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889 Elba Hwy Troy, AL 36079

For Sale
$1,074,000

Medical office building with lease in place through April 2026.

Property size:
4,244 SF

Property Features for 889 Elba Hwy

General Information

Size
4,244 SF

Building Details

Year built
2006

Source: Kenny Whatley Agent Kenny Whatley

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Medical Office Building on Highway

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Tiffany Cross Fabric ... Fabric Store Fernelle Warren Psychologist

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Troy Animal Clinic, Troy Animal Clinic: Hawkins Robert DVM

Location Insight

  • Map
  • Local Demand
City
Troy
County
Pike
State
Alabama
Longitude
-85.961324
Latitude
31.7724746

FAQs

What type of property is this?
Medical office - Medical office building with lease in place through April 2026.
Where is this medical office located?
The property is located at 889 Elba Hwy 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.
More about this property
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