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    1990 Gault Ave Fort Payne, AL 35967
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    1990 Gault Ave, Fort Payne, AL 35967

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    • Office Spaces
    • 11,500 SF
    • 0.49 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Melaney Banks / Physician

    Property Details for 1990 Gault Ave

    Year built
    1972
    Lot size
    0.49 lot acres
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Fort Payne
    County
    Dekalb
    State
    Alabama
    Longitude
    -85.7053
    Latitude
    34.4607
    More about this property
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