4930 Rice Mine NE Rd Tuscaloosa, AL 35406-3132
Entity Owned
Absentee Owner
Free & Clear
Estimated value (blended)
$195k
Range $176k – $215k (±10%)
Property ID
US03-0821963
Property summary
AI-generated overview
This 2,000 square foot Class "B" office space, located at 4930 Rice Mine Rd NE, Suite 103, Tuscaloosa, AL 35406, presents a unique leasing opportunity. Currently configured as a traditional office suite with a large reception area, four sizable offices, a spacious conference room, breakroom, and two ADA-compliant bathrooms, it also includes a dedicated file room. The property boasts five designated parking spaces with ample overflow parking available. Situated north of the river in a highly desirable area across from the Shops of Tuscaloosa, this single-tenant space is currently leased until July 31, 2026, with a three-year renewal option. The zoning is currently BN, but is projected to become GC in 2025, allowing for potential conversion to various retail uses. The lease is a gross lease, with the tenant responsible for utilities and interior repairs. Availability is subject to negotiation with the existing tenant. This property offers a blend of established office functionality and future retail adaptability in a prime Tuscaloosa location. The space is ideal for a business seeking a well-appointed office environment with convenient parking and excellent visibility.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
WOOD
Total area
5,882 SF
Lot
2.16 ac (94,090 SF)
Zoning code
BN
APN
21-09-31-1-001-017.000
UPID
US03-0821963
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
-
Insurance Agency
-
Insurance Agency
-
Building Supply Hardware & Home Improvement
-
Nursing Home
-
Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$871k
Blend (final)
Blend
$195k
Owner & transaction history
Zoning & alternative use
BN · Tuscaloosa, AL
Top alternative use upside
Warehouse, storage
$1.0M
+44.9%
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.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$195k
Value range
$176k – $215k
±10% around blend
Estimated value / SF
$33 / SF
Confidence
High
8 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
80
$176k
blend $195k
$215k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,882 SF
Lot area
2.16 ac
Year built
2006
Stories
1
APN
21-09-31-1-001-017.000
Assessed value
$186,260
Annual tax
$9,592
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$957k
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.0 mi away · 5,480 SF
5.0 mi away · 5,480 SF
5.1 mi away · 4,166 SF
5.2 mi away · 4,560 SF
5.4 mi away · 4,440 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$195k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 82 sales
$122
-73%
County 96 sales
$117
-72%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $33/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+45%
vs current-use indication
Office Building · current use
Commercial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$186k
Move the market yield to see immediate price impact.
Value / SF
$32
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
5.00%7.00%9.00%
$12k
$235k
$168k
$130k
$13k
$261k
$186k
$145k
$14k
$287k
$205k
$159k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$347k
5.0 mi · Aug 2025 · $63/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,592
Tax year 2023
Assessed value
$186,260
Assessed 2023
Previous assessed
$186,260
+0.0% YoY
Effective rate
5.15%
On assessed value
Assessed land
$32,400
Assessed improvement
$153,860
Land market value
$162,000
Improvement market value
$769,300
Total market value
$931,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
2
Bathrooms
1
Total area
5,882 SF
Lot
2.16 ac (94,090 SF)
Zoning code
BN
APN
21-09-31-1-001-017.000
UPID
US03-0821963
Jurisdiction
TUSCALOOSA
Zoning & alternative use
BN · Tuscaloosa, ALZoning BN · permitted uses
BN · Tuscaloosa, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
1
Lot
2.16 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
BN
Jurisdiction
Tuscaloosa, AL
Recorded code
BN
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BN 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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