Tuscaloosa Dental Office For
221 Rice Mine Road NE Tuscaloosa, AL 35406
221 Rice Mine Road NE, Tuscaloosa, AL, 35406
$2,390,000
For Sale
$2,390,000
SINGLE_FAMILY - Tuscaloosa, AL
Property Size6,000 SF
Lot Size0.82 Acres
Price / SF$398.33
Days on Market317
Property Features for 221 Rice Mine Road NE
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 31-01-12-4-011-002.002
- Size
- 6,000 SF
- Lot size
- 0.82 Acres
Taxes and HOA fees
- Tax Description
- Beg 430(S) N Of & 765(S) E Of Sw Cor Se1/4 S12 Th Ne 201.4; Se 249.6; Sw 70.1; Nw 115(S); Se 80.1; Sw 37.1;Nw 132.8 To Pob In Sw1/4-Se1/4 S12 T21s R10w
- Tax Annual Amount
- 7186
Building Details
- Number of units
- 1
Listing Agency
Harwood Real Estate LLC
(205) 764-1637
550 Greensboro Ave Unit 101, Tuscaloosa, AL
Listed by
Richard Harwood
(205) 799-2210
Added: Sep 4, 2025 Checked: Jul 17 at 9:06 am
MLS# 170720
Copyright © 2026 West Alabama Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 6,000 square foot dental office is located on Rice Mine Road NE in Tuscaloosa, Alabama. Situated on a 0.82-acre lot, the property benefits from excellent visibility along a high-traffic corridor, providing strong exposure and easy access. The building features a modern medical build-out and ample parking. The property is suitable for dental or medical professionals and offers a turnkey opportunity in a recognized medical corridor.
Key Highlights
- 6,000 SF dental office in a proven location.
- High‑traffic location on Rice Mine Road NE with excellent visibility.
- Modern medical build‑out suitable for a turnkey practice.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $144.0k | $24.00 |
| − Vacancy | −$10.1k | −$1.68 |
| EGI | $133.9k | $22.32 |
| − OpEx | −$53.6k | −$8.93 |
| NOI | $80.4k | $13.39 |
6,000 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.15M
$1.00M – $1.34M
NOI $80,352 @ 7.0% cap · market cap 3.36%
Second Best
Office B
$992.8K
$868.7K – $1.16M
NOI $69,498 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,930 @ 7.0% cap · market cap 4.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Richard A. Simpson, ...
Dental Office
Burgess, J Barry ...
Dental Office
Total Health Of Tuscaloosa
Alternative Medicine Practice
Children and Teen Dental ...
Dental Office
John Burgess
Dental Office
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - 6,000 SF dental office on Rice Mine Road NE.
Where is this medical office space located?
The property is located at 221 Rice Mine Road NE Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $2,390,000.
What are key features of this property?
This property features: 6,000 SF dental office in a proven location.; High‑traffic location on Rice Mine Road NE with excellent visibility.; Modern medical build‑out suitable for a turnkey practice.