Financial
Distress signals
Property profile

737 Memorial Dr Bessemer, AL 35022

FOR SALE
Medical Office Space
Property ID
US03-0875752
7,258 SF 1.19 ac lot Built 1970
Last sale Oct 2004 · $795,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 6,500 square foot medical office building in Bessemer, Alabama, presents a compelling investment opportunity. Located on a 1.19-acre lot, the property boasts a prime location directly across from UAB Medical West, ensuring high visibility and accessibility. Built in 2020, the Class B building features a high-quality medical build-out, abundant parking, and easy access from AL-11 and I-20. Currently fully leased to high-quality tenants, including UAB Medical West Imaging and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$9k
Tax billed · 2022
Assessed value · 2023$178k
Assessed land$18k
Assessed improvement$159k
Effective rate5.16%

Value estimate

· Sep 2026
$280k
$252k – $308k
Sales comparison$878k
NOI build-up
Gross scheduled income$207k
Vacancy & credit loss−$24k
Operating expenses−$74k
NOI · 22.28% cap applied$110k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$159/SF
County average, outlier-cleaned · 85 recorded sales of this use type
Observed band · Q1–Q3$65 – $264

Cap rate analysis

How does the asset earn?
22.28%
$110k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
O1
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.3
Wholesale Shop11.6
Dental Office10.9

Location

737 Memorial Dr Bessemer, AL 35022
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4748 Bell Hl, Bessemer, AL 35022-6947 $3,275,000 Sep 2023 8,478 SF
3054 Morgan, Bessemer, AL 35022-6452 $1,050,000 Jan 2023 5,425 SF
1001 Golf Crse, Bessemer, AL 35022 $51,250,000 Oct 2021 7,031 SF
740 Memorial, Bessemer, AL 35022 $51,250,000 Oct 2021 5,144 SF
925 Golf Crse, Bessemer, AL 35022 $51,250,000 Oct 2021 14,026 SF
1088 9th SW, Bessemer, AL 35022-7833 $1,100,000 Jan 2019 10,319 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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