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Property profile & analytics
OFF-MARKET
Super regional malls

1800 Mcfarland E Blvd Tuscaloosa, AL 35404-5874

24,165 SF 30 ac lot Built 2007
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-0865391
Property summary
AI-generated overview

Midtown Village, a premier retail lifestyle center in Tuscaloosa County, Alabama, offers exceptional leasing opportunities. This high-traffic location boasts over 75,000 vehicles passing daily on the main retail corridor, making it the top-performing retail destination within a 30-mile radius, attracting over 5.1 million annual visitors yearly. The property comprises a 345,000 square foot building with nine suites available, ranging from a minimum of 1,400 square feet to a maximum contiguous space of 3,780 square feet. Currently, 22,947 square feet are vacant. Benefit from excellent visibility, accessibility, and ample parking. The strong tenant lineup includes national brands such as Best Buy, Ulta, Barnes & Noble, Planet Fitness, and Lululemon. This location's proximity to the University of Alabama, with its 37,000+ student population, provides a significant and consistent customer base. Ulta, Best Buy, Barnes & Noble, and Old Navy are the only stores of their kind within a 50-mile radius, ensuring a unique and highly desirable retail environment. This is a prime opportunity to establish or expand your business in a thriving market.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2007
Total area 24,165 SF
Lot 30 ac (1,306,800 SF)
Zoning code BN
APN 31-07-25-1-001-002.000
UPID US03-0865391
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
  • Chipotle Mexican Grill Restaurant
  • Chicken Salad Chick Take-out & Catering
  • Tropical Smoothie Cafe Restaurant
  • KAY Jewelers (Bike/Boat/Book/etc) Store
  • PurpleRae The Studio Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tuscaloosa LLC · 4 yrs held
Tuscaloosa LLC
since 2021
Last sale
$71.4M
4 recorded transactions
2021
$71.4M
2006
$2.7M
2006
$2.7M
2005
Price N/A
Zoning & alternative use
BN · Tuscaloosa, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source 556945 map series
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