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    2900 University Dr Auburn, AL 36830-7728
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    Property profile & analytics

    2900 University Dr Auburn, AL 36830-7728


    • Grocery and convenience stores
    • 45,600 SF
    • 8.50 lot acres
    Off-Market
    Property ID
    US03-1953213
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,050,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • City National Bank - Presto ATM / Atm
    • Publix Pharmacy at The Shoppes at Cary Creek / Pharmacy
    • Western Union / Bank / Credit Union
    • Redbox / Cinema / (Bike/Boat/Book/etc) Store
    • Dr. Anthony Spina / Physician

    Property Details for 2900 University Dr

    Year built
    2012
    Construction
    CONCRETE BLOCKS
    Lot size
    8.50 lot acres
    Property size
    45,600 SF
    Property type
    Grocery and convenience stores
    APN
    09-04-18-0-000-010-000
    APU
    904180000010000

    Description

    This exceptional retail shopping center, the Shops at Cary Creek, presents a prime opportunity for service-based retail or specialty businesses. Located at 2900 E University Dr in Auburn, Alabama, 36830, this Class C property boasts a total of 63,100 square feet on an 8.34-acre lot. Currently, there are 2,800 square feet of vacant space available, with a minimum divisible unit size of 1,400 square feet. The center enjoys a highly desirable location at the corner of N College St & E University Dr, benefiting from exceptional visibility and accessibility. Its proximity to Auburn University, one of the largest universities in the South, with an enrollment of 28,290 students and 5,500 employees, ensures a substantial and consistent customer base. Auburn's status as the fastest-growing MSA in Alabama further underscores the investment potential of this property. The high traffic counts of approximately 22,433 AADT on E University Dr provide significant exposure for businesses operating within the center. This is an ideal location for businesses seeking to capitalize on the vibrant and growing Auburn market. The property is categorized as a multi-tenant shopping center in Lee County.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $825,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,277,000
      Market price range: $493k - $1.28M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $710,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,310,000
      Change: +85% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Lee
    State
    Alabama
    Longitude
    -85.4799
    Latitude
    32.6378
    CBSA code
    12220
    CBSA name
    AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $101,628
    $555,400
    $1,881,992
    $2,437,392
    -
    $2,777,000
    $9,409,960
    $12,186,960
    More about this property
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