1701 Pepperell PkwyOpelika, AL 36801
- Retail properties
- 1,386 SF
Property Details for 1701 Pepperell Pkwy
- Year built
- 2000
- Lot size
- 0.22 AC
- Property size (Sq ft)
- 1,386 SF
- Property type
- Retail properties
- Property subtype
- Other car washes
- APN
- 09-06-13-1-001-085-000
- APU
- 906131001085000
Description
This vacant 1,386 square foot car wash located at 1701 Pepperell Pkwy, Opelika, Alabama 36801, is a prime investment opportunity. The property sits on a 0.22-acre lot and is zoned C-3, offering flexibility for various uses. Currently vacant, the building is a Class D retail/special purpose property with a fee simple ownership. All existing equipment has been removed, presenting a blank canvas for a new owner. The location boasts high visibility and convenient access, situated near a rapidly expanding area with more than 18,500 vehicles passing daily. A full access curb cut on Pepperell Parkway ensures easy ingress and egress. This property is located within an Opportunity Zone, potentially offering significant tax advantages. The asking price is $190,000. The net rentable square footage is 1,386 square feet. This is a single-unit property. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $259,148
- 6.5%
- $239,213
- 7%
- $222,127
-
Comparable approach
- Method
- Valuation
- Relative Method
- $681,290
- Geo Method
- $681,290
-
Alternative Use
- Use
- Valuation
- Residential
- $201,785
- Hospitality
- $184,834
- Educational
- $153,780
- Medical
- $159,069
- Retail
- $239,213
Location Insight
- City
- Opelika
- County
- Lee
- State
- Alabama
- Latitude
- 32.6391
- Longitude
- -85.3957
- CBSA code
- 12220
- CBSA name
- AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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