Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1311 Woodmont Dr Tuscumbia, AL 35674-4201
    Back to Search
    Property profile & analytics

    1311 Woodmont Dr, Tuscumbia, AL 35674-4201

    View on Map
    • Office Spaces
    • 2,139 SF
    Off-Market
    Property ID
    US03-2888884
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Will Britt - State Farm Insurance Agent / Insurance Agency
    • Terminix Pest Control / Garden Center

    Property Details for 1311 Woodmont Dr

    Year built
    2006
    Property type
    Office Spaces
    APN
    13-02-09-4-003-001.002
    APU
    1302094003001002

    Description

    This exceptional owner-user opportunity presents a vacant 2,094 square foot retail/office building situated on a sizable 28,500 square foot lot in Tuscumbia, Alabama. Currently vacant, this storefront boasts a strategic location alongside established businesses such as Dollar Tree, Chevron, AutoZone, O'Reilly Auto Parts, Marathon Gas, Texaco, and Burger King, ensuring high visibility and foot traffic. The property benefits from strong demographics, with a 2022 traffic count of 6,770 vehicles per day (VPD, per CoStar data). Within a three-mile radius, the population exceeds 19,700, and the average household income is $60,546. The projected population growth rate from 2023 to 2028 is 1.0%. This presents a unique chance to establish or relocate your business in a thriving commercial area. The asking price is $225,000, translating to $107.45 per square foot. The property's address is 1311 Woodmont Dr, Tuscumbia, AL 35674. This is an ideal investment for an owner-occupant seeking a high-traffic location with significant growth potential. The property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tuscumbia
    County
    Colbert
    State
    Alabama
    Longitude
    -87.6958
    Latitude
    34.7182
    CBSA code
    22520
    CBSA name
    FLORENCE-MUSCLE SHOALS, 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
    $1,902
    $0.00
    $0.00
    $39,620
    -
    $72,000
    $126,100
    $198,100

    Comparable in this City

    • Value Estimation by Request
      3,657 SF

      5th St

      OFFICE (GENERAL)
      5th St, Tuscumbia, AL 35674
      View Details
    • Value Estimation by Request
      2,637 SF

      107 5th St

      OFFICE (GENERAL)
      107 5th St, Tuscumbia, AL 35674-2409
      View Details
    • Value Estimation by Request
      3,876 SF

      201 Water St

      OFFICE (GENERAL)
      201 Water St, Tuscumbia, AL 35674-1926
      View Details
    • Value Estimation by Request
      1,530 SF

      5035 Wilson Dm Rd

      OFFICE (GENERAL)
      5035 Wilson Dm Rd, Tuscumbia, AL 35674-9129
      View Details
    • Value Estimation by Request
      1,581 SF

      104 2nd St

      OFFICE (GENERAL)
      104 2nd St, Tuscumbia, AL 35674-2012
      View Details
    • Value Estimation by Request
      10,260 SF

      808 Woodmont Dr

      OFFICE (GENERAL)
      808 Woodmont Dr, Tuscumbia, AL 35674-3952
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,500 SF

      Corner Lot Commercial Space

      1,500 sq ft corner lot with parking.
      300 E 6Th St, Tuscumbia, AL 35674
      View Details
    • Contact for pricing
      2,560 SF

      Tuscumbia Commercial Property on Frankfort

      Versatile commercial property in high-traffic Tuscumbia location.
      726 Frankfort Rd, Tuscumbia, AL 35674
      View Details
    • Contact for pricing

      Tuscumbia Warehouse with Office Space

      8,054 SF warehouse plus 625 SF office space.
      300 W 5Th St, Tuscumbia, AL 35674
      View Details
    • $234,900
      1,500 SF

      Tuscumbia Commercial Space For Sale

      1,500 sq ft corner-lot property with parking and security system.
      300 E 6Th St, Tuscumbia, AL 35674
      View Details
    • $225,000
      8,679 SF

      Warehouse with Office Space

      Warehouse and finished office area combine strong storage functionality with practical space for day-to-day administration.
      300 W 5Th St, Tuscumbia, AL 35674
      View Details
    • Contact for pricing
      2,733 SF

      Mixed-Use Commercial Property For Sale

      Mixed-use property with commercial, residential, and storage spaces.
      5910 Highway 43, Tuscumbia, AL 35674
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1311 Woodmont Dr
    Tuscumbia, AL 35674-4201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1311 Woodmont Dr, Tuscumbia, AL, 35674
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!