Property profile

925 Sharit Ave Gardendale, AL 35071

OFF-MARKET
Office Spaces
Property ID
US03-0405563
10,090 SF 0.99 ac lot Built 2005
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional medical office building, located at 925 Sharit Avenue in Gardendale, Alabama, presents a unique investment opportunity. The property is classified as a multi-tenant office building specifically designed to cater to medical practices. Situated in the thriving city of Gardendale, zip code 35071, this building enjoys an excellent location, offering convenient access for patients and staff alike. The precise geographic coordinates are 33.6494047 latitude and -86.8145071 longitude. The building's address is clearly identified as 925 Sharit Ave. The property type is officially designated as "Office," with a subtype specifically noted as "Medical." This designation highlights its suitability for a variety of medical professionals and healthcare-related businesses. The multi-tenant nature of the building provides flexibility for different sized practices or allows for expansion within the same complex. Further details regarding the specific layout, square footage, and lease terms are available upon request. This property represents a strong investment opportunity in a growing Alabama market. Interested parties are encouraged to inquire for a comprehensive property prospectus. The building's strategic location in Gardendale makes it an attractive option for medical professionals seeking a well-established and accessible location to serve their patients.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2005
Total area 10,090 SF
Lot 0.99 ac (42,910 SF)
Zoning code CP
APN 14-00-14-1-001-005.003
UPID US03-0405563

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
  • Bank Credit Union
  • Dental Office
  • Financial Advisor
  • Dental Office
  • Financial Advisor

Location

925 Sharit Ave Gardendale, AL 35071-5000
Gardendale metro Census 11707 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.51M
Blend (final) Blend
$2.41M

Owner & transaction history

since 2022
Last sale
$2.7M
4 recorded transactions
2022
$2.7M
2019
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CP · Gardendale, AL
Zoning description

.................................. 6-24 §6.13. lnst-3 Institutional District ................................................................................................................................ 6-26 §6.14. CP…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Restaurant $2.6M +117.5%
Apartment house (5+ units) $2.0M +69.3%
Medical building $1.6M +35.6%

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
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