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    801 Rice Mine Rd Tuscaloosa, AL 35406

    For Sale
    $1,990,000

    4.4 Acres, Prime Riverfront Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 4.4-acre property presents a unique investment opportunity in Tuscaloosa, Alabama. Located on Rice Mine Road North, this land boasts approximately 509 linear feet of frontage along the Black Warrior River, offering breathtaking views and unparalleled access to the waterway. The property is zoned for Riverfront Development (RD), providing flexibility for a variety of commercial and residential projects. City of Tuscaloosa water and sewer services are readily available, simplifying infrastructure development. Its strategic location offers excellent proximity to the University of Alabama campus and its associated amenities, making it an attractive site for businesses seeking a vibrant and convenient location. The area is experiencing significant growth, with recent developments such as the Saban Center, the SI Resort, and Northport's River Run Park further enhancing the property's value and potential. This site's combination of riverfront access, desirable zoning, and proximity to the University of Alabama makes it an ideal location for a corporate headquarters or mixed-use development, capitalizing on the area's burgeoning growth and attractive lifestyle. The property's APN is 31-06-14-1-007-001.001. The asking price is $1,990,000.

    Property Features for 801 Rice Mine Rd

    General Information

    Property type
    Land
    Lot Size
    191,664 SF

    HighLights

    • $1,990,000 asking price.
    • 4.4‑acre land parcel.
    • Riverfront Development (RD) zoning.
    • City of Tuscaloosa water and sewer available.
    • Approximately 509 linear feet of Black Warrior River frontage.
    • Excellent proximity to the University of Alabama campus.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tuscaloosa
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.5460256
    Latitude
    33.2253199

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    FAQs

    What type of property is this?
    Land - 4.4 Acres, Prime Riverfront Location
    Where is this land located?
    The property is located at 801 Rice Mine Rd Tuscaloosa, AL.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: $1,990,000 asking price.; 4.4-acre land parcel.; Riverfront Development (RD) zoning.
    (205) 292-1346
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    801 Rice Mine Rd Tuscaloosa, AL 35406
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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
    801 Rice Mine Rd Tuscaloosa, AL 35406
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