Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Samford Trce Ct Auburn, AL 36830

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Retail Space Available in Auburn, AL

    Lot size:
    11,366 SF

    Property Features for 0 Samford Trce Ct

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,366 SF
    Class
    A
    Total Rate
    28415

    Building Details

    Buildings
    4
    Stories
    1

    Spaces For Lease

    at 0 Samford Trce Ct, Auburn, AL 36830 Contact us
    Unit Samford Trace Court Unit 5

    $30 /Mo

    Size
    3,637 SF
    Contact us
    Unit Samford Trace Court Unit 4

    $30 /Mo

    Size
    1,938 SF
    Contact us
    Unit Samford Trace Court Unit 2

    $30 /Mo

    Size
    1,905 SF
    Contact us
    Unit Samford Trace Court Unit 3

    $30 /Mo

    Size
    1,919 SF
    Contact us
    Unit Samford Trace Court Unit 1

    $30 /Mo

    Size
    1,967 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Grace Pugh

    Listing Agency: Kyser Property Management Co., INC. Listing Agent: Grace Pugh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    The Shoppes at Samford Trace presents a unique opportunity for retail businesses seeking high-visibility space in Auburn, Alabama. This Class A neighborhood center boasts a total of 11,366 square feet across four single-story buildings, situated on a generous 12.28-acre lot. Currently, the entire 11,366 square feet is available for lease, offering flexibility for a variety of retail concepts. The property is zoned CDD and located in Lee County, at Samford Trce Ct, Auburn, AL 36830. Individual suites range from a minimum of 1,500 square feet to a maximum contiguous space of 7,716 square feet, providing options for businesses of various sizes. The property's multiple-tenancy structure allows for a diverse mix of tenants, creating a vibrant and attractive shopping destination. With six total suites available for lease, this is an exceptional opportunity to establish a presence in a thriving Auburn community. The property's ample lot size offers significant potential for future expansion or outdoor amenities. This is a turnkey solution for businesses seeking immediate occupancy in a well-located, high-quality retail center. The property's prime location and attractive features make it an ideal investment for discerning businesses seeking a strong foothold in the Auburn market. Contact us today to learn more about this exceptional leasing opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Auburn
    County
    Lee
    State
    Alabama
    Longitude
    -85.4420567
    Latitude
    32.6029513

    Nearby Similar for Lease

    • Contact for pricing

      Class-A Office Space in Auburn

      New Class-A office and retail space in downtown Auburn.
      100 North Gay St, Auburn, AL 36831
      View Details
    • Contact for pricing

      Restaurant Space with Drive-Thru

      1,830 SF second-generation restaurant space with drive-thru.
      2059 S College St, Auburn, AL 36832
      View Details
    • Contact for pricing

      Retail Space Near Auburn University

      Retail space available in mixed-use development near Auburn University.
      206 N Gay St, Auburn, AL 36830
      View Details
    • Contact for pricing

      Retail Space in Growing Auburn

      Retail space available in Auburn-Opelika metro area near Auburn University.
      2021 S College St, Auburn, AL 36832
      View Details
    • Contact for pricing

      Retail Space in Auburn, Alabama

      Available retail anchor space in a dominant market.
      1716 Opelika Rd, Auburn, AL 36830
      View Details
    • Contact for pricing

      Auburn Distribution Center with Access

      Class A warehouse with controlled access and multiple loading docks.
      3100 Beehive Rd, Auburn, AL 36832
      View Details
    • Contact for pricing
      90,000 SF

      Auburn Bank Center: Class A Office

      Modern Auburn office space, flexible suites.
      100 Gay St, Auburn, AL 36830
      View Details
    • Contact for pricing
      63,100 SF

      Shops at Cary Creek: Auburn Retail

      Auburn retail center, high traffic, 2 spaces available.
      2900 University Dr, Auburn, AL 36830
      View Details
    • $14 SF/Yr
      2,400 SF

      Auburn Office & Warehouse Complex

      Downtown Auburn, flexible space available.
      453 Opelika Rd, Auburn, AL 36830
      View Details
    • Contact for pricing
      2,463 SF

      Downtown Auburn Retail Gem

      High-traffic, 2,463 SF retail space.
      191 College St, Auburn, AL 36830
      View Details
    • $22 SF/Yr
      15,800 SF

      Lakeview Shopping Center: Retail Opportunity

      High-visibility retail center near Auburn University.
      1499 College St, Auburn, AL 36832
      View Details
    • $10 SF/Yr
      1,280 SF

      Auburn Flex Warehouse Space

      New 1,280 SF Flex Warehouse, Great Location
      1449 Lee Road 10, Auburn, AL 36830
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space Available in Auburn, AL
    Where is this neighborhood center located?
    The property is located at Samford Trce Ct Auburn, AL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 11,366 square feet of Class A retail space available for lease in Auburn, AL.; Located on a 12.28-acre lot at Samford Trce Ct, Auburn, AL 36830, zoned CDD.; Six suites available, ranging from 1,500 to 7,716 square feet.
    Request Owner's contact information
    Samford Trce Ct Auburn, AL 36830
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Samford Trce Ct
    Auburn, AL 36830
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Samford Trce Ct Auburn, AL 36830
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Grace Pugh
    Real Estate License ID: 000070226
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!