Freestanding Corner Office
For Sale
$325,000
608 17th Street, Phenix City, AL 36867
COMMERCIAL - Phenix City, AL
Property Size1,542 SF
Lot Size0.39 Acres
Price / SF$210.77
Days on Market93
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
Alabama-03
Standard status
Active
Size
1,542 SF
Lot size
0.39 Acres
Utilities
Utilities
Water Available
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Ceiling Fan(s), Electric, Central Air
Amenities
covered front porch
energy-efficient insulated windows
ADA compliant
Building Details
Year built
2026
Number of units
1
Building materials
Frame, Stone
Listing Agency:
Keller Williams Realty River Cities
(706) 221-6900
Listed By:
Steve Kash
(706) 615-4470
Added: May 4
Changed: Aug 2
Last Checked: Aug 4 at 2:06PM
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.
Investment Insights
Based on property information with market context.
Freestanding office building under construction with a 1,542 SF layout on a 0.3876-acre corner lot. The craftsman-style exterior includes hard plank siding with stacked rock trim, a covered front porch, and insulated windows. Inside, the floor plan features five private offices, a reception area, two restrooms, and an employee break room. The property is ADA compliant and includes 6 on-site parking spaces. A fenced site supports day-to-day operations.
The building is positioned prominently at the corner of Broad Street and 17th Street in Phenix City, Alabama (Russell County). Heating is provided by a heat pump and electric system, with central air cooling. Utilities include water available.
Construction is slated as under construction with a year built of 2026, offering a newer build timeline for an office user seeking a purpose-fit layout and straightforward site access.
The building is positioned prominently at the corner of Broad Street and 17th Street in Phenix City, Alabama (Russell County). Heating is provided by a heat pump and electric system, with central air cooling. Utilities include water available.
Construction is slated as under construction with a year built of 2026, offering a newer build timeline for an office user seeking a purpose-fit layout and straightforward site access.
Key Highlights
- 1,542 SF freestanding office building under construction on a 0.3876‑acre corner lot
- Corner location at Broad Street and 17th Street in Phenix City, AL
- Interior layout includes 5 private offices, reception area, 2 restrooms, and an employee break room
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 | $30.9k | $20.04 |
| − Vacancy | −$5.4k | −$3.51 |
| EGI | $25.5k | $16.53 |
| − OpEx | −$6.4k | −$4.13 |
| NOI | $19.1k | $12.40 |
1,542 SF · lease $20.04/SF/yr · vacancy 17.50% · expense 25.00%
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.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
615
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - ADA-compliant freestanding office with CMLBR zoning on a corner lot at Broad Street and 17th Street.
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 on a 0.3876‑acre corner lot; Corner location at Broad Street and 17th Street in Phenix City, AL; Interior layout includes 5 private offices, reception area, 2 restrooms, and an employee break room
