601 7Th St, Opelika, AL 36801
This exceptional investment opportunity presents a 2,776-square-foot Class B office building in Opelika, Alabama, situated on a 0.62-acre lot at 601 S 7th St, 36801. The property boasts a 100% occupancy rate with a corporate-guaranteed NNN lease to Arrow, a stable tenant, extending until May 30, 2028 (3.5 years remaining, with a 5-year extension option). The building, constructed in 1945 and renovated in 2019, features a single story, 20 parking spaces, and a 700-square-foot basement storage area. The interior includes multiple rooms, a reception area, modern conference rooms, a kitchen, and showers. Hardwood floors throughout add a touch of elegance. The property offers a strong NOI of $49,560, resulting in an 8.62% cap rate, and is priced at $575,000 ($207.13/sq ft). Its convenient location near Downtown Opelika, shopping, restaurants, and public transportation, combined with its attractive features and long-term lease, makes this a compelling investment opportunity. The property is zoned C2 and has an APN of 1003074001044.00. This is a single-unit building with easy interstate access.
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Fellowship of Faith Christian Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.