Freestanding Office
For Sale
$325,000
608 17th Street, Phenix City, AL 36867
Commercial Sale, Phenix City, AL
Property Size1,542 SF
Lot Size0.39 Acres
Price / SF$210.77
Days on Market148
Property Features for 608 17th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning
CMLBR
Fencing
Fenced
Lot features
Curbs, Sidewalks, Free Standing
Directions
From 13th St In Downtown Phenix City, Turn North On Broad St. Office Building Will Be On The Right Just Past The Alabama Power Company Office At The Corner Of Broad St And 17th St.
Subdivision
Russell
Standard status
Active
Size
1,542 SF
Lot size
0.39 Acres
Additional Details
Property Use
Office
Utilities
Utilities
Water Available
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Ceiling Fan(s), Electric, Central Air
Amenities
covered front porch
energy-efficient insulated windows
Building Details
Year built
2026
Number of units
1
Building materials
Frame, Stone
Buildings
1
Listing Agency:
Keller Williams Realty River Cities
(706) 221-6900
Listed By:
Steve Kash
(706) 615-4470
Added: Jun 9
Changed: Oct 27
Last Checked: Nov 3 at 8:06PM
MLS# 224417
Copyright © 2026 Columbus Board of Realtors (GA). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,542-square-foot freestanding office building is under construction and planned with five private offices, a reception area, two restrooms, and an employee break room. The building is designed with frame and stone construction, hard plank siding, stacked rock trim, insulated windows, and a covered front porch. ADA compliance and central air support accessible, comfortable business operations, while heat pump and electric heating systems provide additional climate control.
The property occupies 0.3876 acres at 608 17th Street in Phenix City, Alabama, at the corner of Broad Street and 17th Street. Six on-site parking spaces are included, and the site is fenced with water available. The property carries CMLBR zoning and is identified for office use.
The property occupies 0.3876 acres at 608 17th Street in Phenix City, Alabama, at the corner of Broad Street and 17th Street. Six on-site parking spaces are included, and the site is fenced with water available. The property carries CMLBR zoning and is identified for office use.
Key Highlights
- 1,542 SF freestanding office building under construction
- Five private offices plus reception area and employee break room
- Two restrooms and ADA‑compliant design
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - CMLBR-zoned office property with private rooms, reception space, restrooms, and dedicated parking.
Where is this office building located?
The property is located at 608 17th Street 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: 1,542 SF freestanding office building under construction; Five private offices plus reception area and employee break room; Two restrooms and ADA‑compliant design
