Medical Office | 737 Memorial Dr
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Medical Office 737 Memorial Dr
6,500 SF Office Building Bessemer, AL 35022 $595,000 ($92/SF)
Investment Highlights
- High Quality Medical Building
Executive Summary
Fabulous location directly across from UAB Medical West in Bessemer.
6,500+,- SF Building on 1.19 Acre Lot.
Abundant, Easy Parking.
High quality medical buildout.
Ideal for owner user.
Easy access from AL-11 and I-20.
High Quality Tenants UAB Medical West Imaging and Birmingham Hematology.
Gross Annual Income: $185,000
Net Operating Income: $135,000
Current Cap Rate: 15.9%
Excellent Investment on Medical Campus
UAB and Birmingham Hematology relocating.
6,500+,- SF Building on 1.19 Acre Lot.
Abundant, Easy Parking.
High quality medical buildout.
Ideal for owner user.
Easy access from AL-11 and I-20.
High Quality Tenants UAB Medical West Imaging and Birmingham Hematology.
Gross Annual Income: $185,000
Net Operating Income: $135,000
Current Cap Rate: 15.9%
Excellent Investment on Medical Campus
UAB and Birmingham Hematology relocating.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,500 SF
Building Class
C
Year Built/Renovated
1970/2017
Price
$595,000
Price Per SF
$92
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,500 SF
Building FAR
0.13
Land Acres
1.19 AC
Zoning
O1 - Office
Parking
40 Spaces (6.15 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 38-00-19-1-005-007.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $177,500 |
PROPERTY TAXES
Parcel Number
38-00-19-1-005-007.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$177,500
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Medical Office | 737 Memorial Dr
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