20 Hazelwood Dr Pell City, AL 35125-3382
Property Lookup
Property profile & analytics
20 Hazelwood Dr Pell City, AL 35125-3382
- Medical Office Space
- 5,180 SF
- 1.24 lot acres
Property ID
US03-1064363
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.
Location Intelligence
Current Use by Public Records
- Elliott J. Saltz / Pediatrician / Physician
- Robert Freeman, MD / Physician
- TINAMARIE SMITH / Physician
- American Family Care Pell City / Medical Clinic
- Conrad Cash / Physician
Property Details for 20 Hazelwood Dr
- Year built
- 2013
- Lot size
- 1.24 lot acres
- Property size
- 5,180 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 23-07-25-0-002-021.004
- APU
- 2307250002021004
Description
This exceptional investment opportunity presents a 4,956 square foot Class A retail property leased to American Family Care in Pell City, Alabama. Located within the Birmingham MSA, this property boasts a prime location directly across from a high-performing Walmart and near other prominent national retailers including Chick-fil-A, Walgreens, Cracker Barrel, and Home Depot. The property's strategic positioning less than a block from the intersection of I-20 and US Highway 231 ensures exceptional visibility and accessibility. The tenant, American Family Care, is secured by a corporate guarantee under a new 15-year absolute NNN lease commencing August 1, 2023, and expiring July 31, 2038, leaving a substantial 13.7 years remaining. The lease includes annual rent increases based on CPI adjustments, with a 2% floor and no cap, providing consistent income growth. The property offers a compelling 6.18% cap rate and a strong net operating income (NOI) of $160,154, with a price per square foot of $522.90. This is a single-tenant, low-maintenance investment with significant long-term potential, offering a secure and attractive return for investors seeking a stable, high-performing asset in a thriving retail corridor. The asking price is $2,591,484. A 10-year lease option is also available.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Pell City
- County
- St. Clair
- State
- Alabama
- Longitude
- -86.2824
- Latitude
- 33.6115
- 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
$11,079
$83,720
$214,374
$298,094
-
$418,600
$1,071,870
$1,490,470
