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Property profile & analytics
OFF-MARKET
Dormitories

2425 Prince Ave Tuscaloosa, AL 35401

4.5 ac lot
Property ID
US03-0713467
Property summary
AI-generated overview

This exceptional 4.5-acre parcel presents a remarkable opportunity for a lucrative townhome or multifamily development in the heart of Tuscaloosa, Alabama. Located at 2425 Prince Ave, 35401, this property boasts a highly desirable central location, offering unparalleled convenience to the University of Alabama (UA), Bryant-Denny Stadium, DCH Regional Medical Center, schools, and a variety of shopping options. The existing structures on the site, an 1853-square-foot house and a garage storage building, are secondary to the land's intrinsic value and development potential. The property's topography and adjacency to the Sumner Place townhouse development suggest a straightforward zoning process. This significant landholding offers a rare chance to capitalize on the strong demand for housing in this thriving area. The asking price for this exceptional development opportunity is $1,200,000. Don't miss this chance to acquire a prime piece of Tuscaloosa real estate with significant upside potential. The property's central location and proximity to key amenities make it an ideal site for a high-demand housing project. This is a truly unique opportunity for developers seeking a prime location with excellent access to the University of Alabama and other key community assets.

Property profile
Verified
Property type Dormitories
Lot 4.5 ac (196,020 SF)
UPID US03-0713467
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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