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    FOR SALE
    Medical Office Space

    120 Cahaba Valley Pkwy, Pelham, AL 35124

    29,766 SF 5.02 ac lot Built 1995
    Individually Owned 7-yr Hold Absentee Owner Free & Clear
    Property ID
    US03-1301240
    Property summary
    AI-generated overview

    This exceptional 3,226-square-foot medical office space is available for lease on the second floor of a Class B building at 120 Cahaba Valley Pkwy, Pelham, AL 35124. Located in the Pelham submarket, this turnkey suite offers a prime location with ample natural light from its north-facing corner windows. The space boasts a well-designed layout including a reception and waiting area, multiple exam rooms equipped with hand sinks, a nurses' station, and three bathrooms. The building features a total of 28,508 square feet across two stories, with 150 parking spaces and one elevator for convenient access. Constructed in 1995, the building is well-maintained and situated in a thriving medical environment, sharing the building with established tenants such as Alabama Bone & Joint Clinic, Fresenius Kidney Care Dialysis Center, and Encore Rehabilitation. The minimum divisible space is 3,226 square feet, making it perfect for a variety of medical practices. The asking rent is $23 per square foot. This space is well-suited for practices such as dentistry, orthodontics, urology, behavioral health, neurology, rheumatology, physical therapy, chiropractic care, pain management, or internal medicine. It could also serve as a smaller satellite office for a larger practice seeking to expand its reach in the southern Birmingham metro area along I-65.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1995
    Construction WOOD
    Total area 29,766 SF
    Lot 5.02 ac (218,671 SF)
    APN 109314001002000
    UPID US03-1301240
    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
    • Dawn Marie Mccombs Physician
    • Baptist Health Center Inc Medical Clinic
    • Melanie C. Warren, CRNP Physician
    • Dr. James Colvard Pediatrician Physician
    • Dr. Barry Callahan Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.82M
    Blend (final) Blend
    $3.83M
    Owner & transaction history
    Quality Sthrn Outdoor Advertis · 7 yrs held
    Quality Sthrn Outdoor Advertis
    since 2018
    7 recorded transactions
    2020
    2019
    2018
    $1.0M
    2017
    $10,000
    2013
    2012
    2010
    $2.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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