Bar and Pub with Outdoor
11186 AL HIGHWAY 51, Opelika, AL 36804
For Sale
$429,999
CommercialSale, Opelika, AL
Property Size3,084 SF
Lot Size2.24 Acres
Price / SF$139.43
Days on Market80
Property Features for 11186 AL HIGHWAY 51
General Information
Property type
Property subtype
Lot features
Directions
Subdivision
Standard status
Size
Lot size
Amenities
covered porch entrance
ceiling fans
wall-mounted TVs
Building Details
Year built
Buildings
Listing Agency:
CAST AND KEY REALTY LLC
Listed By:
STEPHANIE CANNON · License AL #177843
(334) 703-2810
Added: Aug 25
Changed: Nov 11
Last Checked: Nov 12 at 6:06AM
MLS# 182062
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.
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Investment Insights
Based on property information with market context.
This 3,084-square-foot bar and pub property occupies 2.24 acres and was built in 1930. Interior features include a handcrafted stained-pine bar, booths, tables, chairs, ceiling fans, wall-mounted TVs, and a sprinkler system. The building also has stainless-steel prep areas and a separate stainless-steel-walled room equipped with a commercial-grade vented hood and fire-suppression system. A covered porch marks the entrance, and a 16-by-36-foot patio extends the usable space outdoors.
The property fronts AL Highway 51 near Whatley's Crossroads, just south of Beauregard. Traffic is reported at approximately 5,000 vehicles per day. Auburn, Phenix City, and I-85 North are each about 20 minutes away.
The property fronts AL Highway 51 near Whatley's Crossroads, just south of Beauregard. Traffic is reported at approximately 5,000 vehicles per day. Auburn, Phenix City, and I-85 North are each about 20 minutes away.
Key Highlights
- 3,084‑square‑foot building on 2.24 acres
- 16' x 36' outdoor patio and covered porch entrance
- Stainless‑steel prep areas and a commercial‑grade vented hood
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,036
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,720
$680.7K
Cap Rate 7%
$486,229
$486.2K
Cap Rate 9%
$378,178
$378.2K
Market Conditions
NOI Build-Up for 3,084 SF
Gross rent
$49.2K $15.96/SF
− Vacancy
−$3.8K −$1.24/SF
EGI
$45.4K $14.72/SF
− OpEx
−$11.3K −$3.68/SF
NOI
$34.0K $11.04/SF
Area
Lee County, AL
Vacancy
7.80%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,720
Cap Rate 7%
$486,229
Cap Rate 9%
$378,178
Alternative Uses
Best Use
Specialty Retail
$486.2K
$425.5K – $567.3K
NOI $34,036 @ 7.0% cap · market cap 7.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$752.2K
$658.2K – $877.5K
NOI $52,652 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
5,000 VPD
Traffic count
Yes
Sprinkler system
Yes
Paved road access
Yes
Utilities to site
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36804, AL
20,687
Population
8,515
Households
2.4
Avg Household Size
39
Median Age
32%
College-Educated
86%
High-School Grad
197.2 sq mi
ZIP Area
105
Density / Sq Mi
$57,842
Median Household Income
$42,942
Median Earnings
$802
Median Rent
$178,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Bar & Pub - Food-service improvements include stainless-steel prep areas, a vented commercial hood, and fire suppression.
Where is this bar & pub located?
The property is located at 11186 AL HIGHWAY 51 Opelika, AL.
What is the asking price?
The asking price for this property is $429,999.
What are key features of this property?
This property features: 3,084‑square‑foot building on 2.24 acres; 16' x 36' outdoor patio and covered porch entrance; Stainless‑steel prep areas and a commercial‑grade vented hood
