Property profile

2215 Decatur Hwy Gardendale, AL 35071

OFF-MARKET
Medical Office Space
Property ID
US03-1030434
13,218 SF 5.3 ac lot Built 2011
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2011
Total area 13,218 SF
Lot 5.3 ac (230,737 SF)
Zoning code C2
APN 14-00-02-1-001-006.001
UPID US03-1030434

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Medical Clinic
  • Physician
  • Pediatrician Physician

Location

2215 Decatur Hwy Gardendale, AL 35071-2360
Gardendale metro Census 11710 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.40M
CAP Approach CAP
$3.45M
Comparable Approach Comparable
$2.23M
Blend (final) Blend
$2.47M

Owner & transaction history

since 2020
Last sale
$2.9M
6 recorded transactions
2020
$2.9M
2020
Price N/A
2017
Price N/A
2009
Price N/A
1988
$17,778
1969
Price N/A

Zoning & alternative use

C2 · Gardendale, AL
Top alternative use upside
Restaurant $3.4M +60.4%
Apartment house (5+ units) $2.6M +24.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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