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Property profile & analytics
OFF-MARKET Estimated value $1,235,000
Outlet malls

1700 Mcfarland Blvd Northport, AL 35476-3276

15,300 SF 1.9 ac lot Built 2018
Entity Owned Absentee Owner Free & Clear
Property ID
US03-2281876
Property summary
AI-generated overview

This exceptional retail space, totaling 2,000 square feet, presents a unique opportunity in a thriving Northport, Alabama shopping center. Located at 1700 and 1852 McFarland Blvd, zip code 35476, this end-cap unit benefits from its prime corner location within a high-traffic area. The property is part of a 100% leased shopping center, ensuring a consistent flow of customers. This is a rare vacancy in a highly desirable location. The center boasts strong anchor tenants, including a Walmart Neighborhood Market and Harbor Freight Tools, providing significant draw and visibility for potential tenants. The space is ideal for a variety of retail businesses seeking exposure to a substantial customer base. The address is easily accessible, offering convenient access for both customers and employees. This is an excellent opportunity to establish or expand a retail presence in a robust and growing market. Serious inquiries are encouraged to explore this exceptional retail space. The property type is retail, specifically a strip center with multiple tenancies. The total building square footage is not currently specified.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2018
Total area 15,300 SF
Lot 1.9 ac (82,764 SF)
Zoning code C-6
APN 31-02-10-2-002-019.002
UPID US03-2281876
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$1.24M
Owner & transaction history
NORTHPORT CORNERS LLC
NORTHPORT CORNERS LLC
Zoning & alternative use
C-6 · Northport, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The C-6 district is intended for properties adjacent to McFarland Boulevard to accommodate a wide range of commercial activities

Zone name Commercial Highway
General category COMMERCIAL
Zone area 495.57 ac
Source Realmo
Top alternative use upside
Office building $1.8M +24.0%
Commercial (general) $1.7M +14.8%
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