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    Property profile & analytics

    740 Memorial Dr Bessemer, AL 35022

    • Medical offices
    • 5,144 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 22, 2021
    $51,250,000
    Location Intelligence
    Property ID
    US03-0513642
    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

    • Medical offices

    Property Details for 740 Memorial Dr

    Year built
    1968
    Lot size
    1.10 lot acres
    Property size
    5,144 SF
    Zone code
    O1
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    38-00-19-1-006-013.000
    APU
    3800191006013000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bessemer
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.9895
    Latitude
    33.3732
    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
    $0.00
    $16,820
    $87,020
    $103,840
    -
    $84,100
    $435,100
    $519,200

    Comparable in this City

    • Value Estimation by Request
      3,537 SF

      921 Medical Ctr Dr

      MEDICAL BUILDING • 3,537 SF
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    • Value Estimation
      $2,975,000
      8,478 SF

      4748 Bell Hl Rd

      MEDICAL BUILDING • 8,478 SF
      4748 Bell Hl Rd, Bessemer, AL 35022-6947
      View Details
    • Value Estimation
      $470,000
      6,691 SF

      4804 Bell Hl Rd

      MEDICAL BUILDING • 6,691 SF
      4804 Bell Hl Rd, Bessemer, AL 35022
      View Details
    • Value Estimation by Request
      14,026 SF

      925 Golf Crse Rd

      MEDICAL BUILDING • 14,026 SF
      925 Golf Crse Rd, Bessemer, AL 35022
      View Details
    • Value Estimation by Request
      7,031 SF

      1001 Golf Crse Rd

      MEDICAL BUILDING • 7,031 SF
      1001 Golf Crse Rd, Bessemer, AL 35022
      View Details
    • Value Estimation
      $170,000
      2,058 SF

      722 Memorial Dr

      MEDICAL BUILDING • 2,058 SF
      722 Memorial Dr, Bessemer, AL 35022-6099
      View Details

    Similar Nearby for Sale

    • $595,000
      6,500 SF

      Bessemer Medical Office Building

      Prime Medical Office, High ROI
      737 Memorial Dr, Bessemer, AL 35022
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    • $2,800,000
      10,093 SF

      Medical Office Building Investment Opportunity

      Fully leased medical office building with strong tenant mix.
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    • $199,900
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      Bessemer Office For Sale

      Former dental office with ample parking and strong visibility.
      716 Memorial Dr, Bessemer, AL 35022
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    • Contact for pricing
      25.00 Acres

      Bessemer Industrial Land Investment

      Prime Alabama acreage, ideal for development.
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    • $850,000
      18.63 Acres

      Bessemer, AL Commercial Land

      18.63 Acres, Ideal Build-For-Rent
      1905 4Th Ave, Bessemer, AL 35022
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    • $325,000
      3.00 Acres

      Bessemer Commercial Land - 3 Acres

      High-traffic location, I-459 proximity. Ideal for light industrial.
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    Similar Nearby for Lease

    • $20 SF/Yr
      99,771 SF

      Bessemer Medical Office Space For Lease

      Class A Medical Office Suites Available
      975 9Th Ave, Bessemer, AL 35022
      View Details
    • Contact for pricing
      6,000 SF

      Bessemer Office Building - 1 Story

      6,000 SF Office Building, 1,500 SF Available
      6283 Park Dr, Bessemer, AL 35022
      View Details
    • $9 SF/Yr
      7,872 SF

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      Office space with warehouse, convenient location, high-end finishes.
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    • Contact for pricing
      21,840 SF

      Bessemer Warehouse Space For Lease

      Prime Industrial Space, 1,950 SF Available
      2550 Five Star Pkwy, Bessemer, AL 35022
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    • Contact for pricing
      99,893 SF

      Bessemer Retail Center - 59 West

      High-traffic retail space available. Multiple suites, ample parking.
      59 Academy Dr, Bessemer, AL 35022
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    • $20 SF/Yr
      19,720 SF

      Morgan Road Station Retail Space

      High-traffic retail space available now.
      3979 Parkwood Rd, Bessemer, AL 35022
      View Details
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    740 Memorial Dr
    Bessemer, AL 35022
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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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