Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4 Pierce Rd Phenix City, AL 36867
    Back to Search
    Property profile & analytics

    4 Pierce Rd, Phenix City, AL 36867

    View on Map
    • Commercial real estate
    • 0.59 lot acres
    Off-Market
    Property ID
    US03-0132907
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 4 Pierce Rd

    Year built
    2019
    Lot size
    0.59 lot acres
    Property type
    Commercial real estate

    Description

    This 0.59-acre lot in Phenix City, Alabama, presents a unique investment opportunity. Located at 4 Pierce Road, this property boasts excellent visibility and accessibility, situated directly on US Highway 280/431 and Pierce Road, offering significant frontage on both. Built in 2019, the property is ideally suited for a wide range of commercial uses, including but not limited to office spaces (insurance, legal, medical, accounting), restaurants, and retail establishments. Its prime location adjacent to Home Depot and in a rapidly developing area of Russell County, near the Lee County line, ensures high traffic volume and strong potential for return on investment. Recent improvements include the repaving of Pierce Road connecting directly to Highway 280/431, enhancing accessibility and visibility. The property's versatility and strategic location make it an exceptional opportunity for entrepreneurs and investors seeking a foothold in a thriving commercial market. The asking price is $395,000. This is a single-building property on a 0.59-acre lot, offering significant potential for development and growth in a high-demand area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Phenix City
    County
    Russell - AL
    State
    Alabama
    Longitude
    -85.0536473
    Latitude
    32.5078862

    Comparable in this City

    • Contact for pricing
      6,000 SF

      Phenix City Freestanding Building

      Freestanding building on 1.34 acres near US-280 Bypass.
      1713 E 280 Byp, Phenix City, AL 36867
      View Details
    • Contact for pricing
      11,564 SF

      Phenix City Commercial Property

      Commercial property available for sale in Phenix City, Alabama.
      3615 S Railroad St, Phenix City, AL 36867
      View Details
    • $1,200,000

      Freestanding Building with Medical Offices

      13,248 SF building with medical offices and storage.
      1610 Opelika Rd, Phenix City, AL 36867
      View Details
    • $2,500,000
      119.60 Acres

      Phenix City Land Parcel

      119.6 acres of land near St. Andrews Subdivision.
      Preswick Dr Rd, Phenix City, AL 36867
      View Details
    • $999,000

      Phenix City Retail/Flex Property

      17,500 SF retail/flex property in Phenix City, Alabama.
      1921 Crawford Rd, Phenix City, AL 36867
      View Details
    • Contact for pricing
      0.48 Acres

      Residential Land in Phenix City

      Corner lot ready for construction in established neighborhood.
      S 13Th St, Phenix City, AL 36867
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,000 SF

      Phenix City Freestanding Building

      Freestanding building on 1.34 acres near US-280 Bypass.
      1713 E 280 Byp, Phenix City, AL 36867
      View Details
    • Contact for pricing
      11,564 SF

      Phenix City Commercial Property

      Commercial property available for sale in Phenix City, Alabama.
      3615 S Railroad St, Phenix City, AL 36867
      View Details
    • $60,000
      0.49 Acres

      Residential Land Package in Phenix

      Four residential lots totaling 0.49 acres in Phenix City, AL.
      915 16Th St, Phenix City, AL 36867
      View Details
    • $60,000
      0.10 Acres

      Residential Land Package Deal

      Land package deal in Phenix City, Alabama.
      927 16Th St, Phenix City, AL 36867
      View Details
    • $390,000

      Phenix City Commercial Building For Sale

      1,217 SF building ideal for retail or office space.
      1709 S 280 Byp, Phenix City, AL 36867
      View Details
    • $165,000

      Standalone Office Building on Crawford

      1,022 SF office building with good visibility and access.
      2306 Crawford Rd, Phenix City, AL 36867
      View Details

    Similar Nearby for Lease

    • $1,100 /Mo
      14,810 SF

      Phenix City Office Unit Rental

      Office unit with three offices, lobby, and bathroom.
      3703 Summerville Rd, Phenix City, AL 36867
      View Details
    • Contact for pricing

      Established Retail Center on Highway 280

      Retail center with high visibility and easy access on Hwy 280.
      1101 East 280 Byp, Phenix City, AL 36867
      View Details
    • Contact for pricing

      Retail Center in Phenix City

      Well-located retail center with high visibility and easy access.
      1101 East 280 Byp, Phenix City, AL 36867
      View Details
    • $1,800 /Mo
      576 SF

      Phenix City Office Space Available

      Office unit for rent featuring multiple offices and amenities.
      3703 Summerville Rd, Phenix City, AL 36867
      View Details
    • $10 SF/Yr

      Prime Retail Space on U.S. 280

      High-visibility retail space on U.S. 280, Phenix City, AL.
      1417 S 280 Byp, Phenix City, AL 36867
      View Details
    • $700 /Mo
      7,405 SF

      Phenix City Commercial Space Available

      Commercial space suitable for retail or fast food.
      1803 4Th Ave, Phenix City, AL 36867
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4 Pierce Rd
    Phenix City, AL 36867
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4 Pierce Rd, Phenix City, AL, 36867
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!