Victorian Office
114 N 9th St Opelika, AL 36801
114 N 9th St, Opelika, AL, 36801
$819,900
For Sale
$819,900
Victorian-style office building with lobby, multiple private offices, kitchen, and restrooms on both main and upper floors.
Property Size4,770 SF
Price / SF$171.89
Days on Market310
Property Features for 114 N 9th St
General Information
- Standard status
- Active
- Size
- 4,770 SF
Listing agency
THE BROWN AGENCY
(334) 745-3584
Listed by
BILL BROWN
Source
Exprealty
Added: Sep 15, 2025 Updated: Jul 20 at 9:18PM Checked: Jul 20 at 9:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of THE BROWN AGENCY
Investment Insights
Based on property information with market context.
Victorian office building in Opelika’s Downtown Historic District featuring a main-floor receptionist and lobby entry, conference room, private office, kitchen, clerical area, and two restrooms. The upstairs level includes four private offices and two additional restrooms.
The property is described as having excellent visibility and traffic count, supporting day-to-day client access and walk-in appeal for office users.
Overall, the layout is well-suited for professional tenants seeking a mix of reception, individual offices, and shared support space across two floors.
The property is described as having excellent visibility and traffic count, supporting day-to-day client access and walk-in appeal for office users.
Overall, the layout is well-suited for professional tenants seeking a mix of reception, individual offices, and shared support space across two floors.
Key Highlights
- Victorian‑style office building in the Downtown Historic District of Opelika
- Main floor includes receptionist/lobby entrance, conference room, private office, kitchen, clerical area, and 2 restrooms
- Upstairs features 4 private offices and 2 restrooms
Local Financial Insights For Office B
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 | $95.6k | $20.04 |
| − Vacancy | −$16.7k | −$3.51 |
| EGI | $78.9k | $16.53 |
| − OpEx | −$19.7k | −$4.13 |
| NOI | $59.1k | $12.40 |
4,770 SF · lease $20.04/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$845.0K
$739.3K – $985.8K
NOI $59,147 @ 7.0% cap · market cap 7.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,436 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Alsobrook Law Group
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Victorian-style office building with lobby, multiple private offices, kitchen, and restrooms on both main and upper floors.
Where is this office building located?
The property is located at 114 N 9th St Opelika, AL.
What is the asking price?
The asking price for this property is $819,900.
What are key features of this property?
This property features: Victorian‑style office building in the Downtown Historic District of Opelika; Main floor includes receptionist/lobby entrance, conference room, private office, kitchen, clerical area, and 2 restrooms; Upstairs features 4 private offices and 2 restrooms
