1703 Ctr Pt Pkwy Birmingham, AL 35215-5505
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.
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Gotfryd Podiatry Medical Clinic Physician
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Dr. Mark Gotfryd Physician
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Mark A. Gotfryd, P.C. Physician
1. Neighborhood Commercial (C-1) District. The neighborhood commercial district is designed to allow for areas of neighborhood retail and services that meet the day-to-day needs of residents and workers of sur rounding neighborhoods (typically within a 1 -mile radius) Uses in this district include: smaller grocery stores, banks, restaurants and services such…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
C1 · Birmingham, AL1. Neighborhood Commercial (C-1) District. The neighborhood commercial district is designed to allow for areas of neighborhood retail and services that meet the day-to-day needs of residents and workers of sur rounding neighborhoods (typically within a 1 -mile radius) Uses in this district include: smaller grocery stores, banks, restaurants and services such as small professional and health offices, barber/beauty shops, dry cleaners, small - to medium -scale offices, schools, churches, and neighborhood -serving public uses. This district is
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.
