Technical
Financial
Distress signals
Property profile

1805 Opelika Rd Auburn, AL 36830

OFF-MARKET
Turn key restaurants
Property ID
US03-1817126
8,383 SF 1.84 ac lot Built 1990
Entity Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 8,383-square-foot free-standing restaurant building is located at 1805 Opelika Road in Auburn, Alabama, zip code 36830. Previously occupied by a Red Lobster, this single-tenant property offers significant potential for a variety of restaurant concepts. Its prime location adjacent to the Auburn Mall ensures high visibility and accessibility, benefiting from a substantial daily traffic count of 49,285 vehicles. The property boasts ample parking with 125 spaces, providing convenient access for patrons. The building's size and layout are well-suited for a full-service restaurant or a quick-service restaurant (QSR). Its strategic placement within a thriving retail and restaurant corridor guarantees a strong customer base. The property's prominent location and substantial size make it an attractive opportunity for established restaurant operators or new ventures seeking a high-traffic location in a bustling Alabama city. This is a turn-key opportunity for a restaurant looking to establish a presence in a high-traffic area with excellent visibility and ample parking. The property is situated at 32.62642465833319 latitude and -85.44284097971698 longitude.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1990
Construction WOOD
Total area 8,383 SF
Lot 1.84 ac (80,150 SF)
APN 09-05-21-1-000-010-000
UPID US03-1817126

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1805 Opelika Rd Auburn, AL 36830-2807
Auburn metro Census 41102 AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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