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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1117 16Th Ave Decatur, AL 35601

4,500 SF
Property ID
Property summary
AI-generated overview

This exceptional 4,500 square foot Class A medical office space is ideally situated in Decatur, Alabama, within the M-C Medical Center District zoning. Located just two blocks from Decatur Morgan Hospital, this single-tenant building offers unparalleled convenience and accessibility for medical professionals and related businesses. The property boasts a generous 0.36-acre lot providing ample parking for patients and staff. The single-span building design offers significant flexibility for build-out and customization to meet specific tenant needs. The efficient interior layout maximizes usable space, creating a functional and welcoming environment. A key advantage is the landlord's willingness to provide substantial tenant improvement packages to qualified tenants, making this an attractive opportunity for those seeking a move-in ready space or significant customization options. The property is zoned for medical uses, including pharmacies, making it suitable for a wide range of healthcare providers. This prime location, combined with the building's features and the landlord's commitment to tenant satisfaction, presents a rare opportunity to establish or expand a successful medical practice in a thriving community. The address is 1117 16th Ave SE, Decatur, AL 35601.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Robertson Brian P Physician
  • Richard Sharp Physician
  • Robert Tapscott Physician
  • John Riehl Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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