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    4179 Rice Mine NE Rd Tuscaloosa, AL 35406-1527
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    Property profile & analytics

    4179 Rice Mine NE Rd, Tuscaloosa, AL 35406-1527

    View on Map
    • Warehouses
    • 75,000 SF
    • 2.97 lot acres
    Off-Market
    Last Sale Jan 31, 2022
    $9,000,000
    Property ID
    US03-0441349
    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.
    Value Estimations
    $8,270,000
    Show details
    Cap Rate Potential
    5.6%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • U-Haul Neighborhood Dealer / Car Rental Facility
    • Blue Sky Self Storage / Storage Facility
    • All-American Self Storage / Storage Facility

    Property Details for 4179 Rice Mine NE Rd

    Year built
    2008
    Lot size
    2.97 lot acres
    Zone code
    BN
    Property type
    Warehouses
    APN
    21-09-31-4-003-010.000
    APU
    2109314003010000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 31, 2022 $3,333 Curtis Wyatt Charles Gary Holifield Quit Claim Deed · related —
    Nov 17, 2021 $9,000,000 Nsa Property Holdings LLC Eagle West LLC Limited Warranty Deed —
    Nov 12, 2021 $1,000,000 Eagle West LLC All American Self Storage North Riv Warranty Deed —
    Nov 12, 2021 $5,000,000 Edwin L Minges All American Self Storage North Riv Warranty Deed —
    Mar 28, 2008 $4,246,340 All American Self Storage Nort Rice Mine Self Storage LLC Deed $4.2M · Bryant Bank
    Aug 27, 2007 $3,300,000 Rice Mine Self Storage LLC George Etal Emfinger Deed —
    Aug 21, 2007 $14,000 George Emfinger Brandon E Emfinger Deed · related $3.3M · Rbc Bank USA
    Aug 21, 2007 $23,000 George Emfinger Jan H Emfinger Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $8,140,000
      ML approach
      $8,225,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $7,575,000
      6.5%
      $6,990,000
      7%
      $6,490,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,136,000
      Market price range: $4.71M - $24.6M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $13,290,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tuscaloosa
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.5128
    Latitude
    33.256
    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
    $25,453
    $59,400
    $434,840
    $494,240
    -
    $297,000
    $2,174,200
    $2,471,200

    Comparable in this City

    • Value Estimation
      $1,060,000
      20,000 SF

      Snows Ml Ave

      WAREHOUSE, STORAGE
      Snows Ml Ave, Tuscaloosa, AL 35406
      View Details
    • Value Estimation
      $2,400,000
      4,800 SF

      3208 Rice Mine NE Rd

      MINI-WAREHOUSE, STORAGE
      3208 Rice Mine NE Rd, Tuscaloosa, AL 35406-1510
      View Details
    • Value Estimation
      $740,000
      9,730 SF

      1301 Snows Ml Ave

      WAREHOUSE, STORAGE
      1301 Snows Ml Ave, Tuscaloosa, AL 35406-2017
      View Details
    • Value Estimation
      $4,220,000
      59,790 SF

      1731 Cmns N Loop

      WAREHOUSE, STORAGE
      1731 Cmns N Loop, Tuscaloosa, AL 35406-3577
      View Details
    • Value Estimation
      $2,280,000
      12,000 SF

      3208 Rice Mine NE Rd

      MINI-WAREHOUSE, STORAGE
      3208 Rice Mine NE Rd, Tuscaloosa, AL 35406-1510
      View Details
    • Value Estimation
      $2,425,000
      12,500 SF

      3208 Rice Mine NE Rd

      MINI-WAREHOUSE, STORAGE
      3208 Rice Mine NE Rd, Tuscaloosa, AL 35406-1510
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale Tuscaloosa

      Land available for sale in Tuscaloosa, Alabama.
      1720 Lake Haven Cir, Tuscaloosa, AL 35406
      View Details
    • $549,900
      1.10 Acres

      Waterfront Lot in Gated Community

      1.10-acre waterfront lot in the Peninsula community.
      8151 Peninsula Dr, Tuscaloosa, AL 35406
      View Details
    • $550,000
      1.21 Acres

      Lakefront Property on Lake Tuscaloosa

      1.21 acre lakefront property on Lake Tuscaloosa.
      8201 Peninsula Dr, Tuscaloosa, AL 35406
      View Details
    • $69,900
      0.79 Acres

      Land For Sale Tuscaloosa

      Land available in Tuscaloosa, Alabama.
      9901 Lake Side Dr, Tuscaloosa, AL 35406
      View Details
    • $249,500
      Pending

      Residential Lot in Tuscaloosa

      Grand estate lot ready for construction in sought-after neighborhood.
      5313 Park Ave, Tuscaloosa, AL 35406
      View Details
    • $2,390,000
      6,000 SF

      Tuscaloosa Dental Office For Sale

      6,000 SF dental office on Rice Mine Road NE.
      221 Rice Mine Rd NE, Tuscaloosa, AL 35406
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      4,450 SF

      Retail Space in NorthRidge Center

      8,400 SF retail space for lease with high traffic.
      1825 N Mcfarland Blvd N, Tuscaloosa, AL 35406
      View Details
    • $6,500 /Mo
      6,500 SF

      Tuscaloosa Commercial Space For Rent

      6,500 SF commercial space in North Ridge Shopping Center.
      1825 N Mcfarland Blvd N, Tuscaloosa, AL 35406
      View Details
    • $20 SF/Yr
      4,450 SF

      Retail Space in NorthRidge Center

      12,000 +/- SF retail space for lease.
      1825/ Mcfarland Blvd, Tuscaloosa, AL 35406
      View Details
    • Contact for pricing

      Retail Building on Rice Mine Road

      Multi-tenant retail building with shared parking and building signage.
      3328 Rice Mine Rd NE, Tuscaloosa, AL 35406
      View Details
    • Contact for pricing

      Elegant Office Space in Tuscaloosa

      Sophisticated office space in a serene, convenient location.
      1460 Northbank Pkwy, Tuscaloosa, AL 35406
      View Details
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    Tuscaloosa, AL 35406-1527
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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