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28193882
28193899

50 Cropwell Dr, Pell City, AL 35128 For Sale

KC
AL 000124859 - 1
Lightpoint
Listed by Lightpoint
$845,000
251 days on market
Updated 124 days ago

50 Cropwell Drive - Pell City

Details
Property Type Office
Sub Type Medical Office
Square Footage 6,000
Net Rentable (SqFt) 3,000
Units 2
Cap Rate 8.52%
NOI $72,000
Tenancy Multi
Lease Type NNN
Lease Term 10
Lease Expiration 11/18/2030
Remaining Term 4.3
Price per SqFt $141
Broker Co-Op Yes
Class B
Year Built 2009
Acreage 0.460
Investment Type Owner/User
Lease Commencement 11/19/2020
Occupancy Date 11/10/2025
Sale Condition For sale by owner

Office | 8.52% CAP | 6,000 SqFt

Marketing description

🏢 50 Cropwell Dr | Pell City, AL 35128

For Sale — $925,000 | ±6,000 SF | ±0.46 AC

Discover a rare opportunity to own a highly versatile medical/office property located in the heart of Pell City, just minutes from Logan Martin Lake. This 6,000 SF freestanding building offers a perfect blend of stabilized income and future potential, with 50% leased to Pediatric Dental Associates (PDA)—a long-standing regional operator—and 50% in shell condition, ready for a new tenant or owner occupancy.


Investment & Occupancy Highlights

  • Offered at $925,000

  • Building Size: ±6,000 SF

  • Lot Size: ±20,038 SF (±0.46 AC)

  • Occupancy: 50% leased to Pediatric Dental Associates | 50% shell

  • Current NOI: ±$72,000 (with additional PDA occupancy)

  • Lease Term Remaining: ~5 years (through November 2030)

  • Annual Rent Escalations: 1% | One 5-Year Renewal Option


Property Features

  • Purpose-built medical construction with flexible layout

  • Established healthcare corridor near Logan Martin Lake

  • Ideal for medical, dental, or professional office users

  • Strong visibility and easy access from Cropwell Dr.

  • Ample parking and excellent curb appeal

  • Can be acquired as an income-producing investment or owner-user opportunity


Location Overview

Pell City is a growing community in the Birmingham MSA, benefiting from expanding residential development, healthcare demand, and proximity to major transportation corridors. The property’s location near Logan Martin Lake provides excellent exposure to both local and regional clientele.

Listing Contacts

KC
AL 000124859 - 1
Lightpoint
Listed by Lightpoint

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$72,000.00
$6,000.00/mo

Valuation Metrics

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DSCR
8.52%
Cap Rate
8.52%
ROI

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