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Rainsville Medical Office For Sale

83 George Wallace Drive SE Rainsville, AL 35986

83 George Wallace Drive SE, Rainsville, AL, 35986

$499,900

For Sale

$499,900

COMMERCIAL - Rainsville, AL

Property Size3,000 SF

Lot Size0.75 Acres

Price / SF$166.63

AddedFeb 26

Days on Market139

Last RefreshJul 15 at 2:06 am

Property Features for 83 George Wallace Drive SE

General Information

Property type: Commercial Sale
Property subtype: Office
Bathrooms: 3
Rooms: Bathroom 3, Bathroom 2, Bathroom 1
Standard status: Active
APN: 1607250002005.004
Size: 3,000 SF
Lot size: 0.75 Acres

Utilities

Sewer type: Public Sewer
Heating system: Forced Air
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1998
Floors in Building: 1
Flooring type: Carpet, Tile
Roof type: Metal

Listing agent Matthew Woods License #073756

Listing office Southern Properties Agency Inc 311 Gault Avenue N, Fort Payne, AL

Listing date Feb 26, 2026

MLS# 21909838

Investment Insights

Based on property information with market context.

This commercial property in Rainsville, Alabama, presents an opportunity to own a fully built-out medical office. The office space, totaling approximately 3,000 square feet, is designed for clinical use and is suited for medical, dental, or specialty practices, as well as professional healthcare users. The layout is intended to support patient flow, staff productivity, and privacy. The property is located in the heart of Rainsville and serves the greater DeKalb County area. The lot size is 0.75 acres.

Key Highlights

Fully built‑out 3,000 sq ft medical office space.
Prime location in the heart of Rainsville, serving DeKalb County.
Ideal for medical, dental, specialty practice, or professional healthcare user.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$63.0k	$21.00
− Vacancy	−$6.6k	−$2.21
EGI	$56.4k	$18.80
− OpEx	−$22.6k	−$7.52
NOI	$33.8k	$11.28

3,000 SF · lease $21.00/SF/yr · vacancy 10.50% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$483.3K

$422.9K – $563.9K (±1% cap)

NOI $33,831 @ 7.0% cap · market cap 6.77%

Second Best

Office B

$285.8K

$250.1K – $333.5K (±1% cap)

NOI $20,007 @ 7.0% cap · market cap 4.00%

Theoretical Best

—

same as Best Use

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ricky G. Deerman, ... Pediatrician DeKalb Primary Care Pediatrician Katherine Woods, MD, ... Pediatrician

Suggested Use

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3,000 SF medical office in the heart of Rainsville.

83 George Wallace SE Drive, Rainsville, AL 35986

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For sale
Medical Office Space
AL
Rainsville
35986
83 George Wallace Drive SE

What type of property is this?

Medical Office Space - 3,000 SF medical office in the heart of Rainsville.

Where is this medical office space located?

The property is located at 83 George Wallace Drive SE Rainsville, AL.

What is the asking price?

The asking price for this property is $499,900.

What are key features of this property?

This property features: Fully built‑out 3,000 sq ft medical office space.; Prime location in the heart of Rainsville, serving DeKalb County.; Ideal for medical, dental, specialty practice, or professional healthcare user.