Flex Building with Fenced
For Sale
$575,000
2300 2nd Avenue E, Tuscaloosa, AL 35401
CommercialSale, Tuscaloosa, AL
Property Size5,936 SF
Lot Size0.41 Acres
Price / SF$96.87
Days on Market520
Property Features for 2300 2nd Avenue E
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From 15th St. Turn onto Hackberry Lane. Continue to Hargrove Rd. and property is on the right.
Subdivision
(02) Central Tuscaloosa City
Standard status
Active
APN
31-07-25-3-011-001.000
Size
5,936 SF
Lot size
0.41 Acres
Taxes and HOA fees
Tax Description
Lot Pt. 8 In A. P. Lee Subd Desc. As: Beg. Ne Cor Lot #8 A. P. Lee Sub 3/95 Facing Hargrove Rd Th. Nw With Rd. 42', Th. Sw 99.1', Th. Sw 20.1', Th. Se 87.4', Th. Ne 93', To 2nd Ave. E. Th. N With Ave 172' To P.O.B.
Tax Annual Amount
4431
Legal Description
Lot Pt. 8 In A. P. Lee Subd Desc. As: Beg. Ne Cor Lot #8 A. P. Lee Sub 3/95 Facing Hargrove Rd Th. Nw With Rd. 42', Th. Sw 99.1', Th. Sw 20.1', Th. Se 87.4', Th. Ne 93', To 2nd Ave. E. Th. N With Ave 172' To P.O.B.
Building Details
Number of units
1
Listing Agency:
Harwood Real Estate LLC
(205) 764-1637
Listed By:
Richard Harwood · License #118535018
(205) 799-2210
Added: May 13, 2025
Changed: Oct 3
Last Checked: Oct 14 at 6:06AM
MLS# 168731
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 5,936-square-foot flex property combines office areas with warehouse storage and an outdoor yard enclosed by fencing. The 0.41-acre parcel provides a compact commercial setting for operations requiring both interior workspace and exterior storage or staging space.
The property is located at 2300 2nd Avenue E in Tuscaloosa, Alabama 35401. Its configuration brings office and industrial-style functions together within one commercial building, offering a practical mix of administrative and storage space.
The property is located at 2300 2nd Avenue E in Tuscaloosa, Alabama 35401. Its configuration brings office and industrial-style functions together within one commercial building, offering a practical mix of administrative and storage space.
Key Highlights
- 5,936‑square‑foot flex building
- 0.41‑acre parcel
- Office space and warehouse storage in one property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,942
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,840
$918.8K
Cap Rate 7%
$656,314
$656.3K
Cap Rate 9%
$510,467
$510.5K
Market Conditions
NOI Build-Up for 5,936 SF
Gross rent
$74.8K $12.60/SF
− Vacancy
−$4.1K −$0.69/SF
EGI
$70.7K $11.91/SF
− OpEx
−$24.7K −$4.17/SF
NOI
$45.9K $7.74/SF
Area
Tuscaloosa, AL
Vacancy
5.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,840
Cap Rate 7%
$656,314
Cap Rate 9%
$510,467
Alternative Uses
Best Use
Office B
$982.2K
$859.5K – $1.15M
NOI $68,757 @ 7.0% cap · market cap 11.96%
Second Best
Flex RnD
$656.3K
$574.3K – $765.7K
NOI $45,942 @ 7.0% cap · market cap 7.99%
Theoretical Best
Office A
$1.43M
$1.25M – $1.66M
NOI $99,853 @ 7.0% cap · market cap 17.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35401, AL
41,852
Population
19,517
Households
2.1
Avg Household Size
26
Median Age
27%
College-Educated
85%
High-School Grad
40.1 sq mi
ZIP Area
1,044
Density / Sq Mi
$30,031
Median Household Income
$13,041
Median Earnings
$911
Median Rent
$141,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas are paired with an enclosed outdoor yard.
Where is this flex space located?
The property is located at 2300 2nd Avenue E Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 5,936‑square‑foot flex building; 0.41‑acre parcel; Office space and warehouse storage in one property
