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    Retail Space in Auburn, Alabama Title is generated by Realmo AI

    1716 Opelika Road, Auburn, AL 36830

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    Available retail anchor space in a dominant market.

    Added:
    Nov 25, 2025
    Days on Market:
    175
    Last Refresh:
    Apr 6 at 1:17 am

    Property Features for 1716 Opelika Road

    General Information

    Standard status
    Active

    Spaces For Lease

    at 1716 Opelika Road Contact us

    We can help!

    Listing Contact
    Ray Jones, CCIM

    Listing agent Ray Jones, CCIM

    Listing office

    Listing date Nov 25, 2025

    Source Tscg

    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 Ray Jones, CCIM

    HighLights

    • Rare vacancy in dominant market
    • 33,971 SF Anchor Space available
    • 23,290 AADT on Opelika Road
    • Located in Auburn‑Opelika Metropolitan Area, one of Alabama’s fastest growing metro areas
    • Upgraded facade, parking lot, and pylon signage
    • Strong Opelika Road Corridor with anchor retailers

    Overview

    Located in Auburn, the largest city in Eastern Alabama and a principal city within the Auburn-Opelika Metropolitan Area, this property benefits from its location in one of Alabama’s fastest-growing metro areas, which has a MSA population of 201,585. The area is significantly influenced by education, medical facilities, affordability, and overall quality of life, largely due to the presence of Auburn University, which has an enrollment of 34,145 students. Situated on the Opelika Road Corridor, the location is near anchor retailers such as Belk, Dillard's, Walmart Neighborhood Market, Michaels, HomeGoods, B. Turner's and Crunch Fitness. The available anchor space measures 33,971 square feet. The property features an upgraded facade, parking lot, and pylon signage. Opelika Road sees an Average Annual Daily Traffic (AADT) count of 23,290.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    World Finance Loan Service Yaki Bowl Restaurant Crunch Fitness - Auburn Gym & Fitness Center Pet Supplies Plus ... (Bike/Boat/Book/etc) Store Big Lots Discount Store

    Suggested Use

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

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

    Similar Places Nearby

    • Flints Crossing Shopping Plaza — 1568-1572 Opelika Rd, Auburn, AL 36830
    • Market Square Shopping Center — Auburn, AL 36830
    • Saugahatchee Square — 3762 Pepperell Pkwy, Opelika, AL 36801
    • Auburn Mall — 1627 Opelika Rd, Auburn, AL 36830
    • Sunglass Hut — 1627 Opelika Rd Ste K4, Auburn, AL 36830

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Lee
    State
    Alabama
    Longitude
    -85.4439
    Latitude
    32.6244

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    FAQs

    What type of property is this?
    Shopping center - Available retail anchor space in a dominant market.
    Where is this shopping center located?
    The property is located at 1716 Opelika Road Auburn, AL.
    What are key features of this property?
    This property features: Rare vacancy in dominant market; **33,971 SF Anchor Space available**; 23,290 AADT on Opelika Road
    (205) 776-6718
    We can help!
    Listing Contact
    Ray Jones, CCIM
    Learn More
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    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
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