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    1405 Thompson Cir Gardendale, AL 35071-2749

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    1405 Thompson Cir Gardendale, AL 35071-2749


    • Medical Office Space
    • 5,080 SF
    • 0.75 lot acres
    Off-Market
    Last Sale Apr 28, 2021
    $1,014,480
    Property ID
    US03-0716484
    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.

    Value Estimations
    $1,005,000
    Show details
    Cap Rate Potential
    9.2%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Daniels Capital Corporation / Loan Service
    • Edward Jones - Financial Advisor: Andrew M Beard / Financial Advisor
    • Edward Jones / Financial Advisor
    • Delta Business Systems / Accounting Firm / Tax Preparation
    • Medisys / Accounting Firm / Tax Preparation

    Property Details for 1405 Thompson Cir

    Year built
    1986
    Lot size
    0.75 lot acres
    Property size
    5,080 SF
    Zone code
    C2
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    14-00-12-2-008-005.000
    APU
    1400122008005000

    Description

    This exceptional office building, located at 1405 Thompson Cir in Gardendale, Alabama, 35071, offers a fantastic opportunity for businesses seeking professional space. The property, a traditional office building, boasts a total of 4,772 square feet, with 1,190 square feet currently available for lease. The building enjoys a strong occupancy rate, with a diverse mix of established tenants including Right at Home, Edward Jones Investments, United Steel Workers Union, Daniels Capital Corporation, Mr. Appliance, and other local professional businesses. This creates a vibrant and collaborative environment. The available space is comprised of two contiguous suites, each approximately 1,183-1,190 square feet, providing flexibility for various business needs. The building's convenient location on Highway 31 ensures excellent visibility and accessibility. This is an ideal opportunity to establish or expand your business in a thriving Gardendale community, surrounded by reputable and successful companies. The property is well-maintained and offers a professional atmosphere. Inquire today to learn more about leasing options and secure your space in this desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $935,000
      ML approach
      $960,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,435,000
      6.5%
      $1,325,000
      7%
      $1,230,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,107,000
      Market price range: $332k - $1.34M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $810,000
      Current use
      RESTAURANT
      $1,295,000
      Change: +60% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,010,000
      Change: +25% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $720,000
      Change: -11% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $715,000
      Change: -11% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Gardendale
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8119
    Latitude
    33.6598
    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
    2022
    $12,194
    $36,460
    $224,960
    $261,420
    -
    $182,300
    $1,124,800
    $1,307,100
    More about this property
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