Property profile

410 2nd Ave Opelika, AL 36801

OFF-MARKET
Office buildings
Property ID
US03-3040113
2,680 SF 0.46 ac lot Built 1928
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 410 2nd Avenue in Opelika, Alabama, presents a compelling investment opportunity. The property encompasses a sizable 0.46-acre lot, offering ample space for various industrial uses. Currently occupied by a tenant, this provides immediate cash flow potential. Please note that showing appointments are required due to the tenant occupancy, and availability is limited and subject to change on a week-to-week basis. Prospective buyers should be prepared for scheduling flexibility and potential delays in viewing the property. The asking price for this strategically located Opelika industrial property is $599,000. Given the current market conditions and the property's size and location, this represents a strong value proposition for investors seeking a stable, income-generating asset in a growing Alabama market. Further details regarding the tenant lease agreement and property specifics can be provided upon request and after scheduling a viewing appointment. Serious inquiries only. The property's precise square footage is currently unavailable.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1928
Total area 2,680 SF
Lot 0.46 ac (20,000 SF)
APN 10-03-07-1-002-109-000
UPID US03-3040113

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
  • IT Consulting Firm (Bike/Boat/Book/etc) Store

Location

410 2nd Ave Opelika, AL 36801-4314
Opelika metro Census 41200 AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

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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