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    FOR SALE
    Churches & religious facilities

    1125 Englewood Village Dr, Tuscaloosa, AL 35405

    8,564 SF 2.93 ac lot Built 2016
    Property ID
    US03-0982587
    Property summary
    AI-generated overview

    This exceptional 8,564-square-foot church building, constructed in 2016, sits on a spacious 2.93-acre lot in Tuscaloosa, Alabama. Located at 1125 Englewood Village Dr, 35405, this single-story property boasts a large sanctuary complete with a baptism pool and a small adjoining kitchen. The building also features ADA-accessible restrooms (men's with two stalls and two urinals, women's with four stalls and two sinks), a sizable conference/dining room with its own small kitchen, and three smaller multi-purpose offices, plus a nursery. The property includes 140 parking spaces, seven of which are designated handicap spaces. The building is equipped with central HVAC, a gas water heater, a fully installed fire suppression sprinkler system, and a gated dumpster area. The permitted zoning is BH - Business Highway. All furnishings are included in the sale price of $1,750,000. The owner will also consider leasing the property at a net rate of $14.25 per square foot, requiring a minimum five-year lease commitment. The property is in pristine condition and is conveniently located one block from Highway 69S, near the Winn-Dixie Marketplace. The occupancy date is March 27, 2024.

    Property profile
    Verified
    Property type Churches & religious facilities
    Year built 2016
    Total area 8,564 SF
    Lot 2.93 ac (127,631 SF)
    UPID US03-0982587
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • the church of Christ at Hillcrest Church
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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