1990 Gault Ave Fort Payne, AL 35967
This exceptional 11,500-square-foot medical office building in Fort Payne, Alabama, presents a unique investment opportunity. Situated on a 0.49-acre lot (21,770 square feet) at 1990 Gault Ave N, 35967, this two-story Class B building boasts a prime location at a signalized intersection, offering excellent visibility. Built in 1972 and extensively renovated in 2008 and 2015, the property includes a state-of-the-art cardiac catheterization laboratory, multiple exam rooms on both floors, two vein ablation rooms, and a fully finished 1,500-square-foot basement. Basement amenities include a steam shower, cedarwood sauna, fitness area, storage, and a bathroom. The building features a central AC system with split-zoned air control for temperature and humidity. The property also provides 28 parking spaces for staff and visitors. Zoned General Business (C-4), this single-tenancy building previously housed a cardiovascular clinic and is conveniently located just over a mile from I-59 and four miles from DeKalb Regional Medical Center. The building is equipped with modern communication systems, including monitors and flat panel screens in most rooms, and digital video boards in exam rooms and the conference room. This property offers a rare combination of functionality, modern amenities, and a strategic location within a thriving medical community. The APN is 23-02-04-2-002-036.002.
-
Melaney Banks Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.