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    5710 Watermelon Rd Northport, AL 35473

    Sponsored
    For Sale
    $1,950,000

    Newly renovated, prime office space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity presents a newly renovated, established office building ideally situated in Northport, Alabama. The property boasts two suites, one completed in 2019 and the other in 2022, offering modern and updated spaces for tenants. Conveniently located near West Minster Farms, Ol' Colony Golf Course, Sokol Park, and the PARA Pavilion, this building benefits from a desirable location within a stable office park adjacent to zip code 35406. The building itself is equipped with key amenities including an elevator, multiple restrooms, and a security system for enhanced safety and convenience. Ample parking is readily available within the office park, ensuring ease of access for tenants and visitors. The asking price for this turnkey investment is $1,950,000. This property presents a strong potential for immediate rental income and long-term appreciation, making it an attractive opportunity for discerning investors seeking a well-maintained, conveniently located office building in a thriving area. The building's recent renovations minimize the need for immediate capital expenditures, allowing for a smooth transition and immediate return on investment. Contact us today to schedule a private showing and explore this compelling investment opportunity further.

    Property Features for 5710 Watermelon Rd

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    2004
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Auto Repair Shop Pharmacy Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Northport
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.54377
    Latitude
    33.26109

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    FAQs

    What type of property is this?
    Office Property / Space - Newly renovated, prime office space.
    Where is this office property / space located?
    The property is located at 5710 Watermelon Rd Northport, AL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    (205) 345-0116
    Request Owner's contact information
    5710 Watermelon Rd Northport, AL 35473
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    Northport, AL 35473
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5710 Watermelon Rd Northport, AL 35473
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