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Golden Goose Learning Center 101 N Fifth St 4,000 SF Retail Building Opelika, AL 36801 $480,000 ($120/SF) 6.76% Cap Rate



Investment Highlights
- ±4,000 SF freestanding building situated on a ±0.48-acre parcel
- Formerly utilized as a Salvation Army retail store, demonstrating adaptive reuse potential
- Functional single-story layout with on-site parking and efficient site circulation
- Currently occupied by Golden Goose Learning Center, a childcare operator
- Offered for sale as a fee-simple real estate investment
- Centrally located near Downtown Opelika within the Auburn–Opelika MSA
Executive Summary
This offering presents the opportunity to acquire a ±4,000 square foot freestanding building located at 101 North 5th Street in Opelika, Alabama. The property is situated on a ±0.48-acre parcel and is being offered for sale as a fee-simple interest. The building is currently occupied by Golden Goose Learning Center, a childcare operator, and is configured to support early childhood education use, subject to applicable licensing and regulatory requirements. The property was formerly operated as a Salvation Army retail store, highlighting the building’s adaptability to multiple community-serving uses.
The property is centrally located within the Auburn–Opelika metropolitan area, offering convenient access to Downtown Opelika, Auburn University, and surrounding residential neighborhoods. The immediate area is characterized by a mix of residential, service-oriented, and community uses that support local demand. Given its location, building configuration, and surrounding demographics, the property may appeal to investors seeking a community-serving asset or owner-users evaluating future repositioning opportunities, subject to zoning and approvals.
The property is centrally located within the Auburn–Opelika metropolitan area, offering convenient access to Downtown Opelika, Auburn University, and surrounding residential neighborhoods. The immediate area is characterized by a mix of residential, service-oriented, and community uses that support local demand. Given its location, building configuration, and surrounding demographics, the property may appeal to investors seeking a community-serving asset or owner-users evaluating future repositioning opportunities, subject to zoning and approvals.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
4,000 SF
Building Class
B
Year Built
2004
Price
$480,000
Price Per SF
$120
Cap Rate
6.76%
NOI
$32,462
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.48 AC
Zoning
C-2 - Office/Retail District
Frontage
140’ on N 5th St
Amenities
- Pylon Sign
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-03-07-1-002-119.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $71,000 |
Property Taxes
Parcel Number
10-03-07-1-002-119.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$71,000
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Golden Goose Learning Center | 101 N Fifth St
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