341 Greeno RdFairhope, AL 36532

Property Details for 341 Greeno Rd

Year built

2008

Lot size

0.92 AC

Property size (Sq ft)

34,370 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

46-04-17-1-000-001

APU

4604171000001

Description

This exceptional 3,045 square foot medical office suite is located on the second floor of the prestigious Gulf Orthopedic building in Fairhope, Baldwin County. The space is immediately available and boasts a highly desirable location, perfect for a variety of medical practices. The suite is fully equipped and ready for occupancy, featuring six exam rooms, four private offices, a dedicated lab room, a spacious waiting area, a staff kitchen and break room, and a reception area. The efficient layout is designed to optimize workflow and enhance patient care. The building offers convenient access and ample parking. This turnkey solution eliminates the need for extensive renovations, allowing for a quick and seamless transition for new tenants. The minimum divisible space is 3,045 square feet, and the maximum contiguous space available is also 3,045 square feet. The total building size is 32,000 square feet, indicating a well-established and thriving medical environment. Please note that there are restrictions on tenant types; chiropractic, orthopedic, and podiatry practices are not permitted. Pass-throughs are estimated at $6.64 per square foot. This is a rare opportunity to secure a well-appointed medical office suite in a prime Fairhope location. Inquire today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $4,654,888

  6.5%

  $4,296,820

  7%

  $3,989,904

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,326,229

  Geo Method

  $2,443,363

• Alternative Use

  Use

  Valuation

  Residential

  $5,328,057

  Hospitality

  $4,880,472

  Educational

  $4,060,495

  Medical

  $4,200,142

  Retail

  $6,316,326

Location Insight

City

Fairhope

County

Baldwin

State

Alabama

Latitude

30.5305

Longitude

-87.8866

CBSA code

19300

CBSA name

DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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