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Sold over 4 years ago

$299,000

4.0 rooms 2 ba 5000 sqft

181 Columbus Pkwy, Opelika, AL 36801

Commercial Commercial Occupied

Current Rent **

$2,900

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Retail/Warehouse Space in Opelika, AL

181 Columbus Pkwy is a 5000+/-sqft commercial flex building near Downtown Opelika, AL, HWY 280, and i85. It features a glass front retail space with two separable warehouse spaces attached. The occupying business has found another location they would like to move to, and the property is for sale to a new business or investor, OR is the building is also available for lease at a rate of $2,900/mo. This is a great commercial building in a central location in flourishing Opelika, located on Columbus Pkwy with a 22,000+ annual average daily traffic.

Listed by:
Jake Roland
Three Sixty {real estate}
[email protected]

Location:

181 Columbus Pkwy, Opelika, AL 36801

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.