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    2620 Mcfarland Blvd Tuscaloosa, AL 35405

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    For Lease
    Contact for pricing

    7,508 SF Freestanding Restaurant

    Lot size:
    7,508 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 7,508-square-foot freestanding restaurant building sits on a 1.49-acre outparcel in Tuscaloosa, Alabama. Located on McFarland Boulevard E, a major retail thoroughfare, this property offers excellent visibility and accessibility. The building is a second-generation restaurant space, presenting a unique opportunity for lease, ground lease, or division into two parcels to accommodate various tenant needs. Its prime location offers proximity to The University of Alabama, boasting approximately 39,623 students and representing the area's largest employer. The property is part of McFarland Plaza, a successful shopping center anchored by national retailers such as T.J. Maxx, HomeGoods, Ross Dress for Less, Michaels, Party Wow, Cato, Dollar General, Jersey Mike's, Slim Chickens, and Cosmo Prof. This strong retail environment serves a trade area population exceeding 400,000. The property's size and location make it ideal for a variety of restaurant or special purpose uses. The address is 2620 McFarland Blvd E, Tuscaloosa, AL 35405, and the cross street is McFarland Boulevard E.

    Property Features for 2620 Mcfarland Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,508 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    7,508 SF

    HighLights

    • 7,508 SF freestanding restaurant building on a 1.49‑acre outparcel.
    • Located on high‑traffic McFarland Blvd E in Tuscaloosa, AL, offering excellent visibility.
    • Second‑generation restaurant space, suitable for lease, ground lease, or division into two parcels.
    • Prime location near The University of Alabama (39,623 students), the area's largest employer.
    • Situated in McFarland Plaza, a successful shopping center anchored by national retailers including T.J. Maxx, HomeGoods, and Ross Dress for Less.
    • Serves a trade area with over 400,000 residents.
    Property Profile Location Intelligence

    Current Use by Public Records

    Red Lobster Seafood Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tuscaloosa
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.526489588803
    Latitude
    33.185148086055

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    FAQs

    What type of property is this?
    Restaurant - 7,508 SF Freestanding Restaurant
    Where is this restaurant located?
    The property is located at 2620 Mcfarland Blvd Tuscaloosa, AL.
    What are key features of this property?
    This property features: 7,508 SF freestanding restaurant building on a 1.49-acre outparcel.; Located on high-traffic McFarland Blvd E in Tuscaloosa, AL, offering excellent visibility.; Second-generation restaurant space, suitable for lease, ground lease, or division into two parcels.
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    2620 Mcfarland Blvd Tuscaloosa, AL 35405
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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
    2620 Mcfarland Blvd Tuscaloosa, AL 35405
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