Prime Retail/Flex Space
1848 OPELIKA Road, Auburn, AL 36830
Highly visible retail/flex space in a rapidly growing market.
Type:Commercial/Industrial
Property size:
4,876 SFLot size:
0.23 AcresPrice / SF:
$164/SF- Added:
- Mar 25, 2026
- Days on Market:
- 69
- Last Refresh:
- Apr 7 at 10:09 pm
Property Features for 1848 OPELIKA Road
General Information
- Standard status
- Active
- Size
- 4,876 SF
- Lot size
- 0.23 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1991
Listing agent COLE MAXWELL License #155218 (334) 707-8402
Listing office COMPREHENSIVE COMMERCIAL (334) 707-8402
Listing date Mar 25, 2026
Source Exitrealty
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 COMPREHENSIVE COMMERCIAL
HighLights
- High‑visibility location on Opelika Road with approximately 25,000 vehicles per day.
- Flexible CRD‑S zoning allows for a variety of commercial uses.
- Multi‑tenant layout with office, retail, and warehouse components provides diversified income potential.
- Minutes from Auburn University and major employers.
- Strong surrounding retail presence, including the Auburn Mall.
- Located in a rapidly growing market, making it an attractive long‑term investment.
Overview
Located along a heavily traveled commercial corridor in Auburn, Alabama, the property at 1848 Opelika Road presents an opportunity to acquire or lease retail/flex space. Situated just off the Auburn loop system and minutes from Auburn University, the property benefits from traffic counts of approximately 25,000 vehicles per day and access to both Auburn and Opelika. The building, which sits on a 0.23-acre site, is zoned CRD-S, allowing for various commercial uses. Currently configured into multiple suites, the 4876 square foot building includes office, retail, and warehouse space, offering flexibility for an owner-user or investor seeking diversified income potential. The left portion of the building is currently tenant occupied. The location is surrounded by national retailers, restaurants, and the Auburn Mall. This property is positioned to capture traffic from both the student population and the surrounding residential base. The property is ideal for owner-users, investors, or businesses looking to capitalize on continued market growth.
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 | $97.7k | $20.04 |
| − Vacancy | −$17.1k | −$3.51 |
| EGI | $80.6k | $16.53 |
| − OpEx | −$20.2k | −$4.13 |
| NOI | $60.5k | $12.40 |
4,876 SF · lease $20.04/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$863.7K
$755.8K – $1.01M
NOI $60,461 @ 7.0% cap · market cap 7.56%
Second Best
Retail
$656.1K
$574.1K – $765.4K
NOI $45,925 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,246 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Lee
- State
- Alabama
- Longitude
- -85.4411611
- Latitude
- 32.626943
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Highly visible retail/flex space in a rapidly growing market.
Where is this mixed-use property located?
The property is located at 1848 OPELIKA Road Auburn, AL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: High‑visibility location on Opelika Road with approximately 25,000 vehicles per day.; Flexible CRD‑S zoning allows for a variety of commercial uses.; Multi‑tenant layout with office, retail, and warehouse components provides diversified income potential.
