406 Medical Park DrAtmore, AL 36502
- Medical offices
- 4,159 SF
Property Details for 406 Medical Park Dr
- Year built
- 1988
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.72 AC
- Property size (Sq ft)
- 4,159 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 26-09-29-4-011-011.005
- APU
- 2609294011011005
Description
This exceptional retail property, located at 406 Medical Park Dr in Atmore, Alabama, presents a fantastic leasing opportunity. The single-tenant building offers 4,200 square feet of versatile commercial space, ideal for a variety of retail businesses. Situated on a 0.07-acre lot, the property boasts ample parking with 25 spaces available for customers and employees. The convenient location in Atmore, Escambia County, ensures high visibility and accessibility. The property is zoned B-1, allowing for a range of commercial uses. This is a turn-key opportunity for a business seeking a well-maintained space in a thriving community. The property's size and parking make it suitable for businesses requiring significant customer traffic and convenient parking. The address is 406 Medical Park Dr, Atmore, AL 36502. The property is ready for immediate occupancy. Interested parties should inquire about lease terms and conditions. This is a rare opportunity to secure a prime retail location in a growing market. The property's location and zoning make it an attractive investment for businesses seeking a strong presence in Atmore. The ample parking ensures a positive customer experience.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $638,376
- 6.5%
- $589,270
- 7%
- $547,179
-
Comparable approach
- Method
- Valuation
- Relative Method
- $281,489
- Geo Method
- $295,663
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,114,100
- Retail / Commercial
- $580,316
- Mixed-Use / Specialty
- $585,350
- Hospitality / Lodging
- $438,699
- Institutional / Educational
- $611,066
- Residential Income
- $714,947
- Multifamily
- $818,095
- Automotive / Energy
- $523,771
- Parking / Income-Based Land
- $173,730
- Restaurant / Food Service
- $319,603
- Healthcare / Senior Housing
- $592,982
Location Insight
- City
- Atmore
- County
- Escambia
- State
- Alabama
- Latitude
- 31.0171
- Longitude
- -87.4801
- CBSA code
- 12120
- CBSA name
- ATMORE, AL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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