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    1105 Martin Luther King Jr Blvd Northport, AL 35476

    Sponsored
    For Sale
    $3,750,000

    39 Acres, Prime Redevelopment Site

    Property size:
    1,714,521 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 39.36-acre commercial property, located at 1105 Martin Luther King Jr Boulevard in Northport, Alabama, presents a unique redevelopment opportunity. Boasting a substantial 1,714,521 square feet of land, this expansive site is ideally situated in the heart of Tuscaloosa County, within a designated Opportunity Zone, offering significant tax advantages for investors. The property's current zoning is M-1 (Light Manufacturing), providing flexibility for a wide range of development projects. Envisioned uses could include medical facilities, multifamily housing, assisted living facilities, or a residential neighborhood, capitalizing on the property's strategic location and ample space. The contiguous nature of the land simplifies development planning and execution. This prime location offers excellent access to major transportation routes and is surrounded by established infrastructure. The asking price for this exceptional investment opportunity is $3,750,000. Serious inquiries are encouraged to explore the potential of this significant commercial land parcel. Don't miss this chance to acquire a substantial tract of land with immense potential for future growth and development in a thriving Alabama community.

    Property Features for 1105 Martin Luther King Jr Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,714,521 SF
    Lot Size
    1,714,522 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Northport
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.57013
    Latitude
    33.22904

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    FAQs

    What type of property is this?
    Commercial real estate - 39 Acres, Prime Redevelopment Site
    Where is this commercial real estate located?
    The property is located at 1105 Martin Luther King Jr Blvd Northport, AL.
    What is the asking price?
    The asking price for this property is $3,750,000.
    (205) 345-0654
    Request Owner's contact information
    1105 Martin Luther King Jr Blvd Northport, AL 35476
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    Northport, AL 35476
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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
    1105 Martin Luther King Jr Blvd Northport, AL 35476
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