1713 Opelika Rd Phenix City, AL 36867
- Auto shops
- 3,000 SF
- 5.00 lot acres
Current Use by Public Records
- Barnyard Antiques And Thrift / Antique Store / Thrift Store
- U-Haul Neighborhood Dealer / Van Rental Agency / Trailer Rental Service
- J & J Land Development Inc. / General Contractor
Property Details for 1713 Opelika Rd
- Year built
- 1973
- Lot size
- 5.00 lot acres
- Property size
- 3,000 SF
- Zone code
- O
- Property type
- Auto shops
- APN
- 05 02 09 02 002 002.002
- APU
- 5020902002002002
Description
This exceptional mixed-use property, located at 1713 Opelika Rd in Phenix City, Alabama, presents a unique investment opportunity. The 16,037 square foot building, constructed in 1955 and extensively renovated in 2020, sits on a sizable 1.35-acre lot, offering ample space and potential. Currently configured as a single unit, the property boasts a 12-foot ceiling height and is zoned C4, allowing for a variety of uses. The asking price is $1,000,000, translating to $62.36 per square foot. The property's strategic location near the T1 line provides excellent accessibility. Further enhancing its appeal, the property features a fully fenced perimeter and an existing sprinkler system. This owner-user investment opportunity is ideal for a business seeking a substantial footprint with significant expansion potential. The property's size, location, and recent renovations make it a compelling prospect for a discerning investor seeking a strong return on investment in a thriving Alabama market. The single-story building offers flexibility for various business models, from retail and office space to self-storage. This is a rare chance to acquire a substantial, well-maintained property in a prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $225,000
- 6.5%
- $220,000
- 7%
- $220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $215,000
- Geo Method
- $210,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $190,000
- Retail
- $195,000
- Mixed-Use
- $220,000
- Hospitality
- $230,000
- Educational
- $215,000
- Residential Income
- $195,000
- Energy
- $200,000
- Income-Based Land
- $190,000
- Food Service
- $225,000
Location Insight
- Map
- Local Demand
- City
- Phenix City
- County
- Russell
- State
- Alabama
- Longitude
- -85.0364
- Latitude
- 32.4861
- CBSA code
- 17980
- CBSA name
- COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA
