472 Dean Rd Auburn, AL 36830
This exceptional 2,220 square foot Class B office condominium, located at 472 N Dean Rd, Auburn, AL 36830, presents a compelling investment opportunity. Situated on a 1.42-acre lot within Lee County's Comprehensive Development District (CDD), this two-story building, constructed in 1999 and extensively renovated between 2021 and 2023, boasts a strong history of high occupancy. Unit 205, currently divided into two spaces (approximately 960 and 1,260 square feet), offers flexibility. One space is leased until January 31, 2026, providing immediate income. The unit can easily be converted into a single, contiguous space to suit a variety of needs. Conveniently located near the intersection of N. Dean and Opelika Roads in central Auburn, this property features an elevator for easy access to the second-floor unit. The property's strong financial performance is reflected in its pro-forma NOI of $26,400 and a 7.33% pro-forma cap rate. The asking price is $360,000. APN: 43-09-04-20-4-002-029.000 205. This is a rare opportunity to acquire a well-maintained, income-producing office condo in a prime Auburn location.
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Andrew Shaw, @Home with Prestige Properties Real Estate Agency
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Auburn Corrective Massage Therapy Alternative Medicine Practice Spa & Massage Center
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Community Rehab and Performance Physician
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Porter Properties LLC Real Estate Agency
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Carole Harrison, Realtor, Porter Properties Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.