Mobile Home Park with
For Sale
$325,000
1704 CRESCENT RIDGE Road, Tuscaloosa, AL 35404
COMMERCIAL - Other - Tuscaloosa, AL
Property Size1,952 SF
Lot Size2.00 Acres
Price / SF$166.50
Days on Market451
Property Features for 1704 CRESCENT RIDGE Road
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
FROM RIVER ROAD, AT THE DEAD END TAKE A RIGHT. 1ST HOUSE ON THE RIGHT, THEN RIGHT AT THE DOLLAR GENERAL STORE. THE TRAILER PARK IS ON THE CORNER ACROSS FROM THE DOLLAR GENERAL STORE.
Subdivision
(10) East Tuscaloosa County
Standard status
Active
APN
30-02-09-1-033-001.000
Size
1,952 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Description
BLOCK 7, LOTS 4-8 S 1/2 OF LOT 3 ALL LOTS 4-8 PARCEL ID 30-02-09-1-033-003.000 & 30-02-09-1-033.003.001 & 30-02-09-1-033-003.000 LOTS 10-15
Tax Annual Amount
570
Legal Description
BLOCK 7, LOTS 4-8 S 1/2 OF LOT 3 ALL LOTS 4-8 PARCEL ID 30-02-09-1-033-003.000 & 30-02-09-1-033.003.001 & 30-02-09-1-033-003.000 LOTS 10-15
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air
Building Details
Number of units
5
Flooring type
Carpet
Building materials
VinylSiding
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency:
DEBORAH BROWN REAL ESTATE AND CONSTRUCTION COMPANY
(205) 345-8404
Listed By:
Deborah Brown
(205) 310-1484
Added: Jun 5, 2025
Changed: Aug 19
Last Checked: Aug 29 at 5:06PM
MLS# 169160
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 property features a 5-unit mobile home park and a house. The house includes 4 bedrooms, 2 bathrooms, a living room, a dining room, and a sunroom. The house is a 6-year-old unit with 1952 square feet of space. The property consists of lots 4-8 and 10-15, situated on a corner lot spanning 2 acres. There is potential for adding additional mobile homes. The 2-acre space could also accommodate an apartment complex, restaurant, or other business.
Key Highlights
- Investment property: Includes a 5‑unit mobile home park and a separate 4‑bedroom house.
- Development potential: 2‑acre corner lot with potential to add more mobile homes or build an apartment complex, restaurant, or business.
- Spacious house: The house features 4 bedrooms, 2 baths, a living room, dining room, and sunroom with 1952 square feet.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,831
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$316,620
$316.6K
Cap Rate 7%
$226,157
$226.2K
Cap Rate 9%
$175,900
$175.9K
Market Conditions
NOI Build-Up for 1,952 SF
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.
Gross rent
$30.7K $15.72/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$28.8K $14.75/SF
− OpEx
−$13.0K −$6.64/SF
NOI
$15.8K $8.11/SF
Area
Tuscaloosa, AL
Vacancy
6.20%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$316,620
Cap Rate 7%
$226,157
Cap Rate 9%
$175,900
Alternative Uses
Best Use
Apartment 5plus
$226.2K
$197.9K – $263.9K
NOI $15,831 @ 7.0% cap · market cap 4.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$469.1K
$410.5K – $547.3K
NOI $32,836 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Explore this area
Business Placement
Demographics for 35404, AL
20,982
Population
11,427
Households
1.8
Avg Household Size
30
Median Age
27%
College-Educated
89%
High-School Grad
16.6 sq mi
ZIP Area
1,264
Density / Sq Mi
$45,521
Median Household Income
$25,035
Median Earnings
$986
Median Rent
$175,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Mobile home park with a house on a 2-acre lot.
Where is this mobile home & rv park located?
The property is located at 1704 CRESCENT RIDGE Road Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Investment property: Includes a 5‑unit mobile home park and a separate 4‑bedroom house.; Development potential: 2‑acre corner lot with potential to add more mobile homes or build an apartment complex, restaurant, or business.; Spacious house: The house features 4 bedrooms, 2 baths, a living room, dining room, and sunroom with 1952 square feet.
