1703 Ctr Pt Pkwy Birmingham, AL 35215-5505
- Medical offices
- 3,132 SF
- 0.20 lot acres
Current Use by Public Records
- Gotfryd Podiatry / Sports Medicine Clinic / Diabetes Center
- Dr. Mark Gotfryd / Podiatrist / Orthotics & Prosthetics Service
- Mark A. Gotfryd, P.C. / Podiatrist
Property Details for 1703 Ctr Pt Pkwy
- Year built
- 1977
- Lot size
- 0.20 lot acres
- Property size
- 3,132 SF
- Zone code
- C1
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 12-00-19-2-001-008.001
- APU
- 1200192001008001
Description
This exceptional 2,496 square foot medical office building presents a compelling investment opportunity in Birmingham, Alabama. Located at 1703 Center Point Parkway, this Class C building is situated on a 0.2-acre lot and zoned C1, offering flexibility for various medical uses. Built in 1977, the single-tenant property is currently priced at $270,000, translating to $108.17 per square foot. The building features ample parking with 17 spaces, ensuring convenient access for patients and staff. Its strategic location as an outparcel of a Food Giant grocery store and proximity to national retailers provides outstanding visibility and accessibility on a busy thoroughfare. This property is ideal for an owner-user seeking a well-positioned medical practice space. The building offers potential for renovation or redevelopment, allowing for customization to meet specific needs. Interior photos are available upon request. This is a rare opportunity to acquire a well-located medical office building in a thriving Birmingham commercial area. The property's strong location and ample parking make it an attractive option for both established and emerging medical practices. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $315,000
- 6.5%
- $305,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $310,000
- Geo Method
- $355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $280,000
- Mixed-Use
- $345,000
- Hospitality
- $320,000
- Educational
- $315,000
- Residential Income
- $285,000
- Energy
- $310,000
- Income-Based Land
- $295,000
- Food Service
- $290,000
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.6842
- Latitude
- 33.6324
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA