919 Odum Rd Gardendale, AL 35071-3600
Property Lookup
Property profile & analytics
919 Odum Rd Gardendale, AL 35071-3600
- Medical Office Space
- 5,410 SF
- 1.32 lot acres
Property ID
US03-0538287
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
- U-Save Pharmacy / Pharmacy
- American Family Care Gardendale / Medical Clinic
- Dr. Victor Bonuel / Physician
- John Holcombe Holloway / Pediatrician / Physician
- Mr. John Holloway / Pediatrician / Physician
Property Details for 919 Odum Rd
- Year built
- 2013
- Lot size
- 1.32 lot acres
- Property size
- 5,410 SF
- Zone code
- C2
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 14-00-14-2-003-053.001
- APU
- 1400142003053001
Description
This exceptional Class A retail investment opportunity presents a 4,975 square foot, single-tenant net-leased property occupied by American Family Care in Gardendale, Alabama. The property boasts a strong 6.18% cap rate and a substantial net operating income (NOI) of $173,806. Secured by a corporate guarantee, the absolute NNN lease commenced August 1, 2023, and extends for a total of 15 years, with a remaining term of 13.7 years. Annual rent increases are tied to the Consumer Price Index (CPI), with a 2% floor and no cap, ensuring consistent income growth. The property is strategically located at 919 Odum Rd, Gardendale, AL 35071, just off Fieldstown Road, a major retail corridor with an impressive 2022 AADT of 28,901. Its proximity to I-65 and a vibrant retail environment anchored by national brands like Publix, Walmart, Starbucks, Chick-fil-A, Hobby Lobby, and TJ Maxx, further enhances its investment appeal. The asking price is $2,812,400, translating to a price per square foot of $565.31. This investment offers a compelling combination of strong tenant credit, long-term lease stability, and a prime location within a rapidly developing area. The lease includes a 10-year option.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $860,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,075,000 Change: +25% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $765,000 Change: -11% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $765,000 Change: -11% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gardendale
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.8256
- Latitude
- 33.6491
- 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
$14,674
$103,760
$175,740
$279,500
-
$518,800
$878,700
$1,397,500
