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Office Suite with 1,000 SF Storage
For Sale
$600,000
Pending

3093 Palisades Ct, Tuscaloosa, AL 35405

Flexible office and medical-ready layout with private offices, conference room, and separate-entry storage for operational convenience.

Property Size4,641 SF
Days on Market74

Property Features for 3093 Palisades Ct

General Information

Standard status Pending
Size 4,641 SF
Listing Agency: Pritchett Moore Real Estate
Listed By: Steven Deal · License #000093505
Source: Exprealty
Added: May 21 Changed: Jul 10 Last Checked: Jul 31 at 1:08PM

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 Pritchett Moore Real Estate

Investment Insights

Based on property information with market context.

This versatile office suite offers an efficient open-layout foundation with a current configuration that includes 12 private offices, a conference room, a welcoming lobby, and a break room. The space also features two multi-stall ADA-compliant restrooms, an additional customer restroom, and a 1,000+/- SF storage area designed for separate access. The storage includes a separate entrance and double-door access, supporting a range of professional or service-oriented workflows.

Located in the Palisades office park at 3093 Palisades Ct in Tuscaloosa, this vacant property is presented for sale or lease and is ready for immediate occupancy. The combination of dedicated storage access and established indoor office improvements is suited for organizations that need both front-office space and back-of-house functionality within a professional park setting.

With its mix of private offices, meeting space, lobby, and multiple restrooms, the suite can accommodate a variety of users, including professional, medical, or service-oriented operations. The separate-entry storage area can help streamline deliveries or internal use without moving through the main office areas. The space is available to tailor to your operational needs, subject to your planned layout and tenant improvements.

Key Highlights

  • 4,600+ SF office space in the Palisades office park, offered for sale or lease
  • Open‑layout floor plan with 12 private offices and a conference room
  • Includes a welcoming lobby, break room, and 1,000+/- SF storage area

Financial Insights For Office B

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 $91.9k $19.80
− Vacancy −$20.2k −$4.36
EGI $71.7k $15.44
− OpEx −$17.9k −$3.86
NOI $53.8k $11.58
4,641 SF · lease $19.80/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Healthcare Medical
$887.9K
$776.9K – $1.04M (±1% cap)
NOI $62,152 @ 7.0% cap · market cap 10.36%
Second Best
Office B
$768.0K
$672.0K – $896.0K (±1% cap)
NOI $53,757 @ 7.0% cap · market cap 8.96%
Theoretical Best
Office A
$1.12M
$975.9K – $1.30M (±1% cap)
NOI $78,069 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

RE101 Real Estate Agency Jesco Construction Construction Company

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Law Firm Dental Office Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

230
Businesses Nearby

Demographics for 35405, AL

45,155
Population
22,260
Households
2
Avg Household Size
34
Median Age
31%
College-Educated
94%
High-School Grad
52.9 sq mi
ZIP Area
854
Density / Sq Mi
$61,371
Median Household Income
$39,077
Median Earnings
$1,057
Median Rent
$224,900
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office and medical-ready layout with private offices, conference room, and separate-entry storage for operational convenience.
Where is this office units located?
The property is located at 3093 Palisades Ct Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 4,600+ SF office space in the Palisades office park, offered for sale or lease; Open‑layout floor plan with 12 private offices and a conference room; Includes a welcoming lobby, break room, and 1,000+/- SF storage area
More about this property
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