Freestanding Office with Private
608 17th Street, Phenix City, AL 36867
For Sale
New
$325,000
Commercial Sale, Phenix City, AL
Property Size1,542 SF
Lot Size0.39 Acres
Price / SF$210.77
Days on Market2
Property Features for 608 17th Street
General Information
Property type
Property subtype
Property condition
Zoning
Fencing
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Utilities
Utilities
Heating system
Cooling system
Amenities
covered front porch
energy-efficient insulated windows
ADA compliant
break room
reception area
Building Details
Year built
Number of units
Building materials
Buildings
Listing Agency:
Keller Williams Realty River Cities
(706) 221-6900
Listed By:
Steve Kash
(706) 615-4470
Added: Nov 6
Last Checked: Nov 7 at 6:06PM
MLS# 235064
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding office property is under construction and is planned at 1,542 square feet on a 0.3876-acre lot. The layout includes five private offices, a reception area, an employee break room, and two restrooms. Water is available in every office, with potential salon use noted. The building is described as ADA compliant and includes multiple on-site parking spaces. Exterior details include frame construction, Hardie-plank siding, stacked stone accents, insulated windows, and a covered front porch; electric heat pump heating and central air conditioning are also listed.
The property is at the corner of Broad Street and 17th Street in Phenix City, Alabama. It is zoned CMLBR, with water available.
The property is at the corner of Broad Street and 17th Street in Phenix City, Alabama. It is zoned CMLBR, with water available.
Key Highlights
- 1,542‑square‑foot freestanding office building on 0.3876 acres
- Five private offices, two restrooms, reception area, and employee break room
- Water access in every office; potential salon use noted
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
Open Analytics
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
$188,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Lee County, AL
Properties on Market for Office buildings in Lee County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The planned layout includes a reception area, employee break room, two restrooms, and water access in each office.
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‑square‑foot freestanding office building on 0.3876 acres; Five private offices, two restrooms, reception area, and employee break room; Water access in every office; potential salon use noted
