Technical
Financial
Distress signals
Property profile

350 Bragg Ave Auburn, AL 36830

OFF-MARKET
Retail properties & Spaces
Property ID
US03-0404617
5,080 SF 1 ac lot Built 1989
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2.52-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Auburn, Alabama. Located at 350 Bragg Avenue, this property boasts a highly desirable location with significant potential for a wide range of commercial developments. The expansive acreage offers ample space for construction of a substantial building, allowing for flexibility in design and functionality to suit various business needs. Its strategic positioning within Auburn ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in this dynamic market. The property's size and location make it ideal for a variety of uses, including retail, office, or light industrial development. Given the current market conditions and the property's prime location, this represents a significant opportunity for investors seeking a high-return investment in a rapidly growing area. The absence of existing structures allows for complete design freedom, enabling the creation of a bespoke commercial space tailored to specific requirements. Prospective buyers are encouraged to conduct their own due diligence to fully assess the potential of this exceptional property. The asking price of $3,100,000 reflects the significant value and potential of this prime commercial land offering in Auburn, Alabama. This is a rare opportunity to acquire a substantial land parcel in a highly sought-after location.

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1989
Total area 5,080 SF
Lot 1 ac (43,560 SF)
APN 09-09-30-2-001-103-000
UPID US03-0404617

Cap rate & NOI

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

Location

350 Bragg Ave Auburn, AL 36830-3835
Auburn metro Census 40903 AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

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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