Property profile

403 2nd Ave Opelika, AL 36801

OFF-MARKET
Retail properties & Spaces
Property ID
US03-1447210
6,400 SF 0.92 ac lot Built 2013
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 2013
Construction CONCRETE BLOCKS
Total area 6,400 SF
Lot 0.92 ac (40,075 SF)
APN 10-03-07-1-002-113-000
UPID US03-1447210

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Trucking Company

Location

403 2nd Ave Opelika, AL 36801
Opelika metro Census 41600 AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
$837k
Blend (final) Blend
$365k

Owner & transaction history

since 2013
2 recorded transactions
2013
$1.6M
2012
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $810,000 +42.6%
Auto repair, garage $650,000 +15.1%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 403 2nd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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