201 Bragg AveAuburn, AL 36830

Property Details for 201 Bragg Ave

Year built

1940

Construction

WOOD

Lot size

4.23 AC

Property size (Sq ft)

2,711 SF

Property type

Office properties

Property subtype

Office buildings

APN

09-09-30-2-001-149-000

APU

909302001149000

Description

This exceptional 5,500-square-foot office space is ideally situated at 201 Bragg Ave in downtown Auburn, Alabama, 36830. The property offers a blend of creative and traditional office layouts, perfect for a variety of businesses. Recently renovated, the space boasts two bathrooms, one of which is ADA compliant. The building is classified as Class B and features ample onsite parking, accommodating 35-40 vehicles. Additional parking expansion is possible by removing existing sheds. The property includes individual offices and dedicated conference space, providing flexibility for diverse work styles. Outdoor storage or laydown yard space is also available. The landlord is willing to provide build-out services as needed, ensuring a seamless transition for new tenants. This single-tenant space enjoys a highly convenient location within walking distance of Toomer's Corner, offering excellent visibility and accessibility. The property is suitable for retail or office use. This prime Auburn location presents a unique opportunity for businesses seeking a well-appointed and strategically located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $344,823

  6.5%

  $318,298

  7%

  $295,562

• Comparable approach

  Method

  Valuation

  Relative Method

  $528,808

  Geo Method

  $528,808

• Alternative Use

  Use

  Valuation

  Residential

  $394,690

  Hospitality

  $361,534

  Educational

  $300,792

  Medical

  $311,136

  Retail

  $467,898

Location Insight

City

Auburn

County

Lee

State

Alabama

Latitude

32.6104

Longitude

-85.4845

CBSA code

12220

CBSA name

AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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