Technical
Financial
Distress signals
Property profile

409 1st St Gadsden, AL 35901

OFF-MARKET
Medical Office Space
Property ID
US03-2138634
8,466 SF 0.24 ac lot Built 1999
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1999
Construction WOOD
Total area 8,466 SF
Lot 0.24 ac (10,600 SF)
APN 15-02-09-1-000-024.000
UPID US03-2138634

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
  • Cemetery

Location

409 1st St Gadsden, AL 35901-5358
Gadsden metro Census 1200 GADSDEN, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$812k
Blend (final) Blend
$380k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Office building $875,000 +19.0%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 409 1st St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message