Building Details

Year built 1937

Listing Agency: COMPREHENSIVE COMMERCIAL Show Phone

Listed By: COLE MAXWELL · License #000155218 Show Phone

Added: Aug 26 Last Checked: Oct 13 at 3:06PM

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MLS# 182084

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 commercial land offering includes an existing 2,640-square-foot office and retail building constructed in 1937. The property occupies approximately 0.45 acres and provides about 100 feet of frontage along Opelika Road, giving the site a combination of land area, existing improvements, and road exposure.

The property is positioned near the East University Drive and Opelika Road intersection, adjacent to Chicken Salad Chick and across from Auburn’s Midtown development. Access extends to Auburn, Opelika, Auburn University, Highway 280, and I-85. The building and site configuration support consideration by an owner-user or investor seeking a commercial property with existing space and a prominent corridor position.

Key Highlights

• Approximately 0.45 acres of commercial land
• Existing 2,640 SF office and retail building
• Approximately 100 feet of Opelika Road frontage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$32,735

Cap Rate

4.10%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$654,700 $654.7K

Cap Rate 7%

$467,643 $467.6K

Cap Rate 9%

$363,722 $363.7K

Market Conditions

NOI Build-Up for 2,640 SF

Gross rent

$52.9K $20.04/SF

− Vacancy

−$9.3K −$3.51/SF

EGI

$43.6K $16.53/SF

− OpEx

−$10.9K −$4.13/SF

NOI

$32.7K $12.40/SF

Area

Lee County, AL

Vacancy

17.50%

Lease Rate

$20.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$654,700

Cap Rate 7%

$467,643

Cap Rate 9%

$363,722

Alternative Uses

Best Use

Office B

$467.6K

$409.2K – $545.6K (±1% cap)

NOI $32,735 @ 7.0% cap · market cap 4.10%

Second Best

Retail

$355.2K

$310.8K – $414.4K (±1% cap)

NOI $24,865 @ 7.0% cap · market cap 3.11%

Theoretical Best

Office A

$643.9K

$563.4K – $751.2K (±1% cap)

NOI $45,072 @ 7.0% cap · market cap 5.64%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Auto Parts Store HVAC Service Big Box & Wholesale Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,002

Businesses Nearby

Explore this area Business Placement

Demographics for 36830, AL

47,543

Population

23,146

Households

2.1

Avg Household Size

30

Median Age

63%

College-Educated

96%

High-School Grad

109.5 sq mi

ZIP Area

434

Density / Sq Mi

$63,761

Median Household Income

$37,414

Median Earnings

$1,033

Median Rent

$346,600

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Existing office and retail improvements occupy a commercial site along Opelika Road near major Auburn activity centers.

Where is this commercial land located?

The property is located at 1319 OPELIKA Road Auburn, AL.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: Approximately 0.45 acres of commercial land; Existing 2,640 SF office and retail building; Approximately 100 feet of Opelika Road frontage