3160 Mcfarland BlvdNorthport, AL 35476

Property Details for 3160 Mcfarland Blvd

Year built

1968

Lot size

3.60 AC

Property size (Sq ft)

24,000 SF

Zone code

C-6

Property type

Retail properties

APN

31-02-09-2-001-022.002

APU

3102092001022002

Description

This exceptional industrial property, located at 3160 McFarland Blvd in Northport, Alabama, offers a substantial 49,000 square feet of warehouse space, currently vacant and ready for immediate occupancy. The single-tenant building sits on a spacious lot ranging from 3 to 3.56 acres within Tuscaloosa County, providing ample room for expansion or outdoor storage. The property boasts four loading docks, facilitating efficient loading and unloading operations. The warehouse is equipped with coolers and refrigeration units, making it suitable for businesses requiring temperature-controlled storage. Furthermore, the property includes office space with HVAC in a low partition office area. The layout is designed to allow for potential division into three separate units, offering flexibility for multiple tenants or expansion options for a single occupant. Security features include a fence surrounding the front and sides of the property, enhanced by gated access. The property's zip code is 35476. This rare opportunity presents a significant advantage for businesses seeking a large, well-equipped warehouse in a convenient location. The property's size, features, and location make it an attractive investment for a variety of industrial and commercial uses.

• CAP approach

  CAP return

  Valuation

  6%

  $4,938,374

  6.5%

  $4,558,498

  7%

  $4,232,892

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,197,868

  Geo Method

  $11,797,229

• Alternative Use

  Use

  Valuation

  Residential

  $3,845,264

  Hospitality

  $3,522,241

  Educational

  $2,930,464

  Medical

  $3,031,246

  Retail

  $4,558,498

Location Insight

City

Northport

County

Tuscaloosa

State

Alabama

Latitude

33.2418

Longitude

-87.5877

CBSA code

46220

CBSA name

TUSCALOOSA, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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