1022 1St St North, Unit 300 Alabaster, AL 35007
Property profile & analytics
1022 1St St North, Unit 300 Alabaster, AL 35007
- Office buildings
- 20,284 SF
- 4.52 lot acres
Property ID
US03-1298632
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
- Dr. Annette H. Cosgrove, MD / Pediatrician / Medical Clinic
- Headache Specialists-Alabama / Physician
- Gastro Health - Alabaster / Physician
- Robert L Henderson Jr, MD; Dermatologists of Birmingham / Physician / Medical Clinic
- Dr. Stephen D. Brawner, MD / Physician / Medical Clinic
Property Details for 1022 1St St North
- Year built
- 1998
- Lot size
- 4.52 lot acres
- Property size
- 20,284 SF
- Property type
- Office buildings
- APN
- 137362001048000
- APU
- 137362001048000
Description
This exceptional five-story, 97,038 square foot Class A medical office building, known as Shelby II Medical Plaza, presents a unique investment opportunity. Tenants can lease spaces ranging from a minimum of 1,887 square feet to a maximum contiguous space of 6,000 square feet, making it ideal for a variety of medical practices. The building boasts ample parking, providing convenient access for patients and staff. Its strategic location offers direct access to Route 119, ensuring high visibility and easy accessibility. Shelby II Medical Plaza benefits from its proximity to Shelby Baptist Medical Center, a 252-bed facility with one of the state's busiest emergency departments, handling over 51,000 visits annually. This strong medical presence creates a high-traffic environment, ideal for medical professionals. The building is anchored by Heart South Cardiovascular Group and also houses other reputable medical practices, including Pulmonary Medicine Associates and Greenville Pediatrics/Children's Hospital of Alabama. The property is professionally managed and leased, ensuring efficient operations and a stable tenant base. This prime location in Shelby County offers a compelling opportunity for medical professionals seeking high-quality, well-situated office space. The building's multiple tenancy structure allows for flexibility in lease terms and space requirements.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,102,000
- AI Estimate
- $2,102,000
Market price range: $2.10M - $4.47MMarket price range: $2.10M - $4.47M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,980,000 Current use
- COMMERCIAL (GENERAL)
- $2,555,000 Change: -14% Conversion: Easy
- RETAIL STORES
- $2,530,000 Change: -15% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Alabaster
- County
- Shelby
- State
- Alabama
- Longitude
- -86.813
- Latitude
- 33.2555
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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
$0.00
$0.00
$0.00
$289,440
-
$1,447,150
$0.00
$1,447,150
