Freestanding Office Building with
For Sale
$1,460,000
8710 Highway 69 South, Tuscaloosa, AL 35405
Tuscaloosa, AL
Property Size4,801 SF
Lot Size0.86 Acres
Price / SF$304.10
Days on Market16
Property Features for 8710 Highway 69 South
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
4,801 SF
Lot size
0.86 Acres
Building Details
Year built
2003
Listing Agency:
NextHome Legacy Group
(205) 507-1103
Listed By:
Stephanie McCullar · License #000125741,PersonLicenseNumber
(205) 310-3601
Added: Aug 13
Changed: Aug 28
Last Checked: Aug 28 at 4:06PM
MLS# 174766
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,801-square-foot freestanding office building was constructed in 2003 and is currently vacant. The interior includes a boardroom, three offices, five workstations, a break room, and three restrooms. Existing bank-oriented improvements include teller windows, a safe, and a drive-through configuration.
Positioned at 8710 Highway 69 South in Tuscaloosa, Alabama, the property occupies approximately 0.86 acres. The existing layout and specialized features support continued consideration for financial services, professional office, medical, or redevelopment use, as identified in the property information.
Positioned at 8710 Highway 69 South in Tuscaloosa, Alabama, the property occupies approximately 0.86 acres. The existing layout and specialized features support continued consideration for financial services, professional office, medical, or redevelopment use, as identified in the property information.
Key Highlights
- 4,801 square feet on approximately 0.86 acres
- Freestanding office building constructed in 2003
- Boardroom, three offices, five workstations, and break room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,406
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,208,120
$1.2M
Cap Rate 7%
$862,943
$862.9K
Cap Rate 9%
$671,178
$671.2K
Market Conditions
NOI Build-Up for 4,801 SF
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.
Gross rent
$86.4K $18.00/SF
− Vacancy
−$5.9K −$1.22/SF
EGI
$80.5K $16.78/SF
− OpEx
−$20.1K −$4.19/SF
NOI
$60.4K $12.58/SF
Area
Tuscaloosa, AL
Vacancy
6.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,208,120
Cap Rate 7%
$862,943
Cap Rate 9%
$671,178
Alternative Uses
Best Use
Specialty Retail
$862.9K
$755.1K – $1.01M
NOI $60,406 @ 7.0% cap · market cap 4.14%
Second Best
Office B
$794.4K
$695.1K – $926.8K
NOI $55,610 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$1.15M
$1.01M – $1.35M
NOI $80,761 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Vacant commercial property with private offices, workstations, a boardroom, and three restrooms.
Where is this office building located?
The property is located at 8710 Highway 69 South Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $1,460,000.
What are key features of this property?
This property features: 4,801 square feet on approximately 0.86 acres; Freestanding office building constructed in 2003; Boardroom, three offices, five workstations, and break room
