1615 21St CtPhenix City, AL 36867
- Healthcare properties
- 2,400 SF
Property Details for 1615 21St Ct
- Year built
- 1988
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.18 AC
- Property size (Sq ft)
- 2,400 SF
- Zone code
- O
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 05 02 10 03 303 025.000
- APU
- 5021003303025000
Description
This exceptional 2,400-square-foot freestanding building in Phenix City, Alabama, presents a compelling investment opportunity. Priced at $285,000 ($118.75/SF), this single-story, Class C office building, constructed in 1988, sits on a 0.19-acre lot (APN: 05 02 10 03 303 025.000). Ideally suited for medical or traditional office use, the property boasts ample parking for staff and visitors, ensuring convenient access for clients and patients. The interior layout includes multiple exam rooms, a lab room, a private office with its own bathroom, a reception area with a waiting room/lobby, public restrooms, a staff lounge, and additional storage. Its prime location offers easy access to major roadways like Crawford Road, US-80, and US Highway 280, enhancing its appeal. Nearby amenities include CVS and Walgreens pharmacies, a Dialysis Clinic, and Liberty Hill Apartments, further adding to its convenience and desirability. This property represents a rare chance to acquire a well-maintained, versatile office space in a thriving location. The building's adaptable design and convenient location make it an attractive option for a variety of businesses. This is a turnkey opportunity for an owner-user or investor seeking a strong return on investment in a high-demand area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $305,266
- 6.5%
- $281,784
- 7%
- $261,656
-
Comparable approach
- Method
- Valuation
- Relative Method
- $468,144
- Geo Method
- $468,144
-
Alternative Use
- Use
- Valuation
- Residential
- $349,412
- Hospitality
- $320,059
- Educational
- $266,286
- Medical
- $275,444
- Retail
- $414,222
Location Insight
- City
- Phenix City
- County
- Russell
- State
- Alabama
- Latitude
- 32.4765
- Longitude
- -85.0238
- CBSA code
- 17980
- CBSA name
- COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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