Property profile

101 Simmons St Opelika, AL 36801

OFF-MARKET
Office buildings
Property ID
US03-1734042
4,551 SF 0.98 ac lot Built 1968
Entity Owned Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Factory Industrial Manufacturer

Location

101 Simmons St Opelika, AL 36801-5643
Opelika metro Census 41300 AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$620k
Blend (final) Blend
$290k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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