Entity Owned 
For Sale
1 / 34
$1,695,000
3518 Greensboro Ave, Tuscaloosa, AL 35401
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Property summary
AI-generated overview
This exceptional 5.75-acre mixed-use property at 3516 Greensboro Avenue in Tuscaloosa, Alabama, presents a unique investment opportunity. The property boasts over 47,000 square feet of improvements, strategically located with convenient access to I-30/59. Developed in phases, the site comprises four office buildings and three storage buildings, offering diverse income potential. The main attraction is a substantial 20,000-square-foot, two-story office building constructed in 2000 and consistently updated. This modern office space comfortably accommodates 70+ employees, featuring a blend of open work areas and private offices, complemented by contemporary conference rooms, break rooms, and restrooms. A 6,500-square-foot building faces Greensboro Avenue, while an additional 4,400-square-foot office building sits at the rear, accessible from 11th Avenue. The property also includes 17,000 square feet of versatile shop space distributed across multiple storage buildings. This expansive property offers significant flexibility, with the potential for division to suit various investment strategies and tenant needs. Priced at $3,750,000, this is a compelling opportunity to acquire a substantial mixed-use asset in a prime Tuscaloosa location.
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1994
Total area
9,000 SF
Lot
3.05 ac (132,858 SF)
Zoning code
ML
APN
31-07-35-4-004-019.003
UPID
US03-0912521
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
-
General Contractor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$150k
Owner & transaction history
since 2008
1 recorded transaction
Zoning & alternative use
ML · Tuscaloosa, AL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$150k
Value range
$135k – $165k
±10% around blend
Estimated value / SF
$17 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
40
Income certainty
100
$135k
blend $150k
$165k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,000 SF
Lot area
3.05 ac
Year built
1994
Stories
1
APN
31-07-35-4-004-019.003
Zoning
ML
Assessed value
$189,760
Annual tax
$9,773
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$9,773
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.40M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.3 mi away · 6,400 SF
1.3 mi away · 6,400 SF
1.5 mi away · 7,145 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$150k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 32 sales
$55
-70%
Submarket 62 sales
$68
-76%
County 107 sales
$68
-75%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $17/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Selected market yield
8.46%
Selected cap rate for this retail properties & spaces
Derived from the Tuscaloosa market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.46%
9.0%
NOI (est.)
$143k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.69M
Move the market yield to see immediate price impact.
Value / SF
$188
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.96%8.46%8.96%
$129k
$1.62M
$1.53M
$1.44M
$143k
$1.80M
$1.69M
$1.60M
$158k
$1.98M
$1.86M
$1.76M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$1.30M
0.5 mi · Apr 2026 · $161/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,773
Tax year 2023
Assessed value
$189,760
Assessed 2023
Previous assessed
$192,060
-1.2% YoY
Effective rate
5.15%
On assessed value
Assessed land
$30,500
Assessed improvement
$159,260
Land market value
$152,500
Improvement market value
$796,300
Total market value
$948,800
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
For Sale
Year built
1994
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
30
Bathrooms
1
Total area
9,000 SF
Lot
3.05 ac (132,858 SF)
Zoning code
ML
APN
31-07-35-4-004-019.003
UPID
US03-0912521
Jurisdiction
TUSCALOOSA
Zoning & alternative use
ML · Tuscaloosa, ALZoning ML · permitted uses
ML · Tuscaloosa, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1994
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
30
Bathrooms
1
Lot
3.05 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
ML
Jurisdiction
Tuscaloosa, AL
Recorded code
ML
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for ML in Tuscaloosa, AL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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