1550 Pumphrey Ave Auburn, AL 36832-4302
Property profile & analytics
1550 Pumphrey Ave Auburn, AL 36832-4302
- Office buildings
- 9,486 SF
- 1.44 lot acres
Property ID
US03-1619320
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- PA-Logic Solutions, LLC / (Bike/Boat/Book/etc) Store / Corporate Office
Property Details for 1550 Pumphrey Ave
- Year built
- 1974
- Construction
- CONCRETE
- Lot size
- 1.44 lot acres
- Property size
- 9,486 SF
- Property type
- Office buildings
- APN
- 08-07-26-0-000-015-000
- APU
- 807260000015000
Description
This exceptional investment opportunity presents two Class B creative office buildings totaling 17,886 square feet, situated on a combined 3.05 acres in Auburn, Alabama's Auburn Industrial Park. Currently 100% occupied by a credit-rated single tenant under a modified lease with 4.5 years remaining on a 7-year term, featuring 2.5% annual rent bumps and one renewal option. The property boasts a strong net operating income (NOI) of $294,957, yielding an 8.31% cap rate at the asking price of $3,550,000 ($198.48/SF). Recent renovations exceeding $1,000,000 include new acoustical ceilings, LED lighting, HVAC systems, flooring, and a resurfaced parking lot (9.1 spaces per 1,000 sq ft). The strategic location, less than 3 miles from Auburn University and near major highways (Hwy 280 and I-85), provides excellent access and benefits from the presence of 37 national and international corporations in the park, including a newly opened, large data center. The Auburn Industrial Park boasts 0% vacancy within a 2-mile radius, and the submarket is projected to experience 11.1% growth over the next five years. This offering provides a secure, high-return investment in a thriving location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Lee
- State
- Alabama
- Longitude
- -85.5118
- Latitude
- 32.6032
- CBSA code
- 12220
- CBSA name
- AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,875
$3,760
$123,564
$127,324
-
$18,800
$617,820
$636,620
