5120 Mcfarland BlvdTuscaloosa, AL 35405

  • Office properties
  • 10,100 SF
For Lease
$9.50/SF/YR View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,413,722
    6.5%
    $1,304,974
    7%
    $1,211,762
  • Comparable approach

    Method
    Valuation
    Relative Method
    $701,017
    Geo Method
    $1,970,106
  • Alternative Use

    Use
    Valuation
    Residential
    $1,618,168
    Hospitality
    $1,482,233
    Educational
    $1,233,200
    Medical
    $1,275,612
    Retail
    $1,918,312
5120 Mcfarland Blvd, Tuscaloosa, Alabama

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,322
$6,120
$136,060
$142,180
-
$30,600
$680,300
$710,900

FAQs

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