Auburn Commercial Corner
4760 HEATH Road Auburn, AL 36830
For Sale
$475,000
COMMERCIAL - AUBURN, AL
Property Size1,700 SF
Lot Size0.60 Acres
Price / SF$279.41
Days on Market268
Property Features for 4760 HEATH Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commerical
Standard status
Active
Size
1,700 SF
Lot size
0.60 Acres
Building Details
Year built
1960
Listing Agency:
PORTER PROPERTIES
(334) 887-2070
Listed By:
GLORIA PRITCHARD GITTINGS · License #000093451
(334) 887-2070
Added: Nov 2, 2025
Changed: Jul 9
Last Checked: Jul 27 at 2:06PM
MLS# 179147
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 property is located on a corner lot at the intersection of Highway 280 and Highway 147 in Auburn, Alabama. The property, situated on 0.6 acres, features a metal roof that is 5 years old, new windows, remodeled kitchen and baths, and refinished hardwood floors throughout the main house. The property includes an attached apartment complete with appliances, a private entryway, a separate air unit, and a covered porch. There is ample parking space available. The property is zoned rural and has city water. The location offers high visibility with over 43,000 drive-by views daily on Highway 280. The property has easy access and no short-term rental restrictions. The property is suitable for a doctor's office. The building size is approximately 1700 square feet.
Key Highlights
- High‑visibility corner lot location at the intersection of Hwy 280 and Hwy 147 with over 43,000 daily drive‑by traffic count on Hwy 280.
- Attached apartment with private entryway, appliances, air unit, and covered porch.
- Zoned Rural with no Short Term Rental (STR) restrictions and potential for a Doctor's Office.
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 | $34.1k | $20.04 |
| − Vacancy | −$6.0k | −$3.51 |
| EGI | $28.1k | $16.53 |
| − OpEx | −$7.0k | −$4.13 |
| NOI | $21.1k | $12.40 |
1,700 SF · lease $20.04/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$301.1K
$263.5K – $351.3K
NOI $21,080 @ 7.0% cap · market cap 4.44%
Second Best
Healthcare Medical
$273.9K
$239.6K – $319.5K
NOI $19,171 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$414.6K
$362.8K – $483.7K
NOI $29,023 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner lot with remodeled interiors and high traffic visibility.
Where is this mixed-use property located?
The property is located at 4760 HEATH Road Auburn, AL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: High‑visibility corner lot location at the intersection of Hwy 280 and Hwy 147 with over 43,000 daily drive‑by traffic count on Hwy 280.; Attached apartment with private entryway, appliances, air unit, and covered porch.; Zoned Rural with no Short Term Rental (STR) restrictions and potential for a Doctor's Office.
