Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    405 15th St Tuscaloosa, AL 35401-3552

    • Investment properties
    • 3,772 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $2,325,000
    Last Sale
    Nov 06, 2024
    $2,316,248
    Location Intelligence
    Property ID
    US03-0432083
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • foosackly's - 15th Street / Restaurant
    • T-town tire / Used Tire Shop
    • Carvel / Cake Shop / Bakery

    Property Details for 405 15th St

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.31 lot acres
    Property size
    3,772 SF
    Zone code
    BN
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    31-07-25-2-005-001.000
    APU
    3107252005001000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,340,000
      6.5%
      $2,340,000
      7%
      $2,310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,525,000
      Geo Method
      $2,410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,240,000
      Retail
      $2,260,000
      Mixed-Use
      $2,360,000
      Hospitality
      $1,975,000
      Educational
      $2,070,000
      Residential Income
      $2,370,000
      Energy
      $2,050,000
      Income-Based Land
      $2,185,000
      Food Service
      $2,735,000

    Location Insight

    • Map
    • Local Demand
    City
    Tuscaloosa
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.5405
    Latitude
    33.1983
    CBSA code
    46220
    CBSA name
    TUSCALOOSA, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,967
    $32,480
    $44,540
    $77,020
    -
    $162,400
    $222,700
    $385,100

    Comparable in this City

    • Value Estimation by Request
      1,296 SF

      31st St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,296 SF
      31st St, Tuscaloosa, AL 35401
      View Details
    • Value Estimation by Request
      7,089 SF

      801 Paul W Bryant Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 7,089 SF
      801 Paul W Bryant Dr, Tuscaloosa, AL 35401-1215
      View Details
    • Value Estimation by Request
      1,980 SF

      609 Greensboro Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,980 SF
      609 Greensboro Ave, Tuscaloosa, AL 35401-1761
      View Details
    • Value Estimation by Request
      1,008 SF

      1914 Ml King Jr Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,008 SF
      1914 Ml King Jr Blvd, Tuscaloosa, AL 35401-4134
      View Details
    • Value Estimation by Request
      1,284 SF

      416 Paul W Bryant E Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,284 SF
      416 Paul W Bryant E Dr, Tuscaloosa, AL 35401-2009
      View Details
    • Value Estimation by Request
      856 SF

      1117 27th Pl

      OFFICE/RESIDENTIAL (MIXED USE) • 856 SF
      1117 27th Pl, Tuscaloosa, AL 35401-6646
      View Details

    Similar Nearby for Sale

    • $3,695,000
      46,287 SF

      Downtown Tuscaloosa Mixed-Use Property

      Prime Tuscaloosa Office/Warehouse Opportunity
      912 29Th Ave, Tuscaloosa, AL 35401
      View Details
    • $3,750,000
      47,000 SF

      Tuscaloosa Mixed-Use Investment Opportunity

      Large mixed-use property near I-30/59.
      3516 Greensboro Ave, Tuscaloosa, AL 35401
      View Details
    • Contact for pricing
      1.28 Acres

      Prime Tuscaloosa Redevelopment Site

      1.28-acre corner lot, high traffic
      520 15Th St, Tuscaloosa, AL 35401
      View Details
    • $1,200,000
      4,630 SF

      Tuscaloosa Mixed-Use Investment Opportunity

      High-Yield, NNN-Leased Property in Tuscaloosa
      2711 Gary Fitts St, Tuscaloosa, AL 35401
      View Details
    • $3,695,000
      46,287 SF

      Downtown Tuscaloosa Office/Warehouse Complex

      Prime Location, 46,287 SF, Mixed-Use
      912 29Th Ave, Tuscaloosa, AL 35401
      View Details
    • $2,600,000
      24,000 SF

      Downtown Tuscaloosa Mixed-Use Gem

      Redevelopment Opportunity: 24,000 SF, 3 Buildings
      613 Greensboro Ave, Tuscaloosa, AL 35401
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      4,400 SF

      Tuscaloosa Retail Space For Lease

      Prime Retail Location, High Visibility
      3127 Martin Luther King Blvd, Tuscaloosa, AL 35401
      View Details
    • $4,000 /Mo
      2,328 SF

      Tuscaloosa Office Building For Lease

      Centrally located office building near university and downtown Tuscaloosa.
      515 Hargrove Rd E, Tuscaloosa, AL 35401
      View Details
    • New
      $1,472 /Mo
      1,472 SF

      Tuscaloosa Office Space For Lease

      Commercial office space featuring reception area, offices, kitchen, and bathrooms.
      3801 Ml Crk Ln, Tuscaloosa, AL 35401
      View Details
    • Contact for pricing
      40,000 SF

      Tuscaloosa Build-to-Suit Industrial

      40,000 SF Warehouse, Flexible Design
      0 Industrial Park Dr, Tuscaloosa, AL 35401
      View Details
    • Contact for pricing
      2,587 SF

      Retail Spaces at Riverfront Village

      Inline, vanilla shell retail spaces available for lease.
      2370 Jack Warner Pkwy, Tuscaloosa, AL 35401
      View Details
    • $5,420 /Mo
      1,344 SF

      Retail Space on High-Traffic Corner

      1,344 SF retail space at a signalized intersection.
      710 15Th St E, Tuscaloosa, AL 35401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    405 15th St
    Tuscaloosa, AL 35401-3552
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.