Parkerson Mill 2328 S College St 19,350 SF 100% Leased Retail Building Auburn, AL 36832 $11,400,000 ($589.15/SF)

The Village at Parkerson Mill presents an opportunity to acquire a fully leased retail and office investment property positioned along South College Street at one of Auburn's most visible commercial corridors. Constructed in 2000 and maintained by long-term ownership, the property benefits from established tenancy and direct access to Interstate 85, providing connectivity throughout the Auburn-Opelika market and the broader East Alabama region.
The asset is located near the primary interstate gateway serving Auburn University, downtown Auburn, and surrounding residential growth areas. Auburn continues to be supported by the presence of Auburn University, one of Alabama's largest higher education institutions, which contributes to the area's population stability, workforce pipeline, and ongoing commercial demand. The property's frontage along South College Street and proximity to Interstate 85 provide strong visibility and convenient access for tenants and visitors.
In addition to the existing income-producing improvements, the offering includes significant land holdings with interstate frontage that may support future development opportunities, subject to applicable approvals. The combination of stabilized occupancy, established tenant presence, strategic access, and additional land creates a multifaceted investment opportunity within one of Alabama's most recognized university markets. Investors have the ability to acquire a property with current cash flow while maintaining the potential to evaluate future development or expansion scenarios based on market conditions and entitlement considerations.