Former Garage/Body Shop
4201 Greensboro Avenue Tuscaloosa, AL 35405
4201 Greensboro Avenue, Tuscaloosa, AL, 35405
$600,000
For Sale
$600,000
Vacant building with large storage yard, redevelopment potential.
Property Size3,835 SF
Price / SF$156.45
Days on Market446
Property Features for 4201 Greensboro Avenue
General Information
- Standard status
- Active
- Size
- 3,835 SF
- Property subtype
- Commercial/Industrial
Listing Agency
Pritchett Moore Real Estate
(205) 799-2400
Listed by
Ward McFarland · License #546280
(205) 799-2400
Source
Exitrealty
Added: Apr 28, 2025 Checked: Jul 17 at 5:42 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pritchett Moore Real Estate
Investment Insights
Based on property information with market context.
This vacant building, formerly Horton's Garage/Body Shop, presents an opportunity for a garage or body shop, or as an investment property. The property includes a large storage yard. The building has a total of five bays, with three bays suitable for servicing large trucks due to high ceilings and doors. The building size is 3,835 square feet. Located beside CMX Cinemas and Academy Sports, the property has redevelopment potential, making it suitable for investors.
Key Highlights
- Five total bays, including three suitable for servicing large trucks with high ceilings/doors.
- Large storage yard included.
- Ideal for opening a garage or body shop.
Local Financial Insights For Retail
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 | $66.7k | $17.40 |
| − Vacancy | −$5.2k | −$1.36 |
| EGI | $61.5k | $16.04 |
| − OpEx | −$18.5k | −$4.81 |
| NOI | $43.1k | $11.23 |
3,835 SF · lease $17.40/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$615.2K
$538.3K – $717.8K
NOI $43,067 @ 7.0% cap · market cap 7.18%
Second Best
Industrial
$263.7K
$230.7K – $307.7K
NOI $18,459 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$921.6K
$806.4K – $1.08M
NOI $64,511 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Julio Jones Kia Service — 4301 Greensboro Ave, Tuscaloosa, AL 35405
- Chop Shop — 421 Skyland E Blvd, Tuscaloosa, AL 35405
- Tuscaloosa Used Tires — 500 Skyland Blvd, Tuscaloosa, AL 35405
- Closed — skyland blvd, tuscaloosa, al 35405
- Exile Performance — 217 Skyland E Blvd, Tuscaloosa, AL 35405
FAQs
What type of property is this?
Auto shop - Vacant building with large storage yard, redevelopment potential.
Where is this auto shop located?
The property is located at 4201 Greensboro Avenue 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: Five total bays, including three suitable for servicing large trucks with high ceilings/doors.; Large storage yard included.; Ideal for opening a garage or body shop.
