Corner Brick Retail/Service
301 4TH Street S Opelika, AL 36801
301 4TH Street S, Opelika, AL, 36801
$160,000
For Sale
$160,000
COMMERCIAL - OPELIKA, AL
Property Size1,344 SF
Lot Size0.44 Acres
Price / SF$119.05
Days on Market48
Property Features for 301 4TH Street S
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,344 SF
- Lot size
- 0.44 Acres
Listing Agency
PHOENIX REAL ESTATE FIRM LLC
(334) 610-3414
216 S 8TH STREET SUITE 217, OPELIKA, AL
Listed by
ZANDRA DAVIS · License #000088129
(334) 610-3414
Added: Jun 4 Checked: Jul 21 at 2:06 am
MLS# 180864
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 brick commercial building offers a storefront-style layout and the flexibility to support a range of uses, including retail, office, or service-based operations. The property includes a paved parking area and is being sold as-is.
The site sits on a prominent corner lot at the intersection of South 4th Street and Avenue B in Opelika, Alabama, with access designed around nearby thoroughfares and the downtown area.
With its street-facing configuration and on-site parking, the property can be a practical fit for an owner-operator looking for a visible commercial presence, or for investors seeking a straightforward redevelopment candidate. Prospective buyers should perform their own due diligence regarding zoning, utilities, square footage, and any intended use prior to closing.
The site sits on a prominent corner lot at the intersection of South 4th Street and Avenue B in Opelika, Alabama, with access designed around nearby thoroughfares and the downtown area.
With its street-facing configuration and on-site parking, the property can be a practical fit for an owner-operator looking for a visible commercial presence, or for investors seeking a straightforward redevelopment candidate. Prospective buyers should perform their own due diligence regarding zoning, utilities, square footage, and any intended use prior to closing.
Key Highlights
- Former Renee's Mod Shop brick commercial building with decades of local history
- Located on a prominent corner lot at the intersection of South 4th Street and Avenue B in Opelika
- Storefront layout designed for commercial use
Local Financial Insights For Retail
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 | $20.2k | $15.00 |
| − Vacancy | −$2.1k | −$1.55 |
| EGI | $18.1k | $13.46 |
| − OpEx | −$5.4k | −$4.04 |
| NOI | $12.7k | $9.42 |
1,344 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$180.8K
$158.2K – $211.0K
NOI $12,658 @ 7.0% cap · market cap 7.91%
Second Best
Industrial
$88.5K
$77.5K – $103.3K
NOI $6,198 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$327.8K
$286.8K – $382.4K
NOI $22,946 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Hughley Garage & Services — 415 Martin Luther King Blvd, Opelika, AL 36801
- Shamrock Automotive — 1514 2nd Ave, Opelika, AL 36801
- ​Keith's Restorations — 408 clanton st, opelika, al 36801
- Integrity Auto Service — 1007 Geneva St, Opelika, AL 36801
- (Mobile Service Only) Rod's Roadside Service — Marvyn Pkwy, Opelika, AL 36804
FAQs
What type of property is this?
Auto shop - Brick storefront building with paved parking on a prominent corner lot, suited for retail, office, or service uses.
Where is this auto shop located?
The property is located at 301 4TH Street S Opelika, AL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Former Renee's Mod Shop brick commercial building with decades of local history; Located on a prominent corner lot at the intersection of South 4th Street and Avenue B in Opelika; Storefront layout designed for commercial use
