2116 Mcmillan St Auburn, AL 36832
This exceptional 2-acre industrial lay-down yard, situated within the Auburn Industrial Park, presents a unique investment opportunity. Boasting a total area of 92,783 square feet, this single-tenant property offers significant flexibility. The site is conveniently located approximately two miles from downtown Auburn, providing easy access to transportation routes and essential amenities. A substantial portion of the land is comprised of a gravel area exceeding half an acre, ideal for various industrial uses. The current asking rent is $2,000 per month; however, this figure is negotiable, particularly if a smaller portion of the property is leased or if a larger area is required. The property's layout allows for potential subdivision, catering to businesses with varying space needs. This presents a compelling opportunity for businesses seeking a strategically located, adaptable industrial space in a thriving area. The property's size and location make it suitable for a range of industrial operations, from storage and staging to equipment maintenance and light manufacturing. Its proximity to downtown Auburn ensures convenient access to a skilled workforce and a robust support infrastructure. The flexible lease terms and potential for customization further enhance the property's appeal to a wide range of potential tenants. Serious inquiries are encouraged to explore this exceptional industrial land offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.