1425 Greenbrier Dear RdAnniston, AL 36207

Property Details for 1425 Greenbrier Dear Rd

Year built

2000

Construction

BRICK

Lot size

0.61 AC

Property size (Sq ft)

3,002 SF

Property type

Office buildings

APN

21-05-16-3-001-017.036

APU

2105163001017036

Description

This exceptional 2,845-square-foot medical office building presents a unique investment opportunity in Anniston, Alabama. Located at 1425 Greenbrier Dear Rd, 36207, this well-maintained, single-story brick building boasts a prime location in a dense residential area with excellent traffic flow. Situated near the thriving community of Oxford, Alabama, this property benefits from a growing and supportive market. The building's design is perfectly suited for medical practices, featuring efficient office and exam room layouts. Access is convenient, with frontage on a five-lane road ensuring high visibility. Ample parking is provided with 19 spaces. The property sits on a 0.54-acre lot and is zoned for CBD use. Built in 2000, this Class B building offers a single story and is currently vacant, presenting a blank canvas for a new tenant or owner-user. The asking price is $399,500, representing a fee simple ownership. This is a rare opportunity to acquire a well-designed, easy-to-manage medical office building in a high-growth area. The property is ready for immediate occupancy. Don't miss this chance to own a unique asset in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $634,936

  6.5%

  $586,095

  7%

  $544,231

• Comparable approach

  Method

  Valuation

  Relative Method

  $488,996

  Geo Method

  $585,570

• Alternative Use

  Use

  Valuation

  Residential

  $726,758

  Hospitality

  $665,706

  Educational

  $553,860

  Medical

  $572,908

  Retail

  $861,559

Location Insight

City

Anniston

County

Calhoun

State

Alabama

Latitude

33.6302

Longitude

-85.8074

CBSA code

11500

CBSA name

ANNISTON-OXFORD, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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