1801 Market StOpelika, AL 36801

Property Details for 1801 Market St

Year built

1973

Lot size

1.27 AC

Property size (Sq ft)

10,675 SF

Property type

Retail properties

Property subtype

Other retail properties

APN

10-03-05-2-000-007-000

APU

1003052000007000

Description

This exceptional 10,675-square-foot flex space in Opelika, Alabama, offers immediate occupancy for multiple tenants. The single-story building features 14-foot ceiling heights (12' at the eave), one drive-in door, and both 2 and 3-phase power. Units are a minimum of 2,728 square feet. Each space includes convenient amenities such as HVAC, a roll-up door, firewalls, and restrooms. The property's strategic location provides excellent access to a thriving business community, including East Alabama Tractor Trailer & Equipment, Hudmon Construction, the Army National Guard, and West Frazier Opelika Lumber Mill. Its proximity to Southern Union Community College, with its approximately 4,386 students, ensures a robust local workforce and consumer base. The property benefits from its convenient location, approximately 2 miles from I-85 (with approximately 34,670 AADT traffic counts), and approximately 11.4 miles from Auburn University, further enhancing its accessibility and appeal. This prime location offers significant advantages for businesses seeking a versatile and well-connected space in a growing market. The property is situated in Lee County.

• CAP approach

  CAP return

  Valuation

  6%

  $1,995,960

  6.5%

  $1,842,425

  7%

  $1,710,823

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,247,309

  Geo Method

  $5,247,309

• Alternative Use

  Use

  Valuation

  Residential

  $1,554,154

  Hospitality

  $1,423,597

  Educational

  $1,184,416

  Medical

  $1,225,150

  Retail

  $1,842,425

Location Insight

City

Opelika

County

Lee

State

Alabama

Latitude

32.6702

Longitude

-85.3667

CBSA code

12220

CBSA name

AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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