341 Greeno Rd N Fairhope, AL 36532
- Medical offices
- 34,370 SF
- 0.92 lot acres
Current Use by Public Records
- Albert Jay Savage, IV, MD / Surgical Center / Orthopedic Surgeon
- Joanne Baird, MD / Surgical Center / Orthopedic Surgeon
- Bayside Orthopaedic Sports Medicine: Albertson Carl E MD / Orthopedic Surgeon
- Michael Clark, PT / Doctor
- Gulf Orthopaedics | Fairhope / Sports Medicine Clinic / Rehabilitation Center
Property Details for 341 Greeno Rd N
- Year built
- 2008
- Lot size
- 0.92 lot acres
- Property size
- 34,370 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 46-04-17-1-000-001
- APU
- 4604171000001
Description
This exceptional 3,045 square foot medical office suite is located on the second floor of the prestigious Gulf Orthopedic building in Fairhope, Baldwin County. The space is immediately available and boasts a highly desirable location, perfect for a variety of medical practices. The suite is fully equipped and ready for occupancy, featuring six exam rooms, four private offices, a dedicated lab room, a spacious waiting area, a staff kitchen and break room, and a reception area. The efficient layout is designed to optimize workflow and enhance patient care. The building offers convenient access and ample parking. This turnkey solution eliminates the need for extensive renovations, allowing for a quick and seamless transition for new tenants. The minimum divisible space is 3,045 square feet, and the maximum contiguous space available is also 3,045 square feet. The total building size is 32,000 square feet, indicating a well-established and thriving medical environment. Please note that there are restrictions on tenant types; chiropractic, orthopedic, and podiatry practices are not permitted. Pass-throughs are estimated at $6.64 per square foot. This is a rare opportunity to secure a well-appointed medical office suite in a prime Fairhope location. Inquire today to schedule a viewing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $890,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,230,000
- 6.5%
- $1,160,000
- 7%
- $1,250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,140,000
- Geo Method
- $1,350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,265,000
- Retail
- $1,285,000
- Mixed-Use
- $1,185,000
- Hospitality
- $1,085,000
- Educational
- $1,330,000
- Residential Income
- $1,370,000
- Energy
- $1,015,000
- Income-Based Land
- $1,340,000
- Food Service
- $1,370,000
Location Insight
- Map
- Local Demand
- City
- Fairhope
- County
- Baldwin
- State
- Alabama
- Longitude
- -87.8866
- Latitude
- 30.5305
- CBSA code
- 19300
- CBSA name
- DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
