2019 Pepperell Pkwy Opelika, AL 36801-5441

Property Details for 2019 Pepperell Pkwy

Year built

1992

Construction

WOOD

Lot size

1.19 lot acres

Property size

3,491 SF

Property type

Drive through restaurants

APN

09-06-14-1-000-015-006

APU

906141000015006

Description

This exceptional investment opportunity presents a 3,491 square foot, single-story, Class B building situated on a 1.5-acre lot in Opelika, Alabama. Currently operating as a Dairy Queen (business not included in sale), the property boasts 100% occupancy and offers significant potential for various commercial uses. Built in 1992 and renovated in 2002, the building features 49 parking spaces and is zoned C-3. Its prime location on Pepperell Parkway, directly across from East Alabama Medical Center, ensures high visibility and accessibility. The property benefits from its placement within a Lee County Opportunity Zone, providing substantial tax advantages. High daily traffic counts, proximity to major routes (including I-85, approximately 2.2 miles away), and its location within the rapidly growing Auburn-Opelika area, near Tiger Town, contribute to its strong investment potential. The sale includes the land and building only; the existing business is not part of the sale and is expected to vacate within six months. This presents a unique chance to acquire a versatile, turn-key space in a thriving commercial corridor, offering significant returns for forward-thinking investors. The asking price is $2,900,000 ($830.71 per square foot). The property's APN is 7217. Ownership is held by a corporation. The sale is offered directly by the owner.