Commercial Property with Redevelopment
4215 Greensboro Avenue Tuscaloosa, AL 35405
4215 Greensboro Avenue, Tuscaloosa, AL, 35405
$300,000
For Sale
$300,000
Two parcels with leased building and vacant/occupied trailer lots.
Property Size756 SF
Price / SF$396.83
Days on Market323
Property Features for 4215 Greensboro Avenue
General Information
- Standard status
- Active
- Size
- 756 SF
- Property subtype
- Commercial/Industrial
Listing Agency
Pritchett Moore Real Estate
(205) 799-2400
Listed by
Ward McFarland · License #546280
(205) 799-2400
Source
Exitrealty
Added: Aug 28, 2025 Checked: Jul 15 at 8:02 pm
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 sale encompasses two parcels of commercial real estate. One parcel features a building currently leased to Woodrow's Barbeque, along with two vacant trailer lots. The second parcel includes a fenced storage lot and three trailer lots, two of which are currently occupied. The property is located across Greensboro Avenue from Academy Sports and CMX Cinemas, presenting a future redevelopment opportunity. Woodrow's Barbeque will remain as a tenant at the property. The first parcel's identification number is 36-01-02-1-006-007.001, and the second is 36-01-02-1-006-007.000. The property may be combined with MLS #168357, which is located next door. The building size is 756 square feet.
Key Highlights
- Great future redevelopment opportunity.
- Income‑producing property with existing leases, featuring Woodrow's Barbeque and trailer lots.
- Includes two parcels.
Local Financial Insights For Retail
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 | $13.2k | $17.40 |
| − Vacancy | −$1.0k | −$1.36 |
| EGI | $12.1k | $16.04 |
| − OpEx | −$3.6k | −$4.81 |
| NOI | $8.5k | $11.23 |
756 SF · lease $17.40/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$121.3K
$106.1K – $141.5K
NOI $8,490 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$181.7K
$159.0K – $212.0K
NOI $12,717 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Archibald & Woodrow's BBQ
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Two parcels with leased building and vacant/occupied trailer lots.
Where is this storefront property located?
The property is located at 4215 Greensboro Avenue Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Great future redevelopment opportunity.; Income‑producing property with existing leases, featuring Woodrow's Barbeque and trailer lots.; Includes two parcels.
