Auto Garage with Adjacent
233 Skyland Boulevard Tuscaloosa, AL 35405
233 Skyland Boulevard, Tuscaloosa, AL, 35405
$1,590,000
For Sale
$1,590,000
8400 SF auto garage on 1.39 acres with 313 feet of road frontage.
Property Size8,400 SF
Lot Size1.39 Acres
Price / SF$189.29
Days on Market3327
Property Features for 233 Skyland Boulevard
General Information
- Standard status
- Active
- Size
- 8,400 SF
- Lot size
- 1.39 Acres
- Property subtype
- Retail
Listing agency
Harwood Real Estate LLC
(205) 292-1346
Listed by
Neal Dichiara
(205) 292-1346
Source
Xome
Added: Jun 13, 2017 Updated: Jul 20 at 10:32PM Checked: Jul 22 at 3:38AM
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
Investment Insights
Based on property information with market context.
This property includes an 8400 SF auto garage plus an adjacent lot on 1.39 acres. With 313 feet of road frontage, the site is positioned for straightforward access and visibility for automotive use.
The property is located at 233 Skyland Boulevard in Tuscaloosa, AL, on a high-traffic corridor. The combination of a dedicated garage building and outdoor lot area supports automotive-focused operations that benefit from both enclosed space and additional exterior room.
The property is located at 233 Skyland Boulevard in Tuscaloosa, AL, on a high-traffic corridor. The combination of a dedicated garage building and outdoor lot area supports automotive-focused operations that benefit from both enclosed space and additional exterior room.
Key Highlights
- 8,400 SF auto garage
- Situated on 1.39 acres
- 313 ft of road frontage
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 | $146.2k | $17.40 |
| − Vacancy | −$11.4k | −$1.36 |
| EGI | $134.8k | $16.04 |
| − OpEx | −$40.4k | −$4.81 |
| NOI | $94.3k | $11.23 |
8,400 SF · lease $17.40/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.35M
$1.18M – $1.57M
NOI $94,332 @ 7.0% cap · market cap 5.93%
Second Best
Industrial
$577.6K
$505.4K – $673.9K
NOI $40,431 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,301 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tuscaloosa Freedom Bail ...
Law Firm
Medium Katrina Love
Spiritual Center
Similar For Sale Nearby
Similar Off Market Nearby
- Bobby Park Truck & Equipment — 5301 AL-69, Tuscaloosa, AL 35405
- Ameritire, LLC — 5402 Kauloosa Ave, Tuscaloosa, AL 35405
- Riggs Body Shop — 519 Waco Rd, Tuscaloosa, AL 35405
- Southern Tire Mart — 5400 Old Montgomery Hwy, Tuscaloosa, AL 35405
- Pep Boys — 535 Skyland Blvd, Tuscaloosa, AL 35405
FAQs
What type of property is this?
Auto shop - 8400 SF auto garage on 1.39 acres with 313 feet of road frontage.
Where is this auto shop located?
The property is located at 233 Skyland Boulevard Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: 8,400 SF auto garage; Situated on 1.39 acres; 313 ft of road frontage
