Office Building with
New
For Sale
$449,900
2810 7th Street, Tuscaloosa, AL 35401
A vacant, multi-room workspace includes a reception area, private offices, a conference area, and a full kitchen.
Property Size1,564 SF
Price / SF$287.66
Days on Market7
Property Features for 2810 7th Street
General Information
Standard status
Active
Size
1,564 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Building Details
Year Built
1925
Listing Agency:
Keller Williams Tuscaloosa
Listed By:
Alice Maxwell · License #050524000
(205) 344-0636
Source:
Alicemaxwell
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 28 at 5:19AM
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 Keller Williams Tuscaloosa
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Investment Insights
Based on property information with market context.
This 1,564-square-foot office property was built in 1925 and is vacant. A front porch leads to a reception area with hardwood flooring. Carpeted offices provide separate work areas, and a larger room can accommodate conference or cubicle use. The layout also includes a full kitchen and break room, with a separate garage and storage area.
Parking is available behind the property at 2810 7th Street in Tuscaloosa.
Parking is available behind the property at 2810 7th Street in Tuscaloosa.
Key Highlights
- 1,564 SF office property
- Built in 1925
- Reception area with hardwood flooring and carpeted offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,116
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,320
$362.3K
Cap Rate 7%
$258,800
$258.8K
Cap Rate 9%
$201,289
$201.3K
Market Conditions
NOI Build-Up for 1,564 SF
Gross rent
$31.0K $19.80/SF
− Vacancy
−$6.8K −$4.36/SF
EGI
$24.2K $15.44/SF
− OpEx
−$6.0K −$3.86/SF
NOI
$18.1K $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 Rate 5%
$362,320
Cap Rate 7%
$258,800
Cap Rate 9%
$201,289
Alternative Uses
Best Use
Office B
$258.8K
$226.5K – $301.9K
NOI $18,116 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$375.8K
$328.9K – $438.5K
NOI $26,309 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,489
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A vacant, multi-room workspace includes a reception area, private offices, a conference area, and a full kitchen.
Where is this office building located?
The property is located at 2810 7th Street Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 1,564 SF office property; Built in 1925; Reception area with hardwood flooring and carpeted offices
