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    1610 Opelika Rd Phenix City, AL 36867
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    1610 Opelika Rd Phenix City, AL 36867

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    • Medical Office Space
    • 13,248 SF
    For Sale
    $1,200,000
    View Listing →
    Freestanding Building with Medical Offices For Sale
    $1,200,000
    13,248 SF

    Freestanding Building with Medical Offices

    13,248 SF building with medical offices and warehouse space.

    1610 Opelika Rd, Phenix City, AL 36867
    View Listing
    Property ID
    US03-1316632
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Caring For Kids / Pediatrician / Medical Clinic
    • Alabama Obstetrics LLC / Physician
    • Dr. Willis M. Privott Jr, MD / Pediatrician / Medical Clinic
    • Dr. Thomas Malone / Physician

    Property Details for 1610 Opelika Rd

    Property size
    13,248 SF
    Property type
    Medical Office Space
    Property subtype
    Warehouses

    Description

    This +/- 13,248 SF freestanding building is listed at $1,200,000 and sits on 0.83 acres of land. The building is compromised of two separate sections of medical offices, with separate entry's, currently known as Caring For Kids and Alabama Obstetrics. Ample parking is available for both employees and patients. Warehouse / storage space is in the rear of the building. This space is ideal for another medical office as there are several exam rooms and bathrooms are included in both office spaces, along with a lobby / reception area, waiting rooms, nurses station, private offices and break room. Right off of US-80 / Crawford Rd and US HWY 280 for travel purposes. Both CVS Pharmacy and Walgreens are under a mile away from the property.

    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
    Phenix City
    County
    Lee
    State
    Alabama
    Longitude
    -85.024614
    Latitude
    32.476552

    Comparable in this City

    • $1,200,000

      Freestanding Building with Medical Offices

      13,248 SF building with medical offices and storage.
      1610 Opelika Rd, Phenix City, AL 36867
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      Class A Medical Office Building

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      Phenix City Medical Office Building

      2,400 SF medical office space for sale in Phenix City.
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      Phenix City Office/Medical Building

      2400 SF building suitable for office or medical use.
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    • $325,000
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      Professional/Medical Office Building Opportunity

      Freestanding 1,818 SF office building in Phenix City, Alabama.
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    • $285,000

      Phenix City Office/Medical Building

      2,400 SF office/medical building for sale in Phenix City.
      1615 21St Ct, Phenix City, AL 36867
      View Details

    Similar Nearby for Sale

    • $1,200,000

      Freestanding Building with Medical Offices

      13,248 SF building with medical offices and storage.
      1610 Opelika Rd, Phenix City, AL 36867
      View Details
    • Contact for pricing

      Class A Medical Office Building

      Medical office building with conference and break rooms for tenants.
      1810 Stadium Dr, Phenix City, AL 36867
      View Details
    • Contact for pricing
      2,400 SF

      Phenix City Medical Office Building

      2,400 SF medical office space for sale in Phenix City.
      1615 21St Ct, Phenix City, AL 36867
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      Phenix City Office/Medical Building

      2400 SF building suitable for office or medical use.
      1615 21St Ct, Phenix City, AL 36867
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    • $325,000
      1,818 SF

      Professional/Medical Office Building Opportunity

      Freestanding 1,818 SF office building in Phenix City, Alabama.
      1621 Broad Street Ext, Phenix City, AL 36867
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    • $285,000

      Phenix City Office/Medical Building

      2,400 SF office/medical building for sale in Phenix City.
      1615 21St Ct, Phenix City, AL 36867
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    Similar Nearby for Lease

    • Contact for pricing

      Class A Medical Office Building

      Medical office space for rent in Phenix City, Alabama.
      1810 Stadium Dr, Phenix City, AL 36867
      View Details
    • $3,650 /Mo
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      Renovated Office Space Available

      Move-in ready office space with modern amenities and ample parking.
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      Phenix City Office Building

      Well-maintained office building with convenient access and ample parking.
      5009 River Chase Dr, Phenix City, AL 36867
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    • New
      $1,100 /Mo
      14,810 SF

      Phenix City Office Unit Rental

      Office unit with three offices, lobby, and bathroom.
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      Retail Center in Phenix City

      Well-located retail center with high visibility and easy access.
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      Phenix City Office Space Available

      Office unit for rent featuring multiple offices and amenities.
      3703 Summerville Rd, Phenix City, AL 36867
      View Details
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    Phenix City, AL 36867
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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