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Property profile & analytics
FOR SALE
Motels

3410 University Blvd E Tuscaloosa, AL 35404

561 SF Built 1956
Entity Owned Absentee Owner Free & Clear
Property ID
US03-0738414
3410 University Blvd E, Tuscaloosa, AL 35404 For Sale
$1,200,000 561 SF
3410 University Blvd E, Tuscaloosa, AL 35404
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Property summary
AI-generated overview

This exceptional 4.45-acre commercial land parcel, located at 3410 University Blvd E in Tuscaloosa, Alabama (zip code 35404), presents a unique redevelopment opportunity. Previously the site of the Moon Winx Lodge, the property is now cleared and level, eliminating costly demolition expenses. The asking price is $1,200,000, translating to a land value of $6.18 per square foot, a figure derived from recent comparable sales adjusted for demolition costs. The property is zoned MX-3 currently, with a proposed GC zoning designation. Its strategic location in the Alberta section of Tuscaloosa offers excellent visibility and accessibility, situated approximately five minutes from the University of Alabama campus. Furthermore, this site benefits from its central position within a new $19 million city-funded sidewalk and bike path project slated to begin construction in January 2025 and conclude within nine months. This infrastructure improvement will significantly enhance the property's value and appeal. Detailed demographic and related reports and studies are available upon request. This prime location and the potential for significant development make this an exceptional investment opportunity in a rapidly growing area. Don't miss the chance to acquire this ready-to-develop commercial land in a vibrant and expanding community.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1956
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 561 SF
Zoning code BH
APN 30-04-20-1-011-008.000
UPID US03-0738414
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
  • U-Haul Neighborhood Dealer Car Rental Facility
  • Moon Winx Lodge Hotel & Motel
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
KISHAN LLC
KISHAN LLC
Zoning & alternative use
BH · Tuscaloosa, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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