Dental Office with Medical
For Sale
$2,290,000
221 Rice Mine Road NE, Tuscaloosa, AL 35406
Configured for dental or other medical practice use, with on-site parking for patients and staff.
Property Size6,000 SF
Price / SF$381.67
Days on Market425
Property Features for 221 Rice Mine Road NE
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Office
Additional Details
Condition
Turnkey
Property Use
Medical Office
Medical Specialty
dental
Taxes and HOA fees
Annual Taxes
$7,186
Building Details
Building Size
6,000 SF
Listing Agency:
Harwood Real Estate LLC
Listed By:
Richard Harwood · License #118535018
(205) 799-2210
Source:
Rightspacecre
Added: Sep 4, 2025
Changed: Oct 31
Last Checked: Oct 31 at 3:00AM
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 Harwood Real Estate LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,000-square-foot medical office contains a dental build-out and on-site parking. The existing configuration is suited to dental or other medical practice use.
The property is at 221 Rice Mine Road NE in Tuscaloosa, along a corridor described as high-traffic, with access for patients.
The property is at 221 Rice Mine Road NE in Tuscaloosa, along a corridor described as high-traffic, with access for patients.
Key Highlights
- 6,000 SF medical office
- Dental build‑out
- On‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,352
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,607,040
$1.6M
Cap Rate 7%
$1,147,886
$1.1M
Cap Rate 9%
$892,800
$892.8K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$144.0K $24.00/SF
− Vacancy
−$10.1K −$1.68/SF
EGI
$133.9K $22.32/SF
− OpEx
−$53.6K −$8.93/SF
NOI
$80.4K $13.39/SF
Area
Tuscaloosa, AL
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,607,040
Cap Rate 7%
$1,147,886
Cap Rate 9%
$892,800
Alternative Uses
Best Use
Healthcare Medical
$1.15M
$1.00M – $1.34M
NOI $80,352 @ 7.0% cap · market cap 3.51%
Second Best
Office B
$992.8K
$868.7K – $1.16M
NOI $69,498 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,930 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 35406, AL
16,664
Population
8,291
Households
2
Avg Household Size
40
Median Age
68%
College-Educated
97%
High-School Grad
80.9 sq mi
ZIP Area
206
Density / Sq Mi
$118,736
Median Household Income
$68,810
Median Earnings
$1,352
Median Rent
$467,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Indian Hills Animal Clinic — 200 McFarland Cir N, Tuscaloosa, AL 35406
- White Scott E MD — 301 23rd St N, Tuscaloosa, AL 35406
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured for dental or other medical practice use, with on-site parking for patients and staff.
Where is this medical office space located?
The property is located at 221 Rice Mine Road NE Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $2,290,000.
What are key features of this property?
This property features: 6,000 SF medical office; Dental build‑out; On‑site parking
