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    Retail Spaces at Riverfront Village Title is generated by Realmo AI

    2370 Jack Warner Pkwy, Tuscaloosa, AL

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    Inline, vanilla shell retail spaces available for lease.

    Type:RETAIL
    Property size:
    2,587 SF
    Lot size:
    1.18 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    190
    Last Refresh:
    May 20 at 8:14 pm

    Property Features for 2370 Jack Warner Pkwy

    General Information

    Standard status
    Active
    Size
    2,587 SF
    Lot size
    1.18 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 2370 Jack Warner Pkwy Contact us

    We can help!

    Listing Contact
    Sid Knight
    Sid Knight

    Listing agent Sid Knight License #000123242

    Listing office Retail Specialists

    Listing date Nov 24, 2025

    Source Moodyscre

    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 Retail Specialists

    HighLights

    • Class A mixed‑use development with retail space and apartments
    • Adjacent to the Tuscaloosa Amphitheater and the future Saban Center/River District Park
    • Proximity to the University of Alabama (approximately 1 mile)
    • Includes 2,292 SF & 2,587 SF inline, vanilla shell spaces
    • Neighbors Hotel Indigo, a 91‑key Class A hotel
    • Streetside parking available with future parking access at the Saban Center

    Overview

    Available for lease are inline, vanilla shell retail spaces measuring 2,292 square feet and 2,587 square feet. These spaces are part of The Shops at Riverfront Village, a Class A mixed-use development that includes 21,319 square feet of retail space and 192 apartments. The development is located near Hotel Indigo, a 91-key Class A hotel, and is approximately one mile west of the University of Alabama, which has an enrollment of over 38,000 students. The site is adjacent to the Tuscaloosa Amphitheater and the Saban Center, a 100,000 square foot STEAM-centered community center that will include the River District Park. Streetside parking is currently available, with additional parking access planned at the Saban Center upon its completion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stretch Zone Gym & Fitness Center 9Round Kickboxing Fitness Gym & Fitness Center Heritage House Coffee ... Cafe & Coffee Shop Loco Lupes Restaurant BloGo Salon + MedSpa Spa & Massage Center

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Law Firm Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tuscaloosa
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.5705
    Latitude
    33.2127

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    FAQs

    What type of property is this?
    Retail space - Inline, vanilla shell retail spaces available for lease.
    Where is this retail space located?
    The property is located at 2370 Jack Warner Pkwy Tuscaloosa, AL.
    What are key features of this property?
    This property features: Class A mixed‑use development with retail space and apartments; Adjacent to the Tuscaloosa Amphitheater and the future Saban Center/River District Park; Proximity to the University of Alabama (approximately 1 mile)
    (205) 370-0249 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Sid Knight
    Sid Knight
    Real Estate License ID: 000123242
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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