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Property profile

401 20Th Ave Northport, AL 35476

FOR LEASE
Office buildings
Property ID
US03-0771161
5,920 SF Built 1993
Last sale May 2023 · $799,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Unit 5 is a flex-style commercial suite with an open-concept layout that includes a lobby area, office space, and a restroom. The unit has a street-facing industrial garage door that connects directly to the interior, supporting indoor work or service use alongside customer or reception functions. The suite is located at 401 20th Avenue in downtown Northport within a retail center, in an area surrounded by restaurants, shops, businesses, and nearby residential communities. The interior…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$111k
Assessed land$17k
Assessed improvement$94k
Effective rate3.85%

Value estimate

· Oct 2026
$195k
$176k – $215k
Submarket $/SF estimate$586k
NOI build-up
Gross scheduled income$21k
Vacancy & credit loss−$5k
Operating expenses−$4k
NOI · 772.20% cap applied$12k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$117/SF
County average, outlier-cleaned · 96 recorded sales of this use type
Observed band · Q1–Q3$55 – $181
Qualifying comparables6

Cap rate analysis

How does the asset earn?
772.20%
$12k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HDC
The intent of HDC district to preserve and reinforce the physical character and architectural integrity of the historic downtown, This di...
General categoryCOMMERCIAL
JurisdictionTUSCALOOSA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office19.4
Wholesale Shop14.0
Electrical Service12.3

Location

401 20Th Ave Northport, AL 35476
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1905 4th, Northport, AL 35476-5046 $175,050 Mar 2025 5,000 SF
911 Main, Northport, AL 35476-4433 $431,200 Nov 2024 3,396 SF
Martin Luther King Jr, Northport, AL 35476 $26,525 Oct 2023 8,290 SF
217 Main, Northport, AL 35476-5055 $305,912 Jun 2022 2,508 SF
2011 64th, Northport, AL 35476-3458 $875,000 Feb 2020 11,375 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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