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Medical Office Building with Lobby
For Sale
$525,000

508 Gregory Street, Scottsboro, AL 35768

Business Opportunity, Scottsboro, AL

Property Size7,500 SF
Lot Size0.25 Acres
Price / SF$70
Days on Market48

Property Features for 508 Gregory Street

General Information

Property type Residential
Property subtype Office
Zoning description Commercial
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 8, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 6, Bathroom 7, Bathroom 4
Directions Going East On Highway 72, Turn Left Onto Porter Road, Turn Left Onto Gregory Street, Building Will Be On The Left.
Standard status Active
Size 7,500 SF
Lot size 0.25 Acres

Utilities

Sewer type Public Sewer
Water source Public

Amenities

fiber internet
security cameras
security system
keypad entry
storage shed

Building Details

Floors in Building 1
Flooring type Tile, Vinyl, Carpet
Listing Agency: Rosenblum Realty, Inc.
Listed By: Kristin Milam · License #145729
Added: Jul 25 Changed: Sep 7 Last Checked: Sep 10 at 1:06AM
MLS# 21924790

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Investment Insights

Based on property information with market context.

This 7,500-square-foot medical office property occupies 0.25 acres and provides a broad mix of clinical and administrative spaces. The interior includes multiple exam and office rooms, three recreation rooms, including one with a kitchenette, eight private restrooms, a file room, and a dedicated reception lobby. Carpet, vinyl, and tile flooring are installed throughout.

Located in Scottsboro’s established medical district at 508 Gregory Street, the property is served by public water and public sewer. Recent improvements include new windows, multiple HVAC units, and newer sewer lines. Fiber internet, security cameras, a security system, keypad entry, and a storage shed are also included, supporting medical or professional occupancy.

Key Highlights

  • 7,500‑square‑foot medical office property on 0.25 acres
  • Three recreation rooms, including one with a kitchenette
  • Eight private restrooms plus multiple exam and office rooms

Property Analytics

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Current Use

Barrett Laura D Counselor Boxley Sarah MD Physician Paula D. Reynolds, ... Physician Kimberly B. Neal, ... Counselor Mountain Lakes Behavioral ... Medical Clinic

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Restaurant Law Firm Hair Salon

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

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby
Balanced
Demand for This Use

Demographics for 35768, AL

11,436
Population
5,460
Households
2.1
Avg Household Size
43
Median Age
16%
College-Educated
82%
High-School Grad
172.3 sq mi
ZIP Area
66
Density / Sq Mi
$47,612
Median Household Income
$34,057
Median Earnings
$791
Median Rent
$132,800
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
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Similar Off Market Nearby

  • Parkview Animal Wellness 913 S Broad St, Scottsboro, AL 35768

Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured with exam rooms, recreation areas, private restrooms, and updated building systems.
Where is this medical office space located?
The property is located at 508 Gregory Street Scottsboro, AL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 7,500‑square‑foot medical office property on 0.25 acres; Three recreation rooms, including one with a kitchenette; Eight private restrooms plus multiple exam and office rooms
More about this property
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