Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3703 Summerville Road Phenix City, AL 36867

    View on Map
    Claim this Listing
    New
    For Lease
    $1,100 /Mo

    COMMERCIAL - Phenix City, AL

    Type:Office
    Lot size:
    0.34 Acres
    Added:
    Apr 21, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 23 at 1:06 am

    Property Features for 3703 Summerville Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Zoning
    COMM
    Parking
    5
    Parking features
    Parking Lot
    Standard status
    Active
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Expense value
    1100
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1993
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Danny Amberson
    Danny Amberson

    Listing agent Danny Amberson License #55400

    Listing office Champions Realty 4800 Armour Rd, Columbus, AL

    Listing date Apr 21, 2026

    MLS# E103638

    Copyright © 2026 East Alabama Board 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.

    Overview

    Phenix City Office Unit Rental

    An office unit is available for rent. The layout includes three offices, a lobby area, and one bathroom. The property is located in Phenix City, Alabama, within Russell County. The lot size is 0.34 acres. The zoning is designated as commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    REMAX Champions Realty Real Estate Agency RE/MAX Champions Realty: ... Real Estate Agency Tiffany's Waxing and beauty ... Spa & Massage Center

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phenix City
    County
    Lee
    State
    Alabama
    Longitude
    -85.015833
    Latitude
    32.496903

    Nearby Similar for Lease

    • Contact for pricing

      Renovated Office Space Available

      Move-in ready office space with modern amenities and ample parking.
      3701 18th Ave, Phenix City, AL 36867
      View Details
    • Contact for pricing

      Phenix City Commercial Space Available

      Commercial space suitable for retail or fast food.
      1803 4th Avenue, Phenix City, AL 36867
      View Details
    • Contact for pricing

      Phenix City Office Space Available

      Office unit for rent featuring multiple offices and amenities.
      3703 Summerville Road unit: A, Phenix City, AL 36867
      View Details
    • $10/mo

      Prime Retail Space on U.S. 280

      High-visibility retail space on U.S. 280, Phenix City, AL.
      1417 U.S. 280, Phenix City, AL 36867
      View Details
    • Contact for pricing

      Retail Space in Phenix City

      Retail space available for lease in Phenix City, Alabama.
      1011 E 12th Place unit: B, Phenix City, AL 36867
      View Details
    • $10/mo

      Prime Retail Location on U.S. 280

      Excellent visibility and accessibility in a high-traffic area.
      1417 U.S. 280, Phenix City, AL 36867
      View Details
    • Contact for pricing

      Phenix City Office Building

      Well-maintained office building with convenient access and ample parking.
      5009 Riverchase Dr, Phenix City, AL 36867
      View Details
    • Contact for pricing

      Established Retail Center on Highway 280

      Retail center with high visibility and easy access on Hwy 280.
      1101 - 1119 East 280 Bypass, Phenix City, AL 36867
      View Details
    • $12/mo

      Phenix City Retail Spaces For Lease

      Retail spaces available along Highway 80 in Phenix City, Alabama.
      3928 U.S. 80, Phenix City, AL 36870
      View Details
    • Contact for pricing

      Retail Center in Phenix City

      Well-located retail center with high visibility and easy access.
      1101 - 1119 East 280 Bypass, Phenix City, AL 36867
      View Details
    • Contact for pricing

      Phenix City Office Suites Available

      Office suites available in Phenix City, near Columbus, GA.
      806 13th St, Phenix City, AL 36867
      View Details
    • $39,600/mo

      Adaptable Commercial Space for Rent

      High-traffic Phenix City location near Synovus Bank and Fort Moore.
      910 13th St, Phenix City, AL 36867
      View Details

    FAQs

    What type of property is this?
    Office units - Office unit with three offices, lobby, and bathroom.
    Where is this office units located?
    The property is located at 3703 Summerville Road Phenix City, AL.
    What is the lease rate?
    The lease rate is $1,100 /Mo.
    What are key features of this property?
    This property features: Three private offices plus a lobby area.; Central heating and air conditioning.; On‑site parking lot.
    (706) 681-0302
    We can help!
    Listing Contact
    Danny Amberson
    Danny Amberson
    Real Estate License ID: 55400
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!