Medical Office Building on
For Sale
$1,074,000
889 Elba Highway, Troy, AL 36079
Medical office building with lease in place through April 2026.
Property Size4,244 SF
Price / SF$253.06
Days on Market281
Property Features for 889 Elba Highway
General Information
Standard status
Active
Size
4,244 SF
Class
B
Property subtype
Office
Building Details
Building Size
4,244 SF
Year Built
2006
Listing Agency:
NAI TALCOR
(334) 596-7890
Listed By:
Kenny Whatley · License #AL #000058211-0
(334) 596-7890
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Aug 26
Last Checked: Aug 29 at 8:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI TALCOR
Investment Insights
Based on property information with market context.
This medical office building in Troy, Alabama, offers an investment or owner/user opportunity. Constructed in 2006, the building encompasses 4,244 square feet on 0.92 acres, with an adjacent 2.67-acre lot included in the sale, totaling 3.6 acres. The property is located on a prominent corner along AL Hwy 87, providing 564 feet of frontage. The property is leased to Dermatology Solutions Group through April 2026, with an annual gross rent of $56,889. The location is less than 1 mile from Hwy 231, which had an annual average daily traffic count of nearly 30,000 vehicles in 2023. Situated at the intersection of Highway 87 and Spradley Drive, the property benefits from high visibility and accessibility. The surrounding area along Hwy 87 includes medical practices such as Troy Eye Care, Oak Park Dental, Enhabit Hospice, Troy Health & Rehab Center, and Trulove Orthodontics. A new single-family subdivision, The Summit at Oak Park, is under construction across the street. The property is located in Troy, home to Troy University, which has over 200 student clubs and organizations and an alumni network of more than 175,000 individuals. Highway 87 has an annual average daily traffic count of 15,071 vehicles per day.
Key Highlights
- Stable Income: Leased to Dermatology Solutions Group through April 2026, generating $56,889 annual gross rent.
- Prime Location: Prominent corner lot on AL Hwy 87 with 564 feet of frontage and high visibility.
- Significant Acreage: Sale includes two parcels totaling 3.6 acres.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 36079, AL
9,624
Population
4,610
Households
2.1
Avg Household Size
38
Median Age
30%
College-Educated
86%
High-School Grad
187.5 sq mi
ZIP Area
51
Density / Sq Mi
$57,551
Median Household Income
$35,144
Median Earnings
$969
Median Rent
$166,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office building with lease in place through April 2026.
Where is this medical office space located?
The property is located at 889 Elba Highway Troy, AL.
What is the asking price?
The asking price for this property is $1,074,000.
What are key features of this property?
This property features: Stable Income: Leased to Dermatology Solutions Group through April 2026, generating $56,889 annual gross rent.; Prime Location: Prominent corner lot on AL Hwy 87 with 564 feet of frontage and high visibility.; Significant Acreage: Sale includes two parcels totaling 3.6 acres.
