1775 New Watermelon Rd Tuscaloosa, AL 35406-3578
This exceptional 4,734 square foot retail property, located at 1775 New Watermelon Road in Tuscaloosa, Alabama, presents a unique investment opportunity. Situated on a 1.1-acre lot, this former bank building boasts unparalleled visibility due to its strategic location directly across from a Publix supermarket and adjacent to a soon-to-be-opened Starbucks. The interior has been completely demolished, offering a blank canvas for a wide range of retail concepts. The expansive space provides ample room for customization and allows for the creation of a modern, efficient layout tailored to specific business needs. The high-traffic area ensures significant foot traffic and visibility, making this property ideal for businesses seeking maximum exposure. The 1.1-acre lot offers potential for future expansion or additional development. This property is priced at $1,650,000 and represents a compelling investment in a thriving commercial area with strong potential for growth and return. The property's prime location and substantial size make it an exceptional opportunity for a discerning investor or business owner. Don't miss this chance to secure a prominent retail space in a high-demand location.
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ATM (Regions Bank) Atm
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Maren Glover - Regions Bank Loan Service Bank
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BN · Tuscaloosa, ALTuscaloosa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.