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2317 Mount Olive Rd Gardendale, AL 35117

OFF-MARKET Office Spaces Google Maps
2.5 ac lot Built 2001
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional investment opportunity presents a 6600 square foot office building situated on a generous 2.5-acre lot in the thriving Gardendale, Alabama market. The property is strategically positioned at 2317 Mount Olive Road, offering convenient access to major transportation routes and local amenities. Currently, a portion of the building is occupied under a new lease agreement, encompassing the rear half of the structure. Additionally, a section of the front space is also leased, generating immediate rental income. The detailed layout of the building, including the leased and available spaces, is clearly illustrated in the accompanying photographs. This presents a unique chance for an investor to acquire a well-located commercial property with existing income streams and significant potential for future growth. The building's size and layout offer flexibility for a variety of uses, making it an attractive option for both established businesses and new ventures. The substantial 2.5-acre lot provides ample room for expansion, parking, or future development. The asking price of $1,050,000 reflects the property's strong potential return on investment. Serious inquiries are encouraged to explore this promising opportunity further. Detailed financial information and lease agreements are available upon request. Don't miss this chance to secure a prime commercial property in a rapidly developing area.

Property profile

Verified
Property type Office Spaces
Year built 2001
Lot 2.5 ac (108,900 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Billing Service

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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