Property profile

1923 College St Auburn, AL 36832

OFF-MARKET
Turn key restaurants
Property ID
US03-1823289
2,304 SF 1 ac lot Built 2007
Individually Owned 17-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving Pizza Hut restaurant with a drive-thru, ideally situated in Auburn, Alabama's bustling retail corridor on South College Street. Boasting approximately 0.92 acres of land, this 2007-built property benefits from high visibility and significant daily traffic volume, averaging approximately 30,992 cars per day. The property features ample parking, a prominent pylon sign, and convenient cross-access with neighboring Krystal and Dollar Tree, ensuring maximum exposure and customer convenience. The existing drive-thru facilitates efficient service, while the inclusion of various operational equipment—including a vent hood, water heaters, and hand sinks—presents a significant advantage for a seamless transition. The property is zoned for commercial use and is identified by APN 19-01-01-0-000-014.000. This turnkey operation is priced at $1,400,000 and represents a compelling opportunity within a strong, established retail environment. The property's location in Lee County, Alabama, at 1923 S College St, Auburn, AL 36832, ensures easy access and high visibility for potential customers.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2007
Total area 2,304 SF
Lot 1 ac (43,560 SF)
APN 19-01-01-0-000-014-000
UPID US03-1823289

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Take-out & Catering

Location

1923 College St Auburn, AL 36832-6620
Auburn metro Census 40401 AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2009
1 recorded transaction
2009
$800,000

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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