Flex Space With Loading
912 29th Avenue, Tuscaloosa, AL 35401
For Sale
$2,450,000
CommercialSale, Tuscaloosa, AL
Property Size16,703 SF
Lot Size1.20 Acres
Price / SF$146.68
Days on Market96
Property Features for 912 29th Avenue
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
HOA Fee
Legal Description
Amenities
loading docks
Building Details
Number of units
Listing Agency:
Harwood Real Estate LLC
(205) 764-1637
Listed By:
Richard Harwood · License #118535018
(205) 799-2210
Added: Aug 6
Changed: Oct 3
Last Checked: Nov 9 at 4:06AM
MLS# 176599
Copyright © 2026 West Alabama Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This flex space at 912 29th Avenue combines office and warehouse functions within a versatile commercial building. The interior includes areas suited to offices, meetings, and collaborative work, along with open warehouse space that connects to loading docks. The configuration can accommodate corporate, administrative, and professional operations.
The property occupies 1.2 acres in Downtown Tuscaloosa, Alabama, and includes on-site parking. Its office and warehouse combination provides a practical setting for businesses requiring both workspace and storage or loading functionality.
The property occupies 1.2 acres in Downtown Tuscaloosa, Alabama, and includes on-site parking. Its office and warehouse combination provides a practical setting for businesses requiring both workspace and storage or loading functionality.
Key Highlights
- Flex space combines office and warehouse areas
- Open warehouse space with loading dock access
- 1.2‑acre property in Downtown Tuscaloosa
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$193,471
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,869,420
$3.9M
Cap Rate 7%
$2,763,871
$2.8M
Cap Rate 9%
$2,149,678
$2.1M
Market Conditions
NOI Build-Up for 16,703 SF
Gross rent
$330.7K $19.80/SF
− Vacancy
−$72.8K −$4.36/SF
EGI
$258.0K $15.44/SF
− OpEx
−$64.5K −$3.86/SF
NOI
$193.5K $11.58/SF
Area
Tuscaloosa, AL
Vacancy
22.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,869,420
Cap Rate 7%
$2,763,871
Cap Rate 9%
$2,149,678
Alternative Uses
Best Use
Office B
$2.76M
$2.42M – $3.22M
NOI $193,471 @ 7.0% cap · market cap 7.90%
Second Best
Flex RnD
$1.85M
$1.62M – $2.15M
NOI $129,274 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$4.01M
$3.51M – $4.68M
NOI $280,971 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,348
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 35401, AL
41,852
Population
19,517
Households
2.1
Avg Household Size
26
Median Age
27%
College-Educated
85%
High-School Grad
40.1 sq mi
ZIP Area
1,044
Density / Sq Mi
$30,031
Median Household Income
$13,041
Median Earnings
$911
Median Rent
$141,100
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Tuscaloosa County, AL
Properties on Market for Flex space in Tuscaloosa County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Stillman College Dining Services — 3601 Stillman Blvd, Tuscaloosa, AL 35401
- Clean Eatz — 2008 University Blvd SUITE A, Tuscaloosa, AL 35401
- Cleaver & Clove — studio inside Sweetthang’s Bakery, 305 21st Ave Suite C2, Tuscaloosa, AL 35401
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas support administrative, professional, and collaborative business functions.
Where is this flex space located?
The property is located at 912 29th Avenue Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Flex space combines office and warehouse areas; Open warehouse space with loading dock access; 1.2‑acre property in Downtown Tuscaloosa
