Downtown Office
710 12th Street Phenix City, AL 36867
710 12th Street, Phenix City, AL, 36867
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For Sale
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Office building with front parking and additional rear parking, featuring a reception area, two private offices, and a kitchenette.
Property Size1,181 SF
Price / SF$152.41
Days on Market97
Property Features for 710 12th Street
General Information
- Standard status
- Active
- Size
- 1,181 SF
- Property subtype
- Office
Building Details
- Year Built
- 1930
Listing agency
Keller Williams Realty River Cities
Listed by
Evelyn Forston · License #115080056
Source
Crexi
Added: Apr 18 Updated: Jul 21 at 11:07PM Checked: Jul 21 at 11:07PM
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
Investment Insights
Based on property information with market context.
This downtown office building offers a functional layout designed for professional use. Inside, the space includes a reception area, two private offices, and an additional smaller office or storage area, along with a kitchenette space. Neutral wall colors with wood trim accents help create a professional, move-in-ready environment with minimal renovation required.
The front of the building provides parking, with additional space behind the building for extra parking. The property is located near the courthouse and surrounded by established businesses.
Recent improvements include a newer roof from 2023.
The front of the building provides parking, with additional space behind the building for extra parking. The property is located near the courthouse and surrounded by established businesses.
Recent improvements include a newer roof from 2023.
Key Highlights
- 1930‑built downtown Phenix City office building with front parking plus additional parking space behind the building
- Interior layout includes a reception area, two private offices, a smaller office/storage room, and a kitchenette space
- Roof replacement in 2023
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 | $23.7k | $20.04 |
| − Vacancy | −$4.1k | −$3.51 |
| EGI | $19.5k | $16.53 |
| − OpEx | −$4.9k | −$4.13 |
| NOI | $14.6k | $12.40 |
1,181 SF · lease $20.04/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$209.2K
$183.1K – $244.1K
NOI $14,644 @ 7.0% cap · market cap 8.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$288.0K
$252.0K – $336.1K
NOI $20,163 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Newsome Financial Group ...
Financial Advisor
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office building with front parking and additional rear parking, featuring a reception area, two private offices, and a kitchenette.
Where is this office units located?
The property is located at 710 12th Street Phenix City, AL.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 1930‑built downtown Phenix City office building with front parking plus additional parking space behind the building; Interior layout includes a reception area, two private offices, a smaller office/storage room, and a kitchenette space; Roof replacement in 2023
