Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6115 18Th Ave Tuscaloosa, AL 35405

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    9,800 SF Warehouse, Newly Renovated

    Property size:
    9,800 SF

    Property Features for 6115 18Th Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    9,800 SF
    Class
    B
    Lot Size
    174,240 SF

    Building Details

    Year Built/Renovated
    1988/2024
    Buildings
    1
    Stories
    1

    We can help!

    Listing Contact
    Case Mcneill
    Case Mcneill

    Listing Agency: Right Space Commercial Listing Agent: Case Mcneill

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional industrial property, located at 6115 18th Ave in Tuscaloosa, Alabama, presents a compelling investment opportunity. The 9,800-square-foot warehouse, built in 1988 and extensively renovated in 2024, offers a single-unit layout perfect for diverse industrial, warehousing, or distribution operations. Boasting a 20-foot ceiling height and one loading dock, the building provides ample space and efficient loading capabilities. Situated on a four-acre lot in Tuscaloosa County (APN: 36-01-11-2-001-001.004), this property benefits from its location within the unzoned county, allowing for flexible business applications. The property is ready for immediate occupancy, with an available date of September 1, 2024. Its modern amenities and well-maintained infrastructure ensure a seamless transition for any business. The asking price is $899,000, making this a turnkey investment in the dynamic Tuscaloosa industrial market. This property offers significant potential for growth and return on investment. The zip code is 35405.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tuscaloosa
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.5594572
    Latitude
    33.1527937

    Nearby Similar for Sale

    • $325,000
      1,399 SF

      Renovated Office Building Near University

      Extensively renovated office building, convenient location near the University of Alabama.
      414 Hargrove Rd E, Tuscaloosa, AL 35401
      View Details
    • New
      $650,000
      8,000 SF

      Tuscaloosa Mixed-Use Property For Sale

      Mixed-use property with warehouse near University of Alabama.
      3325 University Blvd, Tuscaloosa, AL 35404
      View Details
    • $859,000
      Pending

      Charming Commercial Office in Tuscaloosa

      Commercial office with parking, character, and rental potential.
      2902 7Th St, Tuscaloosa, AL 35401
      View Details
    • $1,300,000
      5,000 SF

      Tuscaloosa Automotive Shop with Lifts

      5,000 sq ft auto shop with excellent visibility.
      1001 Mally St, Tuscaloosa, AL 35405
      View Details
    • $400,000
      Pending

      Tuscaloosa Commercial Shop Space

      9600 SF shop space on 1.31 acres in Tuscaloosa.
      3723 11Th Ave, Tuscaloosa, AL 35401
      View Details
    • $2,150,000
      Pending

      Tuscaloosa Warehouse / Flex Space

      24,760 SF warehouse/flex space with income and expansion potential.
      901 29Th St, Tuscaloosa, AL 35401
      View Details
    • New
      $1,750,000
      6,150 SF

      Tuscaloosa Golf Course Opportunity

      176-acre golf course with clubhouse in Tuscaloosa, Alabama.
      5604 Woodland Forrest Dr, Tuscaloosa, AL 35405
      View Details
    • $850,000
      Pending

      Tuscaloosa Warehouse with High Visibility

      11,500+ SF warehouse on 1.37 acres in Tuscaloosa.
      4201 Veterans Memorial Pkwy, Tuscaloosa, AL 35404
      View Details
    • $4,600,000
      46,566 SF

      Two-Story Office Building For Sale

      46,556 SF office building with interstate access and ample parking.
      3716 12Th Ave E, Tuscaloosa, AL 35405
      View Details
    • $1,675,000
      Pending

      Downtown Tuscaloosa Office Building

      Iconic office building in downtown Tuscaloosa near landmarks.
      420 Nick's Kids Ave, Tuscaloosa, AL 35401
      View Details
    • New
      $399,000
      3,465 SF

      Tuscaloosa Multifamily Investment Opportunity

      Seven-unit multifamily property near downtown Tuscaloosa, Alabama.
      407 30Th Pl, Tuscaloosa, AL 35401
      View Details
    • $299,900
      0.69 Acres

      Retail Location in Tuscaloosa

      High-traffic shopping center location in fast-growing south Tuscaloosa.
      Southview Ln, Tuscaloosa, AL 35405
      View Details

    FAQs

    What type of property is this?
    Distribution property - 9,800 SF Warehouse, Newly Renovated
    Where is this distribution property located?
    The property is located at 6115 18Th Ave Tuscaloosa, AL.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: 9,800 SF industrial building suitable for warehouse or distribution.; Single-unit layout offering versatile operational flexibility.; Extensively renovated in 2024.
    (205) 752-7900 Call to check price and availability
    Request Owner's contact information
    6115 18Th Ave Tuscaloosa, AL 35405
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6115 18Th Ave
    Tuscaloosa, AL 35405
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    6115 18Th Ave Tuscaloosa, AL 35405
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Case Mcneill
    Case Mcneill
    Real Estate License ID: 130788
    (205) 752-7900 (205) 292-4643 (205) 292-4043
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!