1908 Opelika Rd Auburn, AL 36830
- Flex space
- 3.97 lot acres
Current Use by Public Records
- Rojas Administrative Services / Notary Public / Business Administration Service
- Esperanza House / Non-Profit Organization
Property Details for 1908 Opelika Rd
- Year built
- 195
- Lot size
- 3.97 lot acres
- Property type
- Flex space
Description
This exceptional value-add investment opportunity in Auburn, Alabama, presents a unique blend of commercial and residential income streams. Located on Opelika Road and Duke Circle, the property encompasses approximately 3.97 acres and features a diverse portfolio of ten buildings, including one commercial building on Opelika Road, one flex warehouse situated just off Opelika Road, and eight residential rental units (a mix of duplexes and triplexes) totaling fourteen rental units. Currently, the property boasts two commercial tenants and a few vacant residential units, presenting immediate potential for increased rental income. The existing rental units are below market rates, offering significant upside for a savvy investor. The property benefits from a high daily traffic count of approximately 23,700 vehicles per day on Opelika Road, ensuring excellent visibility and accessibility. The property is zoned CRD-S and is conveniently located within the Auburn school districts, offering a desirable location for both commercial and residential tenants. The site also features a private dead-end street, enhancing the overall appeal and security. The asking price is $1,675,000, representing a compelling investment opportunity in a thriving market. This fee-simple ownership offers significant potential for long-term growth and profitability. Built in 1950, the property is classified as Class C.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Lee
- State
- Alabama
- Longitude
- -85.440954618937
- Latitude
- 32.627494256114
