, Alabama market. Strategically located at the intersection of US Highway 231/431 and Keller Road within the Townsend Place development, this single-tenant property offers immediate access to a high-density residential area, boasting approximately 1,700 households in close proximity. Currently, 6,400 square feet of space is available for lease, providing ample room for a variety of medical practices. The building is already anchored by a successful 2,800 square foot HH Urgent Care facility, creating a synergistic environment ideal for complementary medical services such as physical therapy, dental care, or family practice. Situated in Marshall County, Alabama, with a 35750 zip code, this property benefits from its convenient location and strong demographics. The building's modern design and prime location make it an attractive option for medical professionals seeking to establish or expand their practice in a rapidly growing community. The property's size and location offer significant potential for long-term growth and profitability. This is a rare opportunity to secure a high-quality medical office space in a highly desirable location.

    Property Features for 431 Baliwick Dr & Hwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,200 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,400 SF

    HighLights

    • Strong population growth within a 10‑mile radius, projected to increase from 62,924 to 65,837 by 2026.
    • High average household income, projected to rise from $80,999 to $92,933 by 2026.
    • Existing housing stock includes 20,824 owner‑occupied and 4,248 renter‑occupied units.
    • Significant retail expansion planned, including the Townsend Place development.
    • Excellent schools and ample existing retail and service businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Hazel Green
    County
    Marshall
    State
    Alabama
    Longitude
    -86.5722796
    Latitude
    34.9237192

    Nearby Comparable

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    Nearby Similar for Lease

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      1,225 SF

      Hazel Green Retail Space For Lease

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      View Details

    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, 6,400 SF Available
    Where is this medical office located?
    The property is located at 431 Baliwick Dr & Hwy Hazel Green, AL.
    What are key features of this property?
    This property features: Strong population growth within a 10-mile radius, projected to increase from 62,924 to 65,837 by 2026.; High average household income, projected to rise from $80,999 to $92,933 by 2026.; Existing housing stock includes 20,824 owner-occupied and 4,248 renter-occupied units.
    Request Owner's contact information
    431 Baliwick Dr & Hwy Hazel Green, AL 35750
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    Hazel Green, AL 35750
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    431 Baliwick Dr & Hwy Hazel Green, AL 35750
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