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2523 University E blvd
Tuscaloosa, AL 35404

Tuscaloosa Commercial Opportunity on Univ Blv · Land For Sale · 0.48 AC

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Investment Highlights

Commercial Lot with High Traffic Count
168' on University Blvd.
Zoned MX-5

Opportunity Zone!
High Growth Area

Executive Summary

Commercial opportunity in Tuscaloosa on University Blvd. Not only is Tuscaloosa known as the home of the Crimson Tide, but also has a strong economy backed by tremendous growth and diverse demographics.
This parcel is situated on a .48 +/- acre vacant lot on University Blvd., only one mile from McFarland Blvd, providing easy and direct access to the interstate, hospital, campus, and all major retail and restaurant amenities within minutes.
Zoned MX-5 provides favorable zoning for an array of commercial opportunities. This lot also lies in the 'Opportunity Zone,' providing additional incentives for developers and investors!

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Industrial Retail Office Multifamily Shelter Storefront, Retail or Residential
No. Lots	1	Total Lot Size	0.48 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Industrial Retail Office Multifamily Shelter Storefront, Retail or Residential
Total Lot Size	0.48 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$399,000	Lot Size	0.48 AC
Price Per AC	$831,250

Price	$399,000
Price Per AC	$831,250
Lot Size	0.48 AC

0.48+/- Acres Located in Opportunity Zone

PROPERTY TAXES

Parcel Number	30-04-20-2-011-005.000	Improvements Assessment	$0
Land Assessment	$9,240	Total Assessment	$9,240

PROPERTY TAXES

Parcel Number

30-04-20-2-011-005.000

Land Assessment

$9,240

Improvements Assessment

Total Assessment

$9,240

zoning

Zoning Code	MX-5 (Intended to provide opportunities for a mix of higher intensity office, commercial, institutional, and residential uses.)
MX-5 (Intended to provide opportunities for a mix of higher intensity office, commercial, institutional, and residential uses.)

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Listing ID: 32907409
Date on Market: 8/21/2024
Last Updated:
Address: 2523 University E blvd, Tuscaloosa, AL 35404

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