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    Property profile & analytics

    1021 University Blvd Tuscaloosa, AL 35401-1626

    • Turn key restaurants
    • 7,174 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Last Sale
    Jan 03, 2023
    Location Intelligence
    Property ID
    US03-1188115
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Gallettes / Bar

    Property Details for 1021 University Blvd

    Year built
    1945
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.24 lot acres
    Property size
    7,174 SF
    Zone code
    BC
    Property type
    Turn key restaurants
    APN
    31-06-23-2-212-003.000
    APU
    3106232212003000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tuscaloosa
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.5523
    Latitude
    33.2103
    CBSA code
    46220
    CBSA name
    TUSCALOOSA, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,451
    $15,120
    $110,140
    $125,260
    -
    $75,600
    $550,700
    $626,300

    Comparable in this City

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      3620 Greensboro Ave

      RESTAURANT • 2,400 SF
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      2237 Greensboro Ave

      RESTAURANT • 2,466 SF
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    • Value Estimation
      $315,000
      7,939 SF

      2209 4th St, Unit 10

      RESTAURANT • 7,939 SF
      2209 4th St, Tuscaloosa, AL 35401-1036
      View Details

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      Multi-use building with parking and vacant lot in Tuscaloosa.
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      Retail Development Opportunity in Tuscaloosa

      Retail development opportunity near Stillman College and B F Goodrich plant.
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    Similar Nearby for Lease

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      Tuscaloosa Commercial Building For Lease

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      Retail Space on High-Traffic Corner

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      Tuscaloosa Office Building For Lease

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    Property Visit Statistics

    • Visits by month
      2.7k
    • Visitors by month
      2.6k
    • Avg Time on site
      26 min
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    1021 University Blvd
    Tuscaloosa, AL 35401-1626
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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
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