For Sale
$2,495,000

1304 Veterans Memorial PkwyTuscaloosa, AL 35404

High-traffic location, 7,328 SF flex space.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a 1.67-acre property situated on a highly visible corner lot at 1304 Veterans Memorial Parkway in Tuscaloosa, Alabama, boasting an estimated 30,000 vehicles per day. The property comprises four parcels, including a 7,328 square foot flex space building, offering a blend of commercial and residential components. The main commercial building, totaling 5,760 square feet, features a clear span design constructed with steel and masonry, a convenient rear loading dock, and ample parking for 20 vehicles. Currently vacant, this building presents significant potential for various uses. Additionally, a 1,568 square foot residential house is included, currently leased for $1,000 per month with less than one year remaining on the lease term. An additional undeveloped one-acre lot provides further development possibilities. The entire property is priced at $2,495,000, representing a price per square foot of $340.47. Built in 1995, this property's prime location across from major retailers like Target and Home Depot ensures high visibility and accessibility, making it an attractive investment for both owner-occupiers and investors seeking strong rental income potential. The property's zoning and potential uses should be verified independently.

Highlights

  • $2,495,000 asking price for this 7,328 SF flex industrial property.
  • Located at 1304 Veterans Memorial Pkwy, Tuscaloosa, AL 35404.
  • 1.67-acre lot on a signalized corner with high traffic counts (estimated 30,000 VPD).
  • Includes a 5,760 SF clear-span commercial building with rear loading dock and 20 parking spaces.
  • Also features a 1,568 SF residential house (currently leased).

Property Details for 1304 Veterans Memorial Pkwy

Property type
Industrial properties, Flex space
Square Feet
7,328 SF
Year Built
1995
Lot Size (sq. ft)
72,745 SF

Location Insight

City
Tuscaloosa
County
Tuscaloosa
State
Alabama
Latitude
33.1976037
Longitude
-87.5184417
1304 Veterans Memorial Pkwy, Tuscaloosa, Alabama

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1304 Veterans Memorial Pkwy
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