Property summary
This exceptional investment opportunity presents a fully occupied, two-building office complex in Decatur, Alabama. The property, located at 1823 Somerville Rd SE, 35601, encompasses 2,865 square feet on a one-acre lot with B1 zoning. The main building, a single-story Class B structure, features a reception area, multiple waiting rooms, individual offices, and dedicated patient areas. Three restrooms and six additional sinks are strategically located throughout. Abundant storage is provided via shelving and counter space. A separate heated and cooled storage building of approximately 540 square feet offers additional space with a drop ceiling, shelving, and a sink. The property boasts ample parking with approximately 15 spaces and approximately 142 feet of frontage on Somerville Road. Currently operating at 100% occupancy with a mix of executive, medical, and traditional office tenants, this NNN-leased property offers a strong return on investment. The asking price is $250,000, translating to $87.26 per square foot. This turnkey investment is ideal for a passive income portfolio or an owner-user seeking a high-traffic location. The property is situated in a high-traffic area, making it an attractive option for various medical and professional practices. The two buildings are currently under single tenancy.
Property profile
VerifiedCap rate & NOI
Current use
-
Dental Office
-
Dental Office
-
Dental Office
-
Dental Office
-
Dental Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight