122 7Th Ave NE Alabaster, AL 35007
For Lease
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This exceptional two-story medical office building, totaling 10,706 square feet, presents a fantastic opportunity for medical professionals seeking a prime location in Alabaster. The building, renovated in 2017, features a single building with abundant parking (64 spaces), including convenient curbside parking. The property is zoned B-3 and offers elevator access for easy navigation between floors. Currently, there are two available suites ranging from 1,510 to 2,380 square feet minimum divisible space. Each suite boasts a complete medical build-out, including a waiting room, exam rooms, a lab, an X-ray room, private offices, and a break area. The corner unit location provides ample natural light through numerous windows. This building enjoys an unparalleled location directly across the street from Baptist Shelby Medical Center, ensuring high visibility and convenient access for patients. The surrounding area is experiencing significant growth, with new restaurants and shopping options nearby. The property's safe and easily accessible location at a traffic signal, combined with its ample parking and excellent amenities, makes it an ideal setting for a doctor, specialist, or other medical professional. The building is locally owned and managed, ensuring responsive and attentive property management.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.