Office Building with Separate
525 Airport Road Auburn, AL 36830
525 Airport Road, Auburn, AL, 36830
$775,000
For Sale
$775,000
Live-work office building with separate entrances, multiple private offices, and an outdoor fenced yard area.
Property Size4,360 SF
Price / SF$177.75
Days on Market146
Property Features for 525 Airport Road
General Information
- Standard status
- Active
- Size
- 4,360 SF
Listing Agency
KELLER WILLIAMS REALTY AUBURN OPELIKA
(334) 444-8856
Listed by
ALAN DORN · License #058182
(334) 444-8856
Source
Exprealty
Added: Feb 23 Checked: Jul 19 at 1:53 am
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 KELLER WILLIAMS REALTY AUBURN OPELIKA
Investment Insights
Based on property information with market context.
This live-work office building combines a home section and a dedicated office section under one roof. The home portion includes two bedrooms and two full bathrooms, along with two large living rooms, a sun room, and a kitchen with custom cabinets and granite countertops. The office side features its own separate entrance, a large reception area, four private offices (including one with a private full bathroom and closet), a large conference room, a supply closet, and a half bathroom. Two separate power meters serve the home and office sections.
An outdoor fenced-in yard is included, complete with ample landscaping, an irrigation system, and a gazebo. The building also has ample parking, with the potential to separate parking areas for multiple tenants.
A building layout and square footage sketch are provided in the listing photos. Listing agent accompaniment is required.
An outdoor fenced-in yard is included, complete with ample landscaping, an irrigation system, and a gazebo. The building also has ample parking, with the potential to separate parking areas for multiple tenants.
A building layout and square footage sketch are provided in the listing photos. Listing agent accompaniment is required.
Key Highlights
- Office building previously used as a home and office combined, with separate entrances for the home and office sections
- Home portion includes 2 bedrooms, 2 full bathrooms, 2 huge living rooms, a sun room, and a kitchen with custom cabinets and granite countertops
- Office area features a large reception area, four private offices, a large conference room, and a half bathroom
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 | $87.4k | $20.04 |
| − Vacancy | −$15.3k | −$3.51 |
| EGI | $72.1k | $16.53 |
| − OpEx | −$18.0k | −$4.13 |
| NOI | $54.1k | $12.40 |
4,360 SF · lease $20.04/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$772.3K
$675.8K – $901.1K
NOI $54,063 @ 7.0% cap · market cap 6.98%
Second Best
Mixed Use
$546.6K
$478.2K – $637.7K
NOI $38,259 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$1.06M
$930.5K – $1.24M
NOI $74,437 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Best Copy Products
Computer & Electronic Repair
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Live-work office building with separate entrances, multiple private offices, and an outdoor fenced yard area.
Where is this live-work space located?
The property is located at 525 Airport Road Auburn, AL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Office building previously used as a home and office combined, with separate entrances for the home and office sections; Home portion includes 2 bedrooms, 2 full bathrooms, 2 huge living rooms, a sun room, and a kitchen with custom cabinets and granite countertops; Office area features a large reception area, four private offices, a large conference room, and a half bathroom
