Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    960 Opelika Rd Auburn, AL 36830-4024
    Property profile & analytics

    960 Opelika Rd, Auburn, AL 36830-4024

    View on Map
    • Automotive properties
    • 264 SF
    • 0.55 lot acres
    Off-Market
    Property ID
    US03-1786015
    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

    • Hiett Automotive / Car Dealership

    Property Details for 960 Opelika Rd

    Year built
    1997
    Construction
    WOOD
    Lot size
    0.55 lot acres
    Property type
    Automotive properties
    APN
    09-04-20-4-001-024-003
    APU
    904204001024003

    Description

    This exceptional commercial property, located at 960 Opelika Rd, Auburn, AL 36830, presents a unique investment opportunity. Situated on a half-acre lot (21,780 square feet) with 100 feet of frontage, this property boasts a high-traffic location, experiencing 20,000 vehicles per day. The property includes two buildings totaling 400 square feet, currently vacant, and offering a flexible layout. One building features two interior desks and a bathroom, while the other provides additional carport space. The property's Class C designation reflects its potential for renovation or repurposing. Built in 1997 and renovated the same year, the property offers 15 parking spaces. Utilities include electricity. The property's load factor is 1.33, and the building floor area ratio (FAR) is 300. This single-tenant property is ideal for a variety of commercial uses, benefiting from its proximity to downtown Auburn and high visibility. The property's size and location make it an attractive option for businesses seeking a prominent presence in a thriving market. This is a rare opportunity to acquire a well-positioned commercial lot 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
    Auburn
    County
    Lee
    State
    Alabama
    Longitude
    -85.4614
    Latitude
    32.6177
    CBSA code
    12220
    CBSA name
    AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,854
    $47,000
    $5,848
    $52,848
    -
    $235,000
    $29,240
    $264,240

    Comparable in this City

    • Value Estimation by Request
      2,100 SF

      1777 Glenn Ave

      VEHICLE SALES, RENTALS
      1777 Glenn Ave, Auburn, AL 36830-6451
      View Details
    • Value Estimation
      $2,085,000
      23,116 SF

      170 Crk Pkwy

      VEHICLE SALES, RENTALS
      170 Crk Pkwy, Auburn, AL 36830-7007
      View Details
    • Value Estimation by Request
      7,427 SF

      645 Opelika Rd

      VEHICLE SALES, RENTALS
      645 Opelika Rd, Auburn, AL 36830-4013
      View Details
    • Value Estimation
      $710,000
      19,140 SF

      973 Opelika Rd

      VEHICLE SALES, RENTALS
      973 Opelika Rd, Auburn, AL 36830-4023
      View Details
    • Value Estimation by Request
      1,232 SF

      802 Opelika Rd

      SERVICE STATION (FULL SERVICE)
      802 Opelika Rd, Auburn, AL 36830-4022
      View Details
    • Value Estimation by Request
      1.69 Acres

      234 Magnolia Ave

      PARKING GARAGE, PARKING STRUCTURE
      234 Magnolia Ave, Auburn, AL 36830-1316
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,278 SF

      Main Street Auto Auburn, AL

      NNN leased auto property with long-term tenant in place.
      459 Opelika Rd, Auburn, AL 36830
      View Details
    • Contact for pricing
      3,185 SF

      Opelika Road Commercial Land Available

      1.14 acre commercial land with 3,185 SF building.
      1810 Opelika Rd, Auburn, AL 36830
      View Details
    • Contact for pricing
      4,876 SF

      Prime Retail/Flex Space Opportunity

      Highly visible retail/flex space in a rapidly growing market.
      1848 Opelika Rd, Auburn, AL 36830
      View Details
    • Contact for pricing
      4,876 SF

      Retail/Flex Space in Auburn, AL

      Highly visible retail/flex space in a rapidly growing market.
      1848 Opelika Rd, Auburn, AL 36830
      View Details
    • $2,200,000

      Freestanding Building on University Drive

      One-story building with frontage on University Blvd in Auburn, AL.
      2085 E University Dr, Auburn, AL 36830
      View Details
    • Contact for pricing

      Retail Condo with Dedicated Parking

      Retail condo offering 33 dedicated parking spaces and minimal landlord involvement via the condo association.
      234 W Magnolia Ave, Auburn, AL 36830
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Auburn, Alabama

      Available retail anchor space in a dominant market.
      1716 Opelika Rd, Auburn, AL 36830
      View Details
    • Contact for pricing

      Retail, Office, and Restaurant Space

      Mixed-use center with retail, office, and restaurant spaces for rent.
      834 Opelika Rd, Auburn, AL 36830
      View Details
    • Contact for pricing

      Retail Space in Auburn

      Retail space in a booming student housing complex.
      191 N College St, Auburn, AL 36830
      View Details
    • Contact for pricing
      13,253 SF

      Former CVS Available For Lease

      Former CVS available for lease with 13,253 SF.
      1498 Opelika Rd, Auburn, AL 36830
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      Samford Trce Ct, Auburn, AL 36830
      View Details
    • Contact for pricing

      Retail Space Near Auburn University

      Retail space available in mixed-use development near Auburn University.
      206 N Gay St, Auburn, AL 36830
      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.
    960 Opelika Rd
    Auburn, AL 36830-4024
    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
    960 Opelika Rd, Auburn, AL, 36830
    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!