3509 Culver RdTuscaloosa, AL 35401

Property Details for 3509 Culver Rd

Year built

1960

Lot size

1.15 AC

Property size (Sq ft)

2,169 SF

Zone code

BH

Property type

Grocery and convenience stores

APN

31-09-32-2-001-040.000

APU

3109322001040000

Description

This exceptional 2.3-acre commercial property presents a unique investment opportunity in a prime Tuscaloosa location. Boasting 100,188 square feet, the site benefits from significant frontage along three major thoroughfares: Culver Road, Fosters Ferry Road, and Joe Mallisham Parkway. The property sits at a signalized intersection, ensuring high visibility and accessibility for potential businesses. Its history as a successful convenience store location speaks to its proven commercial viability. This strategic location offers unparalleled access to Tuscaloosa's bustling heavy industrial area, making it an ideal site for businesses seeking proximity to a significant workforce and industrial activity. The substantial size of the lot allows for a variety of development options, catering to diverse commercial needs. The property's prominent position and established commercial history make it a compelling investment prospect with significant potential for future growth and profitability. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $615,000.

• CAP approach

  CAP return

  Valuation

  6%

  $446,308

  6.5%

  $411,977

  7%

  $382,550

• Comparable approach

  Method

  Valuation

  Relative Method

  $379,384

  Geo Method

  $1,066,174

• Alternative Use

  Use

  Valuation

  Residential

  $347,518

  Hospitality

  $318,324

  Educational

  $264,842

  Medical

  $273,950

  Retail

  $411,977

Location Insight

City

Tuscaloosa

County

Tuscaloosa

State

Alabama

Latitude

33.1807

Longitude

-87.6104

CBSA code

46220

CBSA name

TUSCALOOSA, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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