801 Rice Mine Rd, Tuscaloosa, AL 35406
This exceptional 4.4-acre property presents a unique investment opportunity in Tuscaloosa, Alabama. Located on Rice Mine Road North, this land boasts approximately 509 linear feet of frontage along the Black Warrior River, offering breathtaking views and unparalleled access to the waterway. The property is zoned for Riverfront Development (RD), providing flexibility for a variety of commercial and residential projects. City of Tuscaloosa water and sewer services are readily available, simplifying infrastructure development. Its strategic location offers excellent proximity to the University of Alabama campus and its associated amenities, making it an attractive site for businesses seeking a vibrant and convenient location. The area is experiencing significant growth, with recent developments such as the Saban Center, the SI Resort, and Northport's River Run Park further enhancing the property's value and potential. This site's combination of riverfront access, desirable zoning, and proximity to the University of Alabama makes it an ideal location for a corporate headquarters or mixed-use development, capitalizing on the area's burgeoning growth and attractive lifestyle. The property's APN is 31-06-14-1-007-001.001. The asking price is $1,990,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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