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    3127 Martin Luther King Blvd Tuscaloosa, AL 35401

    Sponsored
    For Lease
    $15 SF/Yr ($5,500 /Mo)

    Prime Retail Location, High Visibility

    Lot size:
    4,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,400-square-foot retail storefront, built in 2018, is ideally situated at the signalized intersection of MLK and Stillman Boulevard in Tuscaloosa. Boasting excellent visibility and convenient access to downtown, this single-tenant space presents a remarkable opportunity for businesses seeking a high-traffic location. The property features a spacious, open sales floor, complemented by a rear stockroom and office area. The flexible layout offers the potential for division into two separate spaces, catering to a variety of business needs. The building is a single-story structure with no elevators. Property taxes are $1.50 per square foot. The zoning classification is BN. Currently, the entire 4,400 square feet is vacant and available for lease. The lease terms are net-net (NN), meaning the tenant is responsible for certain operating expenses. This property offers unparalleled exposure and accessibility, making it an ideal location for a variety of retail businesses seeking to establish a strong presence in a thriving downtown area. The building's modern construction and adaptable floor plan provide a blank canvas for a successful enterprise. Don't miss this chance to secure a prime retail space in a high-demand location.

    Property Features for 3127 Martin Luther King Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,400 SF
    Total Rate
    5500

    Building Details

    Year Built
    2018
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,400 SF
    Rate per SF
    $15

    HighLights

    • 4,400 SF retail storefront for lease.
    • Single‑tenant occupancy.
    • Located at a signalized intersection with high visibility.
    • Built in 2018.
    • Features a large open sales floor, stockroom, and office.
    • Potential for division into two spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Tuscaloosa
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.5763798
    Latitude
    33.1830721

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Location, High Visibility
    Where is this individual retail property located?
    The property is located at 3127 Martin Luther King Blvd Tuscaloosa, AL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 4,400 SF retail storefront for lease.; Single-tenant occupancy.; Located at a signalized intersection with high visibility.
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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
    3127 Martin Luther King Blvd Tuscaloosa, AL 35401
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