177 Technology PkwyAuburn, AL 36830

Property Details for 177 Technology Pkwy

Year built

1998

Lot size

11.49 AC

Property size (Sq ft)

28,564 SF

Property type

Office buildings

APN

19-06-14-0-000-005-004

APU

1906140000005004

Description

This exceptional 28,955-square-foot industrial property, located at 177 Technology Pkwy in Auburn, Alabama, presents a unique owner-user opportunity. Situated on an expansive 11.49-acre lot, this Class B building, constructed in 1998 and renovated in 2024, is currently vacant and in shell condition, offering a blank canvas for customization. Previously occupied by ACI Worldwide as offices and a call center, the property boasts a single story and features ample parking (138 stalls), an elevator, two chillers, a generator, and a dock-high door. Multiple large bathrooms are also included. The property benefits from its strategic location off I-85, between Atlanta and Montgomery, with excellent access to major highways and high daily traffic counts (15,900 on US 29/S. College). Its permitted industrial zoning allows for a variety of uses, making it an ideal investment for businesses seeking a versatile and well-equipped space in a thriving location. The property's proximity to amenities such as dining, shopping, and daycares further enhances its appeal. This fee-simple ownership opportunity offers significant potential for growth and expansion.

• CAP approach

  CAP return

  Valuation

  6%

  $3,633,170

  6.5%

  $3,353,695

  7%

  $3,114,145

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,571,694

  Geo Method

  $5,571,694

• Alternative Use

  Use

  Valuation

  Residential

  $4,158,582

  Hospitality

  $3,809,238

  Educational

  $3,169,242

  Medical

  $3,278,237

  Retail

  $4,929,932

Location Insight

City

Auburn

County

Lee

State

Alabama

Latitude

32.5447

Longitude

-85.5162

CBSA code

12220

CBSA name

AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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