Flex Space with
New
For Sale
$220,000
815 TORBERT Boulevard, Opelika, AL 36801
C-2-zoned commercial property with private rooms, a full bathroom, and an adaptable interior layout.
Property Size1,284 SF
Lot Size0.21 Acres
Price / SF$171.34
Days on Market3
Property Features for 815 TORBERT Boulevard
General Information
Standard status
Active
Size
1,284 SF
Lot size
0.21 Acres
Property subtype
Commercial/Industrial
Zoning
C-2
Additional Details
Utilities to Site
Yes
Office Units
1
Amenities
open layout
multiple private rooms
full bathroom
upstairs loft
granite countertops
fiber internet availability
Building Details
Year Built
2015
Buildings
1
Building Size
1,284 SF
Tenancy
Single
Listing Agency:
HOMELINK REALTY
(334) 663-1752
Listed By:
BILL PRICE · License #103706
(334) 663-1752
Source:
Exitrealty
Added: Aug 2
Changed: Aug 4
Last Checked: Aug 4 at 6:17AM
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 HOMELINK REALTY
Investment Insights
Based on property information with market context.
Located at 815 Torbert Boulevard in Opelika, this 1,284-square-foot flex property was built in 2015 on a 0.21-acre lot. The C-2-zoned building combines an open central area with multiple private rooms, a full bathroom, and an upper loft that can function as office, meeting, storage, or creative space. Granite countertops and finished interior details create a professional setting for business operations.
Public utilities serve the property, and fiber internet is available. Its downtown setting places the building near shopping, dining, entertainment, and local businesses. The configuration is identified as suitable for professional offices, boutique retail, consulting services, wellness businesses, studios, or a live-work concept where permitted.
Public utilities serve the property, and fiber internet is available. Its downtown setting places the building near shopping, dining, entertainment, and local businesses. The configuration is identified as suitable for professional offices, boutique retail, consulting services, wellness businesses, studios, or a live-work concept where permitted.
Key Highlights
- 1,284 SF flex property on a 0.21‑acre lot
- Built in 2015 with an open layout and multiple private rooms
- Upper loft suitable for office, meeting, storage, or creative workspace
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 | $25.7k | $20.04 |
| − Vacancy | −$4.5k | −$3.51 |
| EGI | $21.2k | $16.53 |
| − OpEx | −$5.3k | −$4.13 |
| NOI | $15.9k | $12.40 |
1,284 SF · lease $20.04/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$227.4K
$199.0K – $265.4K
NOI $15,921 @ 7.0% cap · market cap 7.24%
Second Best
Retail
$172.8K
$151.2K – $201.6K
NOI $12,093 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$313.2K
$274.0K – $365.4K
NOI $21,921 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36801, AL
24,590
Population
11,363
Households
2.2
Avg Household Size
38
Median Age
33%
College-Educated
89%
High-School Grad
78.3 sq mi
ZIP Area
314
Density / Sq Mi
$58,256
Median Household Income
$39,018
Median Earnings
$926
Median Rent
$211,400
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.
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Frequently Asked Questions
What type of property is this?
Flex space - C-2-zoned commercial property with private rooms, a full bathroom, and an adaptable interior layout.
Where is this flex space located?
The property is located at 815 TORBERT Boulevard Opelika, AL.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 1,284 SF flex property on a 0.21‑acre lot; Built in 2015 with an open layout and multiple private rooms; Upper loft suitable for office, meeting, storage, or creative workspace
