2425 Prince Ave Tuscaloosa, AL 35401
- Dormitories
- 4.50 lot acres
Current Use by Public Records
- Dormitories
Property Details for 2425 Prince Ave
- Lot size
- 4.50 lot acres
- Property type
- Dormitories
- Property subtype
- Student housing
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tuscaloosa
- County
- Tuscaloosa
- State
- Alabama
- Longitude
- -87.54042229
- Latitude
- 33.18612327221