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Property profile & analytics
FOR LEASE
Retail properties & Spaces

1203 Opelika Rd Auburn, AL 36830

1,740 SF 0.66 ac lot Built 1965
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-1410548
Property summary
AI-generated overview

This exceptional 0.67-acre industrial property presents a compelling investment opportunity in Auburn, Alabama. Situated on Opelika Road, a major retail corridor boasting daily traffic counts exceeding 25,000 vehicles, this location offers unparalleled visibility and accessibility. The property includes a substantial 2490 square foot building, featuring a spacious garage/storage area, ideal for a variety of uses. Its strategic placement directly across from Midtown further enhances its desirability. The property's size and location make it suitable for a range of businesses seeking high visibility and convenient access to a large customer base. The substantial traffic volume ensures significant exposure, making this an attractive proposition for investors seeking a strong return on investment. This is a rare opportunity to acquire a well-positioned industrial property in a thriving area with high traffic volume and excellent visibility. The existing building provides immediate utility, while the ample lot size allows for potential expansion or redevelopment. Don't miss this chance to secure a prime piece of commercial real estate in a high-demand location.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1965
Construction CONCRETE BLOCKS
Total area 1,740 SF
Lot 0.66 ac (28,750 SF)
APN 09-05-21-2-000-025-000
UPID US03-1410548
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
  • Mike Shabo's U-Save Car Rental Facility
  • U-Haul Neighborhood Dealer Car Rental Facility
  • Kustom Klean Car Wash
  • U-Save Car & Truck Rental - Auburn Car Rental Facility
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
Tiger Tire LLC · 12 yrs held
Tiger Tire LLC
since 2013
2 recorded transactions
2013
$140,000
2012
$445,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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