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Renovated Office Building
For Sale
$369,900

2915 Main Avenue, Northport, AL 35476

CommercialSale, Northport, AL

Property Size2,488 SF
Lot Size0.60 Acres
Price / SF$148.67
Days on Market47

Property Features for 2915 Main Avenue

General Information

Property type Commercial Sale
Property subtype Other
Exterior features Landscaping, RainGutters
Directions 82 west turn left on main ave building is on the left
Subdivision (06) Northport City
Standard status Active
APN 3102093001007001
Size 2,488 SF
Lot size 0.60 Acres

Taxes and HOA fees

Tax Description 56400 lot 1 crestdale and e row of us 43
Tax Annual Amount 1500
Legal Description 56400 lot 1 crestdale and e row of us 43

Utilities

Heating system Natural Gas, Central
Cooling system Central Air

Building Details

Number of units 1
Flooring type Tile
Building materials Masonry
Roof type Composition, Shingle
Listing Agency: Pritchett Moore Real Estate
Listed By: Jonathan McKinney
Added: Sep 4 Changed: Oct 20 Last Checked: Oct 20 at 8:06AM
MLS# 177308

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.

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Investment Insights

Based on property information with market context.

Renovated office property offering 2,488 square feet on a 0.60-acre site. The interior includes a front reception area, three offices, two restrooms, and a rear common area with a full kitchen. Tile flooring, central heating, natural gas service, and central air conditioning support the building’s daily functionality. Masonry construction and a composition shingle roof provide established structural features.

The property is located at 2915 Main Avenue in Northport, Alabama. Parking is positioned behind the building, while landscaping and rain gutters are included among the exterior features.

Key Highlights

  • 2,488‑square‑foot office building on a 0.60‑acre site
  • Completely renovated interior with front reception area
  • Three offices and 2 rest rooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,819
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$576,380 $576.4K
Cap Rate 7%
$411,700 $411.7K
Cap Rate 9%
$320,211 $320.2K
Market Conditions
NOI Build-Up for 2,488 SF
Gross rent
$49.3K $19.80/SF
− Vacancy
−$10.8K −$4.36/SF
EGI
$38.4K $15.44/SF
− OpEx
−$9.6K −$3.86/SF
NOI
$28.8K $11.58/SF
Area
Tuscaloosa County, 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%
$576,380
Cap Rate 7%
$411,700
Cap Rate 9%
$320,211

Alternative Uses

Best Use
Office B
$411.7K
$360.2K – $480.3K (±1% cap)
NOI $28,819 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$597.9K
$523.2K – $697.5K (±1% cap)
NOI $41,852 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic HVAC Service Computer & Electronic Repair Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby

Demographics for 35476, AL

8,697
Population
3,597
Households
2.4
Avg Household Size
36
Median Age
23%
College-Educated
86%
High-School Grad
6.9 sq mi
ZIP Area
1,260
Density / Sq Mi
$59,545
Median Household Income
$37,304
Median Earnings
$940
Median Rent
$196,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Updated professional property with private offices, reception space, kitchen area, and rear parking.
Where is this office building located?
The property is located at 2915 Main Avenue Northport, AL.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: 2,488‑square‑foot office building on a 0.60‑acre site; Completely renovated interior with front reception area; Three offices and 2 rest rooms
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