Office Building with Six
New
For Sale
$1,290,000
2625 University Blvd, Tuscaloosa, AL 35401
CommercialSale, Tuscaloosa, AL
Property Size3,482 SF
Lot Size0.19 Acres
Price / SF$370.48
Days on Market2
Property Features for 2625 University Blvd
General Information
Property type
Commercial Sale
Property subtype
Office
Parking features
Covered
Directions
From Greensboro Avenue, head north on Greensboro Avenue toward downtown Tuscaloosa, then turn right on University Blvd. Continue east on University Blvd. to 2625 University Blvd- the destination will be on the right near Alabama's campus.
Subdivision
(02) Central Tuscaloosa City
Standard status
Active
APN
31-05-22-2-018-006.000
Size
3,482 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Description
Lot Pt. 152 In Orig City Sur Subd Desc. As: Beg Inter S Line University Blvd & E Line 27th Ave, S-22, T-21, R-10. Ne 60' With Blvd, Se 132', Sw 60' To Ave, Nw 132' With Ave To Blvd & P.O.B.
Tax Annual Amount
4598
Legal Description
Lot Pt. 152 In Orig City Sur Subd Desc. As: Beg Inter S Line University Blvd & E Line 27th Ave, S-22, T-21, R-10. Ne 60' With Blvd, Se 132', Sw 60' To Ave, Nw 132' With Ave To Blvd & P.O.B.
Utilities
Cooling system
Central Air
Amenities
iron fence
fireplaces
porch
Building Details
Number of units
1
Flooring type
Wood, Hardwood
Architectural style
Other
Listing Agency:
Harwood Real Estate LLC
(205) 764-1637
Listed By:
Richard Harwood · License #118535018
(205) 799-2210
Added: Sep 3
Changed: Sep 4
Last Checked: Sep 4 at 1:06PM
MLS# 177302
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 3,482-square-foot office building sits on a 0.19-acre parcel in Tuscaloosa. The interior includes four bathrooms, original doors, wood and hardwood flooring, central air, and six fireplaces. A rear porch adds another functional feature to the building, while covered parking is provided on site.
An iron fence was installed in 2012, adding a defined boundary along the property. The office is offered in its current condition, and the seller will not provide an inspection. The property is located at 2625 University Blvd, Tuscaloosa, AL 35401.
An iron fence was installed in 2012, adding a defined boundary along the property. The office is offered in its current condition, and the seller will not provide an inspection. The property is located at 2625 University Blvd, Tuscaloosa, AL 35401.
Key Highlights
- 3,482‑square‑foot office building on a 0.19‑acre parcel
- Four bathrooms with original doors
- Six fireplaces and a rear porch
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
$40,332
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
3.13%
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%
$806,640
$806.6K
Cap Rate 7%
$576,171
$576.2K
Cap Rate 9%
$448,133
$448.1K
Market Conditions
NOI Build-Up for 3,482 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
$68.9K $19.80/SF
− Vacancy
−$15.2K −$4.36/SF
EGI
$53.8K $15.44/SF
− OpEx
−$13.4K −$3.86/SF
NOI
$40.3K $11.58/SF
Area
Tuscaloosa, AL
Vacancy
22.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
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%
$806,640
Cap Rate 7%
$576,171
Cap Rate 9%
$448,133
Alternative Uses
Best Use
Office B
$576.2K
$504.2K – $672.2K
NOI $40,332 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$836.8K
$732.2K – $976.2K
NOI $58,573 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,797
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - The office includes hardwood flooring, central air, and covered parking.
Where is this office building located?
The property is located at 2625 University Blvd Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: 3,482‑square‑foot office building on a 0.19‑acre parcel; Four bathrooms with original doors; Six fireplaces and a rear porch
