Property profile

3501 Watermelon Rd Northport, AL 35473

OFF-MARKET
Retail properties & Spaces
Property ID
US03-0506257
12,200 SF 0.66 ac lot Built 1976
Individually Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1976
Total area 12,200 SF
Lot 0.66 ac (28,847 SF)
Zoning code C-3
APN 31-01-11-1-001-013.003
UPID US03-0506257

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Commercial Cleaning Service

Location

3501 Watermelon Rd Northport, AL 35473-5136
Northport metro Census 10406 TUSCALOOSA, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2005
2 recorded transactions
2005
$278,000
2005
$325,000

Zoning & alternative use

C-3 · Northport, AL
Zoning description

The C-3 district is intended to provide areas for general retail sales, personal and professional services, and other compatible commercial activities serving a citywide customer base

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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