3524 Decatur Hwy Fultondale, AL 35068-1366
Property profile & analytics
3524 Decatur Hwy, Fultondale, AL 35068-1366
- Office Spaces
- 21,484 SF
- 1.36 lot acres
Property ID
US03-0459344
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
- Angela P. Dominique, DPM / Physician
- Total Pain Solutions / Pharmacy
- Fultondale Foot Clinic / Medical Clinic
- genesis total solutions / (Bike/Boat/Book/etc) Store / Corporate Office
- Complete Janitorial Services / General Contractor
Property Details for 3524 Decatur Hwy
- Year built
- 1987
- Lot size
- 1.36 lot acres
- Zone code
- B1
- Property type
- Office Spaces
- APN
- 14-00-24-3-002-001.000
- APU
- 1400243002001000
Description
This exceptional three-story, 16,686 square foot office building in Fultondale, Alabama presents a compelling investment opportunity. Located at 3524 Decatur Hwy, this stabilized property boasts 100% occupancy, generating a strong NOI of $91,974 and a 7.36% cap rate. The asking price is $1,250,000, translating to a price per square foot of $74.91. The property features a diverse tenant mix including Chick-fil-A Professional Development Center and Birmingham Podiatry, ensuring a stable income stream. Ample parking is available with 53 spaces on the 1.32-acre lot. Situated in a thriving Jefferson County submarket, this property benefits from a large adjacent residential development currently under construction, promising future growth potential. The current rents are below market, offering significant upside for the new owner. The building's diverse uses, including medical office, storefront, and traditional office spaces, cater to a wide range of potential tenants. This is an ideal acquisition for owner-occupiers seeking a smaller office space or investors looking for a strong return on investment. The price per square foot represents 48% of replacement cost, further highlighting the value proposition.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,495,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $4,270,000 Change: +71% Conversion: Moderate
- MEDICAL BUILDING
- $3,420,000 Change: +37% Conversion: Easy
- AUTO REPAIR, GARAGE
- $3,040,000 Change: +22% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $3,030,000 Change: +22% Conversion: Difficult
- RETAIL STORES
- $2,060,000 Change: -17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fultondale
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.8061
- Latitude
- 33.6298
- 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
$13,228
$29,660
$228,240
$257,900
-
$148,300
$1,141,200
$1,289,500
