Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    520 15Th St Tuscaloosa, AL 35401

    For Sale
    Contact for pricing

    1.28-acre corner lot, high traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.28-acre parcel presents a rare redevelopment opportunity in Tuscaloosa, Alabama. Located at 520 15th Street, this property boasts a highly desirable location, offering excellent walkability to the University of Alabama's campus, home to over 39,000 students. The site is zoned BN- Neighborhood Business Commercial District, allowing for a variety of uses. The property features 201.57 feet of frontage along 15th Street, including a median cut and indirect access to a traffic signal on Hackberry Lane, ensuring high visibility and accessibility. This corner lot is ideally suited for a variety of commercial developments, including but not limited to quick-service restaurants (QSRs), car washes, medical facilities, or a bank. Preliminary plans include a convenience store on the corner parcel and climate-controlled storage on the far east portion. The property is available for ground lease or purchase, providing flexibility for potential investors and developers. This is a unique opportunity to capitalize on the vibrant Tuscaloosa market and its proximity to a large student population. The property's size, location, and zoning make it an attractive investment for those seeking a high-impact commercial development project. Serious inquiries are encouraged.

    Property Features for 520 15Th St

    General Information

    Property type
    Restaurants
    Lot Size
    55,757 SF

    HighLights

    • 1.28‑acre redevelopment opportunity in Tuscaloosa, Alabama, at 520 15th Street.
    • Highly desirable location near the University of Alabama (39,000+ students), offering excellent walkability.
    • BN‑zoned (Neighborhood Business Commercial District), allowing diverse commercial uses.
    • 201.57 feet of 15th Street frontage, including median cut and indirect access to Hackberry Lane traffic signal, ensuring high visibility and accessibility.
    • Suitable for various commercial developments, including QSRs, car washes, medical facilities, and banks.
    • Available for ground lease or purchase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cardtronics ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop 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
    -87.543154242074
    Latitude
    33.198760505933

    Nearby Similar for Sale

    • $2,390,000
      6,000 SF

      Tuscaloosa Dental Office For Sale

      6,000 SF dental office on Rice Mine Road NE.
      221 Rice Mine Rd NE, Tuscaloosa, AL 35406
      View Details
    • $4,600,000
      46,566 SF

      Two-Story Office Building, Tuscaloosa

      46,556 SF office building with interstate access and ample parking.
      3716 12Th Ave E, Tuscaloosa, AL 35405
      View Details
    • $899,900
      3,230 SF

      Downtown Tuscaloosa Historic Office Space

      Renovated office with original charm, parking, and expansion potential.
      2902 7Th St, Tuscaloosa, AL 35401
      View Details
    • $899,900
      5.25 Acres

      Tuscaloosa Commercial Property with Warehouse

      Versatile commercial space with warehouse near University of Alabama.
      3325 University Blvd, Tuscaloosa, AL 35404
      View Details
    • $1,900,000
      1,792 SF

      Tuscaloosa Multifamily Investment Opportunity

      Portfolio of ten income-producing properties near the University of Alabama.
      2741 Sumner Pl, Tuscaloosa, AL 35401
      View Details
    • $1,900,000

      Tuscaloosa Portfolio Near University

      Ten properties near the University of Alabama, leased through July 2027.
      2741 Sumner Pl, Tuscaloosa, AL 35401
      View Details

    FAQs

    What type of property is this?
    Restaurant - 1.28-acre corner lot, high traffic
    Where is this restaurant located?
    The property is located at 520 15Th St Tuscaloosa, AL.
    What are key features of this property?
    This property features: 1.28-acre redevelopment opportunity in Tuscaloosa, Alabama, at 520 15th Street.; Highly desirable location near the University of Alabama (39,000+ students), offering excellent walkability.; BN-zoned (Neighborhood Business Commercial District), allowing diverse commercial uses.
    Request Owner's contact information
    520 15Th St Tuscaloosa, AL 35401
    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.
    520 15Th St
    Tuscaloosa, AL 35401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    520 15Th St Tuscaloosa, AL 35401
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.