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    Property profile & analytics
    OFF-MARKET Estimated value $615,000
    Office buildings

    101 Simmons St, Opelika, AL 36801-5643

    4,551 SF 0.98 ac lot Built 1968
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US03-1734042
    Property summary
    AI-generated overview

    This exceptional 4,070-square-foot flex space, situated on a half-acre lot at the corner of 2nd Ave and Simmons St, presents a unique investment opportunity. Built in 1985, the single-story building boasts a spacious open retail floor plan, ideal for a variety of uses. The property features a convenient dock-high loading ramp and door, enhancing operational efficiency. The rear of the building includes two bathrooms, an office, and ample storage space. The building's glass storefront provides excellent natural light and high visibility, making it perfect for retail businesses. The C2 zoning allows for multiple uses. This property benefits from a high daily traffic count of approximately 16,500 vehicles per day (2022 data), ensuring significant exposure. The current tenant is vacating, making this a blank canvas for your next venture. Landlord is open to negotiating a short-term lease (2-3 years). This location offers convenient access to Auburn and Opelika, providing a strategic advantage for businesses seeking a prominent presence in this thriving area. The property's size and features make it suitable for both retail and other commercial uses. This is a rare opportunity to acquire a well-located, versatile commercial property with excellent visibility and ample parking.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1968
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 4,551 SF
    Lot 0.98 ac (42,713 SF)
    APN 09-06-13-1-002-004-000
    UPID US03-1734042
    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
    • SM America Factory Industrial Manufacturer
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $620k
    Blend (final) Blend
    $615k
    Owner & transaction history
    RDMC INVESTMENT INC
    RDMC INVESTMENT INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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