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Property profile

140 Skyland Dr Tuscaloosa, AL 35405

OFF-MARKET
Retail properties & Spaces
17,978 SF 2.03 ac lot Built 2021
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Property summary

AI-generated overview

Exceptional opportunity to acquire a nearly new, Class A retail storefront located at 140 Skyland Dr, Tuscaloosa, AL 35405. This 17,978 square foot building, formerly occupied by Badcock Furniture, sits on a 2.03-acre lot and boasts 24 parking spaces. Built in 2021, the property features a spacious, open showroom ideal for various retail uses, complemented by two smaller offices/rooms, dual ADA-compliant restrooms, a break room, and a dedicated loading/storage area with a truck well. The building's design allows for flexibility, making it suitable for flex space as well. Its prime location along Skyland Boulevard (US Highway 11), a major thoroughfare in south-central Tuscaloosa, ensures high visibility and accessibility. The property benefits from excellent proximity to I-59/20, I-359, and US Highway 82 (McFarland Boulevard), placing it within easy reach of a large customer base. A significant area to the east of the building offers potential for parking expansion or yard space. The property is zoned BN and will be ready for occupancy on November 15, 2024. Asking price is $2,700,000. This is a rare opportunity to secure a high-quality, well-located retail space in a thriving market. The property's size, amenities, and location make it an attractive investment for owner-users seeking a prominent presence in Tuscaloosa.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2021
Total area 17,978 SF
Lot 2.03 ac (88,427 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods Home Decor Store

Location

140 Skyland Dr Tuscaloosa, AL 35405
Tuscaloosa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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