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Medical Center with Surgical Suite
For Sale
$399,900

1103 County Road 359, Crossville, AL 35962

Business Opportunity, Crossville, AL

Property Size2,835 SF
Lot Size5.70 Acres
Price / SF$142.82
Days on Market56

Property Features for 1103 County Road 359

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business, Commercial
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bathroom 1
Parking features Driveway
Subdivision Metes And Bounds
Directions From Hwy 431, Turn Onto Alabama Hwy 68 East Toward Crossville. Continue On Hwy 68, Then Turn Left Onto County Road 359. Stay On County Road 359, And 1103 County Road 359 Will Be On Your Left
Standard status Active
APN 3001010000019018
Size 2,800 SF
Lot size 5.70 Acres

Utilities

Sewer type Septic Tank
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

reception, exam and meeting rooms
three restrooms
full kitchen
studio apartment with full bath
surgical suite
radiography
lab
kennels and runs

Building Details

Floors in Building 2
Flooring type Concrete
Roof type Metal
Listing Agency: South Towne Realtors, LLC
Listed By: Trenten Hammond · License #126012
Added: Aug 20 Changed: Oct 13 Last Checked: Oct 14 at 12:06AM
MLS# 21926926

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Investment Insights

Based on property information with market context.

This two-story medical center was built in 2018 and includes a surgical suite, radiography area, laboratory, kennels, and runs. The facility provides reception, examination and meeting rooms, three restrooms, a full kitchen on the lower level, and a studio apartment with a full bath upstairs. Concrete flooring, central air, electric heat, a metal roof, public water, and septic service are also in place.

The property encompasses 5.70 acres off Hwy 68 near Crossville, with level ground that supports the existing outdoor runs. Boarding and grooming uses are identified in the property information, adding flexibility beyond the medical-center improvements. Access is provided by a driveway, and the property address is 1103 County Road 359, Crossville, AL 35962.

Key Highlights

  • Surgical suite, radiography area, laboratory, kennels, and runs convey
  • 2018‑built two‑story medical center on 5.70 acres
  • Reception, examination rooms, meeting rooms, and three restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,576
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,520 $631.5K
Cap Rate 7%
$451,086 $451.1K
Cap Rate 9%
$350,844 $350.8K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$58.8K $21.00/SF
− Vacancy
−$6.2K −$2.21/SF
EGI
$52.6K $18.80/SF
− OpEx
−$21.1K −$7.52/SF
NOI
$31.6K $11.28/SF
Area
DeKalb County, AL
Vacancy
10.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,520
Cap Rate 7%
$451,086
Cap Rate 9%
$350,844

Alternative Uses

Best Use
Healthcare Medical
$451.1K
$394.7K – $526.3K (±1% cap)
NOI $31,576 @ 7.0% cap · market cap 7.90%
Second Best
Office B
$266.8K
$233.4K – $311.2K (±1% cap)
NOI $18,673 @ 7.0% cap · market cap 4.67%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Medical centers

Suggested Use

Top Pick Veterinary Clinic Car Rental Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 35962, AL

7,445
Population
3,417
Households
2.2
Avg Household Size
37
Median Age
13%
College-Educated
76%
High-School Grad
71.5 sq mi
ZIP Area
104
Density / Sq Mi
$58,000
Median Household Income
$33,146
Median Earnings
$749
Median Rent
$130,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Medical center - 2018 facility includes radiography, laboratory, kennels, and outdoor runs.
Where is this medical center located?
The property is located at 1103 County Road 359 Crossville, AL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Surgical suite, radiography area, laboratory, kennels, and runs convey; 2018‑built two‑story medical center on 5.70 acres; Reception, examination rooms, meeting rooms, and three restrooms
More about this property
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