Corner Brick Retail/Service
For Sale
$160,000
301 4TH Street S, Opelika, AL 36801
COMMERCIAL - OPELIKA, AL
Property Size1,344 SF
Lot Size0.44 Acres
Price / SF$119.05
Days on Market62
Property Features for 301 4TH Street S
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From Downtown Opelika, travel south on South 4th Street. Continue to the intersection of South 4th Street and Avenue B. Property is located on the corner and is known locally as the former Renee's Mod Shop.
Subdivision
Lee County
Standard status
Active
Size
1,344 SF
Lot size
0.44 Acres
Listing Agency:
PHOENIX REAL ESTATE FIRM LLC
(334) 610-3414
Listed By:
ZANDRA DAVIS · License #000088129
(334) 610-3414
Added: Jun 4
Last Checked: Aug 4 at 1:06PM
MLS# 180864
Copyright © 2026 Lee County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick commercial building offers a storefront-style layout and the flexibility to support a range of uses, including retail, office, or service-based operations. The property includes a paved parking area and is being sold as-is.
The site sits on a prominent corner lot at the intersection of South 4th Street and Avenue B in Opelika, Alabama, with access designed around nearby thoroughfares and the downtown area.
With its street-facing configuration and on-site parking, the property can be a practical fit for an owner-operator looking for a visible commercial presence, or for investors seeking a straightforward redevelopment candidate. Prospective buyers should perform their own due diligence regarding zoning, utilities, square footage, and any intended use prior to closing.
The site sits on a prominent corner lot at the intersection of South 4th Street and Avenue B in Opelika, Alabama, with access designed around nearby thoroughfares and the downtown area.
With its street-facing configuration and on-site parking, the property can be a practical fit for an owner-operator looking for a visible commercial presence, or for investors seeking a straightforward redevelopment candidate. Prospective buyers should perform their own due diligence regarding zoning, utilities, square footage, and any intended use prior to closing.
Key Highlights
- Former Renee's Mod Shop brick commercial building with decades of local history
- Located on a prominent corner lot at the intersection of South 4th Street and Avenue B in Opelika
- Storefront layout designed for commercial use
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.2k | $15.00 |
| − Vacancy | −$2.1k | −$1.55 |
| EGI | $18.1k | $13.46 |
| − OpEx | −$5.4k | −$4.04 |
| NOI | $12.7k | $9.42 |
1,344 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$180.8K
$158.2K – $211.0K
NOI $12,658 @ 7.0% cap · market cap 7.91%
Second Best
Industrial
$88.5K
$77.5K – $103.3K
NOI $6,198 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$327.8K
$286.8K – $382.4K
NOI $22,946 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
876
Businesses Nearby
71k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 41%
Burger King
Dining
16,480 visits/mo
0.5 miles
Circle K
Shops & Services
14,118 visits/mo
0.5 miles
Dollar Tree
Shops & Services
9,583 visits/mo
0.4 miles
Guthrie's
Dining
7,951 visits/mo
0.5 miles
Wells Fargo
Shops & Services
6,122 visits/mo
0.3 miles
Demographics for 36801, AL
24,590
Population
11,363
Households
2.2
Avg Household Size
38
Median Age
33%
College-Educated
89%
High-School Grad
78.3 sq mi
ZIP Area
314
Density / Sq Mi
$58,256
Median Household Income
$39,018
Median Earnings
$926
Median Rent
$211,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Hughley Garage & Services — 415 Martin Luther King Blvd, Opelika, AL 36801
- Shamrock Automotive — 1514 2nd Ave, Opelika, AL 36801
- Keith's Restorations — 408 clanton st, opelika, al 36801
- Integrity Auto Service — 1007 Geneva St, Opelika, AL 36801
- (Mobile Service Only) Rod's Roadside Service — Marvyn Pkwy, Opelika, AL 36804
Frequently Asked Questions
What type of property is this?
Auto shop - Brick storefront building with paved parking on a prominent corner lot, suited for retail, office, or service uses.
Where is this auto shop located?
The property is located at 301 4TH Street S Opelika, AL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Former Renee's Mod Shop brick commercial building with decades of local history; Located on a prominent corner lot at the intersection of South 4th Street and Avenue B in Opelika; Storefront layout designed for commercial use
