5120 Mcfarland BlvdTuscaloosa, AL 35405

Property Details for 5120 Mcfarland Blvd

Year built

1987

Lot size

0.51 AC

Property size (Sq ft)

10,100 SF

Zone code

BGO

Property type

Office buildings

APN

36-01-01-4-001-001.003

APU

3601014001001003

Description

This exceptional commercial property at 5120 McFarland Blvd E in Tuscaloosa, Alabama, offers a versatile space ideal for a variety of businesses. Located in Tuscaloosa County, zip code 35405, this 12,450 square foot building boasts a prime location on busy McFarland Boulevard/Highway 82, ensuring high visibility and easy access. The property is classified as Retail, Office, and Industrial, with a warehouse subtype, and features multiple tenancy options. Two spaces are currently available, ranging in size from 2,250 square feet to 10,200 square feet, allowing for flexibility to suit diverse business needs. The building's design caters to businesses requiring both storefront and warehouse space, making it perfect for a professional user needing a combined retail and storage solution. This property presents a unique opportunity to establish a strong presence in a high-traffic area of Tuscaloosa. The address is easily accessible from Highway 82, providing excellent visibility and convenient access for customers and employees. The property's size and layout offer significant potential for growth and expansion. This is a rare opportunity to secure a well-located and adaptable commercial space in a thriving Alabama market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,602,220

  6.5%

  $1,478,970

  7%

  $1,373,330

• Comparable approach

  Method

  Valuation

  Relative Method

  $701,017

  Geo Method

  $1,970,110

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,785,930

  Retail / Commercial

  $1,453,240

  Mixed-Use / Specialty

  $1,467,470

  Hospitality / Lodging

  $1,101,910

  Institutional / Educational

  $1,532,520

  Residential Income

  $1,793,040

  Multifamily

  $2,042,870

  Automotive / Energy

  $1,313,590

  Parking / Income-Based Land

  $434,126

  Restaurant / Food Service

  $804,668

  Healthcare / Senior Housing

  $1,484,960

Location Insight

City

Tuscaloosa

County

Tuscaloosa

State

Alabama

Latitude

33.1608

Longitude

-87.5263

CBSA code

46220

CBSA name

TUSCALOOSA, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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