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Property profile & analytics
OFF-MARKET
Estimated value
$29,175,000
Investment properties
2600 Mcfarland E Blvd Tuscaloosa, AL 35405-1814
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0686405
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1977
Construction
WOOD
Total area
193,154 SF
Lot
20 ac (871,200 SF)
Zoning code
BN
APN
31-07-25-4-007-001.007
UPID
US03-0686405
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
-
MS Companies Employment Agency
-
Michaels Custom Framing (Bike/Boat/Book/etc) Store Home Decor Store
-
Pet Supplies Plus Tuscaloosa (Bike/Boat/Book/etc) Store Pet Store & Service
-
Tierra & Co Beauty Bar and Spa Spa & Massage Center Skin Care Clinic
-
Jersey Mike's Subs Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$35.30M
Comparable Approach
Comparable
$22.00M
Blend (final)
Blend
$29.18M
Owner & transaction history
Mcfarland Holdings LLC · 4 yrs held
Mcfarland Holdings LLC
since 2022
Last sale
$30.5M
3 recorded transactions
Zoning & alternative use
BN · Tuscaloosa, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$41.5M
+86.6%
Warehouse, storage
$34.2M
+53.9%
Office building
$23.6M
+6.2%
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
Method
Estimation
Statistic approach
$27,580,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$38,240,000
6.5%
$35,295,000
7%
$32,775,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$22,240,000
Current use
RESTAURANT
$41,495,000
Change: +87% · Conversion: Difficult
WAREHOUSE, STORAGE
$34,230,000
Change: +54% · Conversion: Difficult
OFFICE BUILDING
$23,625,000
Change: +6% · Conversion: Easy
RETAIL STORES
$18,270,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$29.18M
Range $26.26M – $32.09M · ±10% · vs last sale $30.50M (Jun 20 2022)
Last sale anchor
$30.50M
Jun 20 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$151 / SF
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
$176,531
Tax year 2023
Assessed value
$3,427,780
Assessed 2023
Previous assessed
$3,032,680
+13.0% YoY
Effective rate
5.15%
On assessed value
Assessed land
$480,000
Assessed improvement
$2,947,780
Land market value
$2,400,000
Improvement market value
$14,738,900
Total market value
$17,138,900
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Rooms
11
Bathrooms
2
Total area
193,154 SF
Lot
20 ac (871,200 SF)
Zoning code
BN
APN
31-07-25-4-007-001.007
UPID
US03-0686405
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$22.2M
RESTAURANT
Est. value
$41.5M
WAREHOUSE, STORAGE
Est. value
$34.2M
OFFICE BUILDING
Est. value
$23.6M
RETAIL STORES
Est. value
$18.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Rooms
11
Bathrooms
2
Lot
20 ac
Current owner
From public records · entity-resolved
Mcfarland Holdings LLC
Entity
Mailing address
400 TECHNE CTR DR STE #320, MILFORD, OH 45150-3710
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2022
$30,500,000
Mcfarland Holdings LLC
Mcfarland Investment Partners LLC
Warranty Deed
—
Aug 31, 2017
$17,700,000
Mcfarland Investment Partners
D D R T C Mcfarland Plaza
Deed
—
Mar 6, 2007
$200,000,000
Mcfarland Plaza Ddrtc
Inland Southeast Mcfarland
Deed
—
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.
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