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    1207 Azalea Pl Brewton, AL 36426

    For Lease
    $19 SF/Yr ($6,287 /Mo)

    Single-tenant medical office, prime location.

    Lot size:
    3,971 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 3,971 square foot medical office building presents a unique investment opportunity. Situated on a spacious 31,800 square foot lot, the property boasts a single-tenant occupancy, offering immediate income potential or the flexibility for redevelopment. Constructed in 1995, the building features wood frame construction with attractive brick veneer. The building's former use as a cancer radiation treatment facility speaks to its robust infrastructure and suitability for various medical or healthcare-related businesses. The entire 3,971 square feet is currently vacant, providing a blank canvas for a new tenant or a complete renovation. The property is zoned B-2, Local Business District, allowing for a range of potential uses. The asking rental rate is $19.00 per square foot, net-net. This one-story building offers convenient access and ample parking, making it an attractive option for both tenants and investors. The combination of its size, location, zoning, and former use makes this property an ideal acquisition for those seeking a strong foothold in the medical office market or a strategic redevelopment project. The property's solid construction and substantial lot size offer significant long-term value.

    Property Features for 1207 Azalea Pl

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,971 SF
    Total Rate
    6287.42

    Building Details

    Year Built
    1995
    Stories
    1

    Unit(s) available at that property

    Space
    Available Suite 1
    Size
    3,971 SF
    Rate per SF
    $19

    HighLights

    • Former medical use: Radiation oncology facility.
    • 3,971 square foot medical office building.
    • Built in 1995.
    • Wood frame construction with brick veneer.
    • 31,800 square foot lot.
    • B‑2 Local Business District zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brewton
    County
    Escambia
    State
    Alabama
    Longitude
    -87.0741722
    Latitude
    31.1259214

    Nearby Similar for Lease

    • Contact for pricing

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    FAQs

    What type of property is this?
    Medical office - Single-tenant medical office, prime location.
    Where is this medical office located?
    The property is located at 1207 Azalea Pl Brewton, AL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Former medical use: Radiation oncology facility.; 3,971 square foot medical office building.; Built in 1995.
    Request Owner's contact information
    1207 Azalea Pl Brewton, AL 36426
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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
    1207 Azalea Pl Brewton, AL 36426
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