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    912 29Th Ave Tuscaloosa, AL 35401

    Sponsored
    For Sale
    $3,695,000

    Prime Location, 46,287 SF, Mixed-Use

    Property size:
    46,287 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property, located in the heart of downtown Tuscaloosa, Alabama, presents a unique investment opportunity. The 46,287 square-foot complex sits on a two-acre lot and boasts a diverse range of spaces ideal for a variety of businesses. The property includes approximately 9,000 square feet of office space, featuring a well-appointed kitchen, private offices, and open work areas, perfect for a modern business environment. The substantial warehouse component, encompassing approximately 14,000 square feet, is equipped with existing rack systems, included in the sale, enhancing storage and organization capabilities. Multiple access points and a loading dock provide efficient logistical operations. The warehouse also benefits from fenced yard areas, offering secure outdoor storage or operational space. The property is zoned MG - General Industry District, providing flexibility for various uses. City of Tuscaloosa water and sewer services are readily available. This one-story building is situated at 912 29th Avenue, Tuscaloosa, AL 35401 (APN: 31-05-22-3-024-013.000), offering unparalleled access to downtown amenities and a strong workforce. The asking price for this remarkable property is $3,695,000. This is a rare opportunity to acquire a substantial, versatile property in a highly desirable downtown location.

    Property Features for 912 29Th Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    46,287 SF
    Lot Size
    87,120 SF

    Building Details

    Stories
    1

    HighLights

    • Downtown Tuscaloosa office/warehouse complex totaling approximately 46,287 square feet.
    • Prime downtown location.
    • MG General Industry zoning.
    • City of Tuscaloosa water and sewer service.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storage Center Self-Storage Facility WeConnect International Warehouse Air-Tek of Tuscaloosa LLC Air Duct Cleaning Service

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Law Firm Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tuscaloosa
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.573606
    Latitude
    33.2033478

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    FAQs

    What type of property is this?
    Distribution property - Prime Location, 46,287 SF, Mixed-Use
    Where is this distribution property located?
    The property is located at 912 29Th Ave Tuscaloosa, AL.
    What is the asking price?
    The asking price for this property is $3,695,000.
    What are key features of this property?
    This property features: Downtown Tuscaloosa office/warehouse complex totaling approximately 46,287 square feet.; Prime downtown location.; MG General Industry zoning.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    912 29Th Ave Tuscaloosa, AL 35401
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