Property summary
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
VerifiedCap rate & NOI
Current use
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Medical Billing Service
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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