Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    472 Dean Rd Auburn, AL 36830
    Back to Search
    Property profile & analytics

    472 Dean Rd Auburn, AL 36830

    View on Map
    • Office Spaces
    • 16,537 SF
    • 1.42 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Andrew Shaw, @Home with Prestige Properties / Real Estate Agency
    • Auburn Corrective Massage Therapy / Alternative Medicine Practice / Spa & Massage Center
    • Community Rehab and Performance / Physician
    • Porter Properties LLC / Real Estate Agency
    • Carole Harrison, Realtor, Porter Properties / Real Estate Agency

    Property Details for 472 Dean Rd

    Year built
    1999
    Lot size
    1.42 lot acres
    Property size
    16,537 SF
    Property type
    Office Spaces

    Description

    This exceptional 1,260+/- square foot office space is available for lease within the prestigious Towne Center Office Condominium in Auburn, Alabama. Located on the second floor of a two-story building, this unit is part of a larger 2,220 square foot space, currently divided but easily convertible into a single, contiguous area. Recent renovations (2021-2023) ensure a modern and updated workspace. The building boasts an elevator and ample surface parking for convenience. The property sits on 1.42 acres within a Comprehensive Development District (CDD) zoning. The entire Towne Center Office Condominium encompasses 16,537 square feet. This unit is ideally situated near the intersection of N. Dean and Opelika Roads in central Auburn, offering excellent accessibility and visibility. The asking rent is $20.00 per square foot annually, or $2,100 per month. The lease includes a pro-rata share of utilities, interior maintenance, and increases in base year expenses. The potential exists to lease the entire 2,220 square foot space. Built in 1999, this property offers a blend of established infrastructure and modern updates. The property address is 472 N Dean Rd, Auburn, AL 36830.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Lee
    State
    Alabama
    Longitude
    -85.4645
    Latitude
    32.6155

    Comparable in this City

    • Value Estimation by Request
      4,110 SF

      2178 Moores Mill Rd

      Office Units • 4,110 SF
      2178 Moores Mill Rd, Auburn, AL 36830
      View Details
    • Value Estimation by Request
      2,220 SF

      472 Dean Rd

      Office Spaces • 2,220 SF
      472 Dean Rd, Auburn, AL 36830
      View Details
    • Value Estimation by Request
      16,000 SF

      1188 Opelika Rd

      Office Units • 16,000 SF
      1188 Opelika Rd, Auburn, AL 36830
      View Details
    • Value Estimation by Request
      6,800 SF

      338 Samford Vlg Ct

      Office Units • 6,800 SF
      338 Samford Vlg Ct, Auburn, AL 36830
      View Details
    • Value Estimation by Request
      35,000 SF

      1920 Samford Trce Ct

      Restaurants • 35,000 SF
      1920 Samford Trce Ct, Auburn, AL 36830
      View Details
    • Value Estimation by Request
      1,240 SF

      239 Gay St

      OFFICE BUILDING • 1,240 SF
      239 Gay St, Auburn, AL 36830-4815
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,876 SF

      Retail/Flex Space in Auburn, AL

      Highly visible retail/flex space in a rapidly growing market.
      1848 Opelika Rd, Auburn, AL 36830
      View Details
    • $499,900
      1,700 SF

      Corner Lot on Highway 280

      Corner lot with high visibility and remodeled interiors.
      4760 Heath Rd, Auburn, AL 36830
      View Details
    • $475,000
      1,700 SF

      Auburn Commercial Corner Lot

      Corner lot with remodeled interiors and high traffic visibility.
      4760 Heath Rd, Auburn, AL 36830
      View Details
    • $775,000
      4,360 SF

      Versatile Auburn Office Building

      Office building with residential space and potential for multiple tenants.
      525 Airport Rd, Auburn, AL 36830
      View Details
    • $800,000
      4,876 SF

      Prime Retail/Flex Space Opportunity

      Highly visible retail/flex space in a rapidly growing market.
      1848 Opelika Rd, Auburn, AL 36830
      View Details

    Similar Nearby for Lease

    • 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

      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 Auburn

      Retail space in a booming student housing complex.
      191 N College St, Auburn, AL 36830
      View Details
    • Contact for pricing

      Prime Corner Acreage for Lease

      Signalized corner location near Auburn University available for ground lease.
      1498 Opelika Rd, Auburn, AL 36830
      View Details
    • Contact for pricing
      13,253 SF

      Former CVS Available For Lease

      Former CVS available for lease with 13,253 SF.
      1498 Opelika Rd, Auburn, AL 36830
      View Details
    • $30 SF/Yr

      Retail Space For Lease

      Retail space available for lease.
      Samford Trce Ct, Auburn, AL 36830
      View Details
    Request Owner's contact information
    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.
    472 Dean Rd
    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
    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

    Thank You for Inquiry
    472 Dean Rd, Auburn, AL, 36830
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!