101 Paul Stabler Dr Greenville, AL 36037-3133
Property profile & analytics
101 Paul Stabler Dr, Greenville, AL 36037-3133
- Medical Office Space
- 4,528 SF
- 1.00 lot acres
Property ID
US03-2863555
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- AFC PriMed Greenville / Medical Clinic
- American Family Care Clinic-Greenville / Medical Clinic
- Cecelia Hermann / Pediatrician / Physician
- LAMARQUIS D SINGER / Physician
- DOLORES VILLAMOR VICTORIA / Pediatrician / Physician
Property Details for 101 Paul Stabler Dr
- Year built
- 2016
- Lot size
- 1.00 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 10 08 02 10 0 000 041.011
- APU
- 100802100000041011
Description
This exceptional investment opportunity presents a 4,237 square foot Class A retail property in Greenville, Alabama, currently leased to American Family Care under a 15-year absolute NNN lease commencing August 1, 2023, and expiring July 31, 2038. The property boasts a strong 6.18% cap rate and a substantial net operating income (NOI) of $137,050. The lease includes annual rent bumps based on CPI increases, with a 2% floor and no cap, ensuring consistent income growth. Located at 101 Paul Stabler Dr, Greenville, AL 36037, this strategically positioned building is an outparcel to a Walmart Supercenter, benefiting from high visibility and traffic. The property enjoys proximity to numerous national brands including Cracker Barrel, Sonic, Dollar Tree, Waffle House, McDonald's, and Walgreens, further enhancing its desirability. Its convenient location just off I-65, between Montgomery and Mobile, benefits from a high annual average daily traffic count of 33,061 (2022 data). Constructed in 2016, the building features above-market parking. The tenant, American Family Care, is backed by a corporate guarantee, mitigating risk. This investment offers a compelling combination of strong tenant credit, a long-term lease, and a prime location, making it an attractive addition to any portfolio. The asking price is $2,217,634, translating to a price per square foot of $523.40. The property offers a 10-year lease option.
Value Estimations
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Butler
- State
- Alabama
- Longitude
- -86.6439
- Latitude
- 31.8515
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,885
$0.00
$0.00
$185,520
-
$248,200
$679,400
$927,600
