Freestanding Office
For Sale
$325,000
608 17th St, Phenix City, AL 36867
Five private offices, two restrooms, reception space, and an employee break room support day-to-day operations.
Property Size1,542 SF
Price / SF$210.77
Days on Market340
Property Features for 608 17th St
General Information
Standard status
Active
Size
1,542 SF
Listing Agency:
Keller Williams Realty River Cities
(706) 221-6900
Listed By:
Steve Kash · License #86717
(706) 615-4470
Source:
Exprealty
Added: Nov 10, 2025
Changed: Oct 10
Last Checked: Oct 15 at 12:07AM
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 River Cities
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Investment Insights
Based on property information with market context.
This 1542 SqFt freestanding office building provides a practical layout with five private offices, two restrooms, a reception area, and an employee break room. The property also includes ADA-compliant access, six on-site parking spaces, insulated windows, a covered front porch, hard plank siding, and stacked rock trim.
Situated at the corner of Broad Street and 17th Street, the building offers a visible, easily accessible setting in Phenix City, Alabama. Its Craftsman-style exterior and dedicated parking create a professional arrival experience for staff and visitors.
Situated at the corner of Broad Street and 17th Street, the building offers a visible, easily accessible setting in Phenix City, Alabama. Its Craftsman-style exterior and dedicated parking create a professional arrival experience for staff and visitors.
Key Highlights
- 1542 SqFt freestanding office building
- Five private offices, two restrooms, reception area, and employee break room
- ADA‑compliant property with 6 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,120
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,400
$382.4K
Cap Rate 7%
$273,143
$273.1K
Cap Rate 9%
$212,444
$212.4K
Market Conditions
NOI Build-Up for 1,542 SF
Gross rent
$30.9K $20.04/SF
− Vacancy
−$5.4K −$3.51/SF
EGI
$25.5K $16.53/SF
− OpEx
−$6.4K −$4.13/SF
NOI
$19.1K $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%
$382,400
Cap Rate 7%
$273,143
Cap Rate 9%
$212,444
Alternative Uses
Best Use
Office B
$273.1K
$239.0K – $318.7K
NOI $19,120 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$376.1K
$329.1K – $438.8K
NOI $26,326 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
Explore this area
Business Placement
Demographics for 36867, AL
22,505
Population
10,782
Households
2.1
Avg Household Size
37
Median Age
28%
College-Educated
90%
High-School Grad
12.6 sq mi
ZIP Area
1,786
Density / Sq Mi
$46,847
Median Household Income
$36,035
Median Earnings
$963
Median Rent
$188,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Five private offices, two restrooms, reception space, and an employee break room support day-to-day operations.
Where is this office building located?
The property is located at 608 17th St Phenix City, AL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1542 SqFt freestanding office building; Five private offices, two restrooms, reception area, and employee break room; ADA‑compliant property with 6 on‑site parking spaces
