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Commercial Land with Workshop
For Sale
$350,000
Pending

5018-3 US-80 W, Opelika, AL 36804

CommercialSale, Opelika, AL

Property Size1,988 SF
Lot Size10.00 Acres
Days on Market472

Property Features for 5018-3 US-80 W

General Information

Property type Commercial Sale
Property subtype Other
Zoning RURAL
Interior features AdditionalLivingQuarters
Lot features Level, Private, Rectangular Lot
Directions Crawford Rd/ US-80 W for 14.7 miles and property will be on your right just past Pine Grove SD.
Standard status Pending
APN 03041900000008001
Size 1,988 SF
Lot size 10.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1493

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1976
Floors in Building 1
Flooring type Carpet, Vinyl
Building materials Brick
Listing Agency: COLDWELL BANKER - KPDD
Listed By: Heather Williams · License #104754
Added: Jun 24, 2025 Changed: Sep 23 Last Checked: Oct 8 at 1:06AM
MLS# E101251

Copyright © 2026 East Alabama Board 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 rural-zoned commercial land offering includes three existing structures on a site near US-80. The primary improvement is a 1,988-square-foot, single-level brick residence built in 1976 and converted to office use during the 1990s. A separate 800-square-foot manufactured home and a 35-by-70-foot diesel workshop on a concrete slab provide additional improvements. The workshop includes a 20-by-20-foot rolling gate and can support equipment storage or other approved uses. Public water and a septic tank are identified for the property.

The structures are being sold as-is, with contents from the former business operation remaining. The property includes both open and wooded areas and is positioned for potential commercial redevelopment, restoration, business operations, trucking-related use, or heavy-equipment activities, subject to applicable approvals. Central heating and central air are present in the primary building.

Key Highlights

  • Rural zoning on commercial land near US‑80
  • 1,988‑square‑foot brick building built in 1976 and converted to office use
  • 35' x 70' diesel workshop on a concrete slab

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,651
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,020 $493.0K
Cap Rate 7%
$352,157 $352.2K
Cap Rate 9%
$273,900 $273.9K
Market Conditions
NOI Build-Up for 1,988 SF
Gross rent
$39.8K $20.04/SF
− Vacancy
−$7.0K −$3.51/SF
EGI
$32.9K $16.53/SF
− OpEx
−$8.2K −$4.13/SF
NOI
$24.7K $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%
$493,020
Cap Rate 7%
$352,157
Cap Rate 9%
$273,900

Alternative Uses

Best Use
Office B
$352.2K
$308.1K – $410.9K (±1% cap)
NOI $24,651 @ 7.0% cap · market cap 7.04%
Second Best
Warehouse
$166.4K
$145.6K – $194.2K (±1% cap)
NOI $11,651 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$484.9K
$424.3K – $565.7K (±1% cap)
NOI $33,940 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Bar & Pub

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

8
Businesses Nearby

Demographics for 36804, AL

20,687
Population
8,515
Households
2.4
Avg Household Size
39
Median Age
32%
College-Educated
86%
High-School Grad
197.2 sq mi
ZIP Area
105
Density / Sq Mi
$57,842
Median Household Income
$42,942
Median Earnings
$802
Median Rent
$178,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Rural-zoned site near US-80 with multiple existing structures and established water and septic infrastructure.
Where is this commercial land located?
The property is located at 5018-3 US-80 W Opelika, AL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Rural zoning on commercial land near US‑80; 1,988‑square‑foot brick building built in 1976 and converted to office use; 35' x 70' diesel workshop on a concrete slab
More about this property
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