Financial
Distress signals
Property profile

824 Mcfarland Blvd Northport, AL 35476

FOR SALE
Turn key restaurants
Property ID
US03-0126465
4,757 SF Built 1968
Last sale Jul 2022 · $920,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This is a commercial land parcel totaling 44,431 square feet, positioned to provide street frontage and visibility along a high-traffic corridor. The site’s frontage and dimensions support a range of potential commercial development uses, subject to applicable zoning and permitting requirements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$166k
Assessed land$37k
Assessed improvement$129k
Effective rate3.85%

Value estimate

· Sep 2026
$830k
$747k – $913k
AI approach$835k
Submarket $/SF estimate$788k
NOI build-up
Gross scheduled income$880k
Vacancy & credit loss−$194k
Operating expenses−$172k
NOI · 30.45% cap applied$515k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$217/SF
County average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$66 – $330

Cap rate analysis

How does the asset earn?
30.45%
$515k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-6
The C-6 district is intended for properties adjacent to McFarland Boulevard to accommodate a wide range of commercial activities
General categoryCOMMERCIAL
JurisdictionTUSCALOOSA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.4
Building Supply13.6
Auto Repair Shop13.5

Location

824 Mcfarland Blvd Northport, AL 35476
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2910 9th, Northport, AL 35476 $939,200 Jun 2022 6,480 SF
5420 Mcfarland, Northport, AL 35476-2337 $1,790,000 Apr 2022 3,813 SF
1400 Mcfarland, Northport, AL 35476-3246 $1,300,000 Apr 2022 4,580 SF
2800 Mcfarland, Northport, AL 35476-2932 $2,150,000 Jul 2021 4,220 SF
2601 Mcfarland, Northport, AL 35476-2935 $765,000 Jan 2021 5,670 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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