Freestanding Bank Branch
Tuscaloosa, AL 35405 Tuscaloosa, AL 35405
New
Tuscaloosa, AL, 35405
$1,460,000
For Sale
$1,460,000
COMMERCIAL - Tuscaloosa, AL
Property Size4,801 SF
Lot Size0.86 Acres
Price / SF$304.10
Days on Market6
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 4,801 SF
- Lot size
- 0.86 Acres
Building Details
- Year built
- 2003
Listing Agency
NextHome Legacy Group
(205) 507-1103
535 Jack Warner Parkway, Suite H1, AL
Listed by
Stephanie McCullar · License #000125741,PersonLicenseNumber
(205) 310-3601
Added: Jul 16 Updated: Jul 20 at 4:00 pm Checked: Jul 21 at 4:06 am
MLS# 174766
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Former freestanding bank branch building for sale, currently vacant, with a functional interior layout that includes a boardroom, three offices, five workstations, and a break room. The space is equipped with teller windows and a safe, along with three restrooms to support day-to-day operations. A drive-thru feature further expands the practical use and customer access options.
The property is located in Tuscaloosa, Alabama 35405. The offering includes a single freestanding structure on a 0.86-acre lot, totaling 4,801 square feet.
As configured, the building can accommodate a professional office layout with meeting space, private offices, and open workstations, while the existing banking-oriented improvements remain in place.
The property is located in Tuscaloosa, Alabama 35405. The offering includes a single freestanding structure on a 0.86-acre lot, totaling 4,801 square feet.
As configured, the building can accommodate a professional office layout with meeting space, private offices, and open workstations, while the existing banking-oriented improvements remain in place.
Key Highlights
- Former freestanding bank branch built in 2003
- Vacant commercial space with functional layout: boardroom, three offices, five workstations, and break room
- Bank features include teller windows and a safe
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.2k | $24.00 |
| − Vacancy | −$8.1k | −$1.68 |
| EGI | $107.2k | $22.32 |
| − OpEx | −$42.9k | −$8.93 |
| NOI | $64.3k | $13.39 |
4,801 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$918.5K
$803.7K – $1.07M
NOI $64,295 @ 7.0% cap · market cap 4.40%
Second Best
Specialty Retail
$862.9K
$755.1K – $1.01M
NOI $60,406 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$1.15M
$1.01M – $1.35M
NOI $80,761 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Banks
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Vacant freestanding bank branch features office and boardroom space, teller windows, safe, and drive-thru access.
Where is this bank located?
The property is located at Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $1,460,000.
What are key features of this property?
This property features: Former freestanding bank branch built in 2003; Vacant commercial space with functional layout: boardroom, three offices, five workstations, and break room; Bank features include teller windows and a safe
