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Property profile & analytics
OFF-MARKET Estimated value $1,365,000
Banks

1775 New Watermelon Rd Tuscaloosa, AL 35406-3578

4,734 SF 1.13 ac lot Built 2006
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US03-1005130
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2006
Construction WOOD
Total area 4,734 SF
Lot 1.13 ac (49,005 SF)
Zoning code BN
APN 21-09-31-4-003-004.001
UPID US03-1005130
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
  • ATM (Regions Bank) Atm
  • Maren Glover - Regions Bank Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.37M
Owner & transaction history
1775 New Watermelon Road LLC · 1 yrs held
1775 New Watermelon Road LLC
since 2025
Last sale
$1.5M
5 recorded transactions
2025
Price N/A
2025
$1.6M
2023
$1.5M
2021
$850,000
2005
$500,500
Zoning & alternative use
BN · Tuscaloosa, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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