4151 University BlvdTuscaloosa, AL 35404

  • Office buildings
  • 1,271 SF

Property Details for 4151 University Blvd

Year built
1994
Construction
WOOD
Lot size
0.39 AC
Property size (Sq ft)
1,271 SF
Zone code
BN
Property type
Office buildings
APN
30-05-21-4-006-003.000
APU
3005214006003000

Description

This 1,200 square foot single-tenant office building is ideally situated on University Blvd E in Tuscaloosa County, boasting excellent visibility and convenient access. The property sits on a 0.38-acre lot and is part of a retail center anchored by a Winn-Dixie grocery store, ensuring high foot traffic and strong brand recognition. The location offers exceptional accessibility, being less than seven minutes from Interstate 20, a major thoroughfare with an impressive 65,912 average annual daily traffic (AADT). University Blvd E itself sees a significant 18,906 AADT, guaranteeing substantial exposure for your business. The building's one-story design provides easy navigation and accessibility. This prime location is surrounded by a variety of well-established businesses, including Dollar Tree, Walgreens, McDonald's, Wendy's, and an Alabama Credit Union, creating a vibrant and thriving commercial environment. The property is perfect for a business seeking high visibility and convenient access to a large customer base. This is a rare opportunity to secure a well-positioned, single-tenant office space in a high-traffic area with strong surrounding retail presence. The property type is classified as retail and office, offering flexibility for various business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $177,903
    6.5%
    $164,218
    7%
    $152,488
  • Comparable approach

    Method
    Valuation
    Relative Method
    $88,216
    Geo Method
    $247,921
  • Alternative Use

    Use
    Valuation
    Residential
    $203,630
    Hospitality
    $186,524
    Educational
    $155,186
    Medical
    $160,523
    Retail
    $241,400

Location Insight

City
Tuscaloosa
County
Tuscaloosa
State
Alabama
Latitude
33.1984
Longitude
-87.4819
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
$1,830
$10,080
$25,460
$35,540
-
$50,400
$127,300
$177,700

FAQs

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