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    2461 Panther Pkwy Smiths Station, AL 36877

    For Lease
    $9 SF/Yr

    High-Visibility Retail Space, Lee County

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 5,000 square foot retail space, formerly a pharmacy, boasts a flexible open layout and is ideally situated on Panther Parkway in Lee County, Alabama. The property benefits from excellent visibility, being less than half a mile from Highway 280, which sees an average annual daily traffic count of approximately 27,512 vehicles. A significant advantage is its proximity to the brand new Renfroes Market, opened in Summer 2024, providing strong synergistic retail opportunities. Pylon signage is available, further enhancing visibility and brand recognition. The landlord is open to subdividing the space to accommodate various business needs. The location offers exceptional access to a substantial consumer base. Lee County is home to Auburn University, with over 28,000 students and 5,500 employees, contributing to a large and dynamic local market. Furthermore, the property enjoys convenient proximity to major population centers: approximately 8 miles from Phenix City, Alabama, and 10 miles from Columbus, Georgia, a city known for Fort Moore and its globally recognized urban whitewater course. Columbus offers a diverse range of amenities, including restaurants, accommodations, and year-round events. The property is also within 26 miles of Auburn, Alabama, situated in a rapidly growing metropolitan area with an estimated population of approximately 180,773 and a growth rate of 2.79%. This prime location presents a unique opportunity for businesses seeking high visibility and access to a thriving market.

    Property Features for 2461 Panther Pkwy

    General Information

    Property type
    Shopping malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF

    Unit(s) available at that property

    Space
    Size
    5,000 SF
    Rate per SF
    $9

    HighLights

    • 5,000 SF retail space in a single‑tenant building.
    • Former pharmacy with an open layout; landlord open to subdividing.
    • Anchored by new Renfroes Market (opened Summer 2024).
    • Pylon signage available.
    • High visibility; less than 0.5 miles from Highway 280 (approx. 27,512 AADT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Smiths Station
    County
    Lee
    State
    Alabama
    Longitude
    -85.0993338
    Latitude
    32.5392406

    Nearby Comparable

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Shopping mall - High-Visibility Retail Space, Lee County
    Where is this shopping mall located?
    The property is located at 2461 Panther Pkwy Smiths Station, AL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 5,000 SF retail space in a single-tenant building.; Former pharmacy with an open layout; landlord open to subdividing.; Anchored by new Renfroes Market (opened Summer 2024).
    Request Owner's contact information
    2461 Panther Pkwy Smiths Station, AL 36877
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    Realmo Value Estimation

    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.

    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.

    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
    2461 Panther Pkwy Smiths Station, AL 36877
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