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Property profile & analytics
OFF-MARKET
Banks
1192 Donahue Dr Auburn, AL 36832-5848
Entity Owned
Absentee Owner
Free & Clear
Property ID
US03-1790229
Property summary
AI-generated overview
This exceptional commercial land offering presents two parcels totaling between 0.94 and 1.15 acres, strategically located in Auburn, Alabama, at 1192 S. Donahue Drive, zip code 36830. The property boasts a highly visible frontage along South College Street and Donahue Drive, benefiting from a lighted intersection directly across from Auburn University, a major institution with a student body exceeding 31,764. Its proximity to Auburn University's Nursing School and Osteopathic Medical School makes it exceptionally attractive for businesses catering to students and the medical community. The parcels offer convenient access via three distinct points from South College Street and Donahue Drive. Development is simplified by the existing infrastructure
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2021
Construction
WOOD
Total area
4,114 SF
Lot
1.25 ac (54,450 SF)
APN
18-03-06-0-000-414-000
UPID
US03-1790229
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
-
Quinn Harrelson at River Bank and Trust Loan Service Bank
-
River Bank & Trust Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
RIVER BANK & TRUST BANKING CORPORATION
RIVER BANK & TRUST BANKING CORPORATION
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$25,316
Tax year 2023
Assessed value
$468,808
Assessed 2023
Previous assessed
$311,350
+50.6% YoY
Effective rate
5.40%
On assessed value
Assessed land
$258,080
Assessed improvement
$210,728
Land market value
$1,290,400
Improvement market value
$1,053,640
Total market value
$2,344,040
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2021
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
4,114 SF
Lot
1.25 ac (54,450 SF)
APN
18-03-06-0-000-414-000
UPID
US03-1790229
Jurisdiction
LEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2021
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
RIVER BANK & TRUST BANKING CORPORATION
Entity
Free & Clear · 0 yrs held
Mailing address
2611 LEGENDS DR, PRATTVILLE, AL 36066-7761
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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