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    Property profile & analytics

    403 Bay St Gadsden, AL 35901-5107

    • Medical offices
    • 2,668 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US03-2410509
    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.

    Current Use by Public Records

    • Sandra Carpenter & Associates / Medical Clinic / Family Practice Physician
    • Layla Wren, MD / Family Practice Physician
    • Layla Smith Wren / Family Practice Physician

    Property Details for 403 Bay St

    Year built
    1988
    Construction
    WOOD
    Lot size
    0.33 lot acres
    Property size
    2,668 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    15-02-09-1-000-148.001
    APU
    1502091000148001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $285,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $235,000
      Mixed-Use
      $240,000
      Hospitality
      $260,000
      Educational
      $270,000
      Residential Income
      $275,000
      Energy
      $220,000
      Income-Based Land
      $265,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Gadsden
    County
    Etowah
    State
    Alabama
    Longitude
    -86.0064
    Latitude
    34.0094
    CBSA code
    23460
    CBSA name
    GADSDEN, 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
    2023
    $2,801
    $8,920
    $48,240
    $57,160
    -
    $44,600
    $241,200
    $285,800

    Comparable in this City

    • Value Estimation by Request
      1,244 SF

      425 3rd St

      MEDICAL BUILDING • 1,244 SF
      425 3rd St, Gadsden, AL 35901-5210
      View Details
    • Value Estimation
      $395,000
      2,075 SF

      605 3rd St

      MEDICAL BUILDING • 2,075 SF
      605 3rd St, Gadsden, AL 35901-5303
      View Details
    • Value Estimation
      $545,000
      8,982 SF

      1907 Rainbow Dr

      MEDICAL BUILDING • 8,982 SF
      1907 Rainbow Dr, Gadsden, AL 35901-5505
      View Details
    • Value Estimation
      $420,000
      3,464 SF

      829 Riverbend Dr

      MEDICAL BUILDING • 3,464 SF
      829 Riverbend Dr, Gadsden, AL 35901-2556
      View Details
    • Value Estimation
      $420,000
      2,016 SF

      522 Walnut St

      MEDICAL BUILDING • 2,016 SF
      522 Walnut St, Gadsden, AL 35901-4232
      View Details
    • Value Estimation
      $570,000
      15,035 SF

      820 4th St

      MEDICAL BUILDING • 15,035 SF
      820 4th St, Gadsden, AL 35901-5223
      View Details

    Similar Nearby for Sale

    • $250,000
      2,000 SF

      Gadsden CBD Commercial Property

      Downtown Gadsden Office/Retail Space
      410 3Rd St, Gadsden, AL 35901
      View Details
    • $437,500
      0.33 Acres

      Gadsden Medical Office with Parking

      Duplex-style medical office near Riverview Regional Medical Center.
      427 S 4Th St, Gadsden, AL 35901
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    • $399,900
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      Gadsden Office Space For Sale

      Timeless office space near Riverview Regional Medical Center.
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    • $649,900
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      GADSDEN Office Building For Sale

      Office building with additional metal building, perfect for investors.
      305 S 4Th St, Gadsden, AL 35901
      View Details
    • New
      $999,900
      0.15 Acres

      Downtown Gadsden Multi-Tenant Building

      Prime commercial building with high visibility and income potential.
      546 Broad St, Gadsden, AL 35901
      View Details
    • $1,100,000
      9,200 SF

      Gadsden Commercial Building For Sale

      Three-story commercial building with parking in Gadsden, Alabama.
      101 Broad St, Gadsden, AL 35901
      View Details

    Similar Nearby for Lease

    • $1,200 /Mo

      Office Space in Gadsden, AL

      Office space available for rent in Gadsden, Alabama.
      1907 Rainbow Dr, Gadsden, AL 35901
      View Details
    • $12 SF/Yr
      502,000 SF

      Gadsden Mall Jr Box Spaces

      Prime Retail Space, Flexible Sizes
      1001 Rainbow Dr, Gadsden, AL 35901
      View Details
    • $3,500 /Mo

      Waterfront Office Space For Lease

      Prime commercial property with versatile space in a high-traffic area.
      1406 Rainbow Dr, Gadsden, AL 35901
      View Details
    • $12 SF/Yr
      36,000 SF

      Time Square: Gadsden Office Space

      Gadsden, AL: Versatile office, retail, warehouse
      401 Locust St, Gadsden, AL 35901
      View Details
    • $12 SF/Yr
      6,842 SF

      Unique Brewpub/Micro-Distillery Retail Opportunity

      Multi-tenant retail/office building with unique spaces for lease.
      415 Locust St, Gadsden, AL 35901
      View Details
    • $32 SF/Yr
      1,500 SF

      New Retail Space Available

      New construction retail suites with drive-thru near downtown Gadsden.
      401 W Meighan Blvd, Gadsden, AL 35901
      View Details
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    403 Bay St
    Gadsden, AL 35901-5107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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