Tuscaloosa Office Opportunity For
3093 Palisades Drive Tuscaloosa, AL 35405
3093 Palisades Drive, Tuscaloosa, AL, 35405
$600,000
Pending
For Sale
$600,000
Pending
SINGLE_FAMILY - Tuscaloosa, AL
Property Size4,641 SF
Lot Size0.46 Acres
Days on Market64
Property Features for 3093 Palisades Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Pending
- APN
- 30-09-32-4-001-026.024
- Size
- 4,641 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Description
- Lot 24 East Skyland Palisades S/D
- Tax Annual Amount
- 5748
Building Details
- Year built
- 1997
- Number of units
- 1
Listing Agency
Pritchett Moore Real Estate
(205) 349-6500
1120 Queen City Ave, Tuscaloosa, AL
Listed by
Steven Deal · License #000093505
(205) 292-9771
Added: May 15 Checked: Jul 17 at 5:06 am
MLS# 175276
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 4,600+ SF office space is located in the Palisades office park. Offered for sale, this space features an open-layout design suitable for professional, medical, or service-oriented users. The current floor plan includes 12 private offices, a conference room, a lobby, a break room, two multi-stall ADA compliant restrooms, an additional customer restroom, and a 1,000+/- SF storage area with a separate entrance and double-door access. The property is located within an established office park. This vacant property is ready for immediate occupancy and can be tailored to meet operational needs. The lot size is 0.46 acres.
Key Highlights
- 4,600+ SF office space in the desirable Palisades office park.
- Flexible space suitable for professional, medical, or service‑oriented businesses; available for sale or lease.
- Features 12 private offices, a conference room, lobby, break room, and multiple restrooms.
Local Financial Insights For Office B
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 | $91.9k | $19.80 |
| − Vacancy | −$20.2k | −$4.36 |
| EGI | $71.7k | $15.44 |
| − OpEx | −$17.9k | −$3.86 |
| NOI | $53.8k | $11.58 |
4,641 SF · lease $19.80/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$768.0K
$672.0K – $896.0K
NOI $53,757 @ 7.0% cap · market cap 8.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$975.9K – $1.30M
NOI $78,069 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Eric Gaines Realtor
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Versatile 4,600+ SF office space in desirable Palisades office park.
Where is this office units located?
The property is located at 3093 Palisades Drive Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 4,600+ SF office space in the desirable Palisades office park.; Flexible space suitable for professional, medical, or service‑oriented businesses; available for sale or lease.; Features 12 private offices, a conference room, lobby, break room, and multiple restrooms.
