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Property profile & analytics
FOR SALE
Medical Office Space
221 Rice Mine Rd NE Tuscaloosa, AL 35406
Individually Owned
2-yr Hold
Free & Clear
Property ID
US03-0429203
For Sale
1 / 59
$2,390,000
221 Rice Mine Rd NE, Tuscaloosa, AL 35406
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1976
Construction
WOOD
Total area
6,000 SF
Lot
0.78 ac (33,777 SF)
Zoning code
BN
APN
31-01-12-4-011-002.002
UPID
US03-0429203
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
-
Dr. Richard A. Simpson, DMD: Children & Teen Dental Dental Office
-
Burgess, J Barry DMD Dental Office
-
Total Health Of Tuscaloosa Alternative Medicine Practice
-
Children and Teen Dental of Alabama - Tuscaloosa (Rice Mine Rd.) Dental Office
-
John Burgess Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
J Barry Burgess · 2 yrs held
J Barry Burgess
since 2024
5 recorded transactions
Zoning & alternative use
BN · Tuscaloosa, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tuscaloosa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tuscaloosa submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,186
Tax year 2023
Assessed value
$139,540
Assessed 2023
Previous assessed
$139,060
+0.3% YoY
Effective rate
5.15%
On assessed value
Assessed land
$33,780
Assessed improvement
$105,760
Land market value
$168,900
Improvement market value
$528,800
Total market value
$697,700
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1976
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
13
Bathrooms
1
Total area
6,000 SF
Lot
0.78 ac (33,777 SF)
Zoning code
BN
APN
31-01-12-4-011-002.002
UPID
US03-0429203
Jurisdiction
TUSCALOOSA
Zoning & alternative use
BN · Tuscaloosa, AL
Zoning BN · permitted uses
BN · Tuscaloosa, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tuscaloosa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
13
Bathrooms
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
J Barry Burgess
Individual
Free & Clear · 2 yrs held
Mailing address
221 RICE MINE RD NE, TUSCALOOSA, AL 35406-2401
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2025
—
J Barry Burgess
—
Deed
related
$203,000 · Cb&s Bank
Mar 1, 2024
—
J Barry Burgess
Jennifer Burgess
Warranty Deed
related
—
Dec 14, 2022
—
J Barry Burgess
—
Deed
related
$46,114 · Cb&s Bank
Jun 28, 2022
—
J Barry Burgess
—
Deed
related
$645,000 · Cb&s Bank
May 23, 2016
—
J Barry Burgess
—
Deed
related
$597,000 · Robertson Banking
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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