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Property profile & analytics
OFF-MARKET
Office Spaces

472 Dean Rd Auburn, AL 36830

2,220 SF 1.42 ac lot Built 1999
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1999
Total area 2,220 SF
Lot 1.42 ac (61,855 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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