Property profile

1101 Jeter Ave Opelika, AL 36801

OFF-MARKET
Manufacturing properties
Property ID
US03-1410308
177,673 SF 21.5 ac lot Built 2007
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 400,000-square-foot manufacturing facility, situated on a 34.5-acre campus in Opelika, Alabama, presents a unique owner-user opportunity. Built in 2007 and renovated in 2017, this Class B industrial property boasts eight loading docks, six dock-high doors, and ample parking for 250 vehicles. The two-story building offers extensive manufacturing space, complemented by dedicated office areas, a conference room, and research/lab space. The property features clean rooms, two electrical feeds with an automatic switchover flywheel system, compressed air and water lines, seven cooling towers, 23 air handlers, and four tubular natural gas boilers. Heavy power (3-phase) is available. The property is currently vacant. Its strategic location near Interstate 85 provides easy access to Atlanta's Hartsfield-Jackson International Airport, enhancing logistical efficiency. Opelika's thriving economy, fueled by major corporations and the presence of Auburn University, offers a robust and growing market. The city benefits from a state-of-the-art fiber optic system, ensuring high-speed internet access. Manufacturing equipment may be available for purchase separately. The asking price is $30,000,000.

Property profile

Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 2007
Total area 177,673 SF
Lot 21.5 ac (936,540 SF)
APN 10-02-09-2-000-002-009
UPID US03-1410308

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
  • Industrial Manufacturer Production Facility
  • Medical Clinic

Location

1101 Jeter Ave Opelika, AL 36801-3885
Opelika metro Census 41600 AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.21M

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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