Functional Warehouse Near
3315 University E Boulevard Tuscaloosa, AL 35404
For Sale
$275,000
Pending
Versatile warehouse space with office, kitchen, and storage.
Property Size2,500 SF
Days on Market178
Property Features for 3315 University E Boulevard
General Information
Standard status
Pending
Size
2,500 SF
Property subtype
Commercial/Industrial
Listing Agency:
Keller Williams Realty Hoover
(205) 913-6001
Listed By:
Abby Pate
(205) 913-6001
Source:
Exitrealty
Added: Feb 1
Changed: Jul 10
Last Checked: Jul 29 at 9:07AM
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 Realty Hoover
Investment Insights
Based on property information with market context.
This versatile warehouse space offers functionality and flexibility suitable for various uses. The property includes a roll-up door, an office area, a bathroom, a kitchen space, and additional storage above the warehouse floor. A bonus utility room is also present. This space is suitable for a small business, workshop, or storage-based operation. The property is conveniently located minutes from The University of Alabama, grocery stores, shopping centers, and restaurants. The property size is 2500 square feet.
Key Highlights
- Versatile warehouse space suitable for various uses.
- Convenient location near The University of Alabama, grocery stores, shopping centers, and restaurants.
- Features a roll‑up door for easy access.
Financial Insights For Warehouse
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 | $18.6k | $7.44 |
| − Vacancy | −$781 | −$0.31 |
| EGI | $17.8k | $7.13 |
| − OpEx | −$2.7k | −$1.07 |
| NOI | $15.1k | $6.06 |
2,500 SF · lease $7.44/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Office B
$413.7K
$362.0K – $482.6K
NOI $28,958 @ 7.0% cap · market cap 10.53%
Second Best
Warehouse
$216.4K
$189.3K – $252.4K
NOI $15,146 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$600.8K
$525.7K – $700.9K
NOI $42,054 @ 7.0% cap · market cap 15.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- AMT Mini Storage — 481 Crescent Ln, Tuscaloosa, AL 35404
Frequently Asked Questions
What type of property is this?
Warehouse - Versatile warehouse space with office, kitchen, and storage.
Where is this warehouse located?
The property is located at 3315 University E Boulevard Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Versatile warehouse space suitable for various uses.; Convenient location near The University of Alabama, grocery stores, shopping centers, and restaurants.; Features a roll‑up door for easy access.
