1848 Opelika RdAuburn, AL 36830

Property Details for 1848 Opelika Rd

Year built

1991

Construction

WOOD

Lot size

0.24 AC

Property size (Sq ft)

2,394 SF

Property type

Office properties

Property subtype

Office buildings

APN

09-05-21-1-000-042-000

APU

905211000042000

Description

This exceptional 5,000 square foot commercial property, located at 1848 Opelika Road in Auburn, Alabama (zip code 36830), presents a unique investment opportunity. The building is classified as Class B and offers a versatile layout suitable for a variety of commercial uses, including retail, traditional office, flex space, and even warehouse applications. The property features two 2,500 square foot levels, providing ample space for diverse business needs. The lower level boasts a convenient 10' x 8' roll-up door, perfect for loading and unloading, and benefits from a generous 9'5" clear ceiling height. Its prime location on Opelika Road ensures excellent visibility and accessibility, further enhanced by a prominent pylon sign already in place. The asking price for this multi-use property is $750,000. This presents a strong opportunity for investors seeking a flexible and well-positioned commercial asset in a thriving Alabama market. The property's adaptability makes it an attractive option for a wide range of businesses seeking a strategic location with high visibility and functional space.

• CAP approach

  CAP return

  Valuation

  6%

  $304,502

  6.5%

  $281,079

  7%

  $261,002

• Comparable approach

  Method

  Valuation

  Relative Method

  $466,974

  Geo Method

  $466,974

• Alternative Use

  Use

  Valuation

  Residential

  $348,538

  Hospitality

  $319,259

  Educational

  $265,620

  Medical

  $274,755

  Retail

  $413,186

Location Insight

City

Auburn

County

Lee

State

Alabama

Latitude

32.627

Longitude

-85.4412

CBSA code

12220

CBSA name

AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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