ARROW EXTERMINATORS - TUSCALOOSA

WALTER KELLEY

[email protected]

ARC REALTY4274 Cahaba Heights Ct.Birmingham, AL 35243

205.969.8910 | ArcCommercialRealEstate.com

OFFERING SUMMARY

Sale Price: $561,000

Cap Rate: 7.78%

NOI: $43,662

Year Built: 1966

Building Size: 6,277 SF

Zoning: BN - Neighborhood

Business

Price / SF: $89.37

LOCATION OVERVIEWThe 1714 and 1712 Greensboro site is improved with an office buildingmeasuring 3,927 sf and a warehouse measuring 2,349 sf constructed in1966. This building is presently occupied by Arrow Exterminators. Thesubject property is located at the corner of Greensboro Ave and 18thStreet across form the Piggly Wiggly grocery store.

The area of the Subject is considered prime being located west of theUniversity of Alabama, a few blocks south of the central downtownTuscaloosa area, two blocks south of 15th street a major east/westthoroughfare. Property values should continue to benefit from economicforces that presently are placing a premium on these area locations.

This irregular shaped parcel is 150’ on east side along Greensboro, 210’ onthe south side along 18th Street, x 100’ on the west side, running back 100’plus 10’ alleyway to corner of lot, then 50’ north along alley before running100’ to point of beginning. The total area of the site is approximately .61acres.

ARROW EXTERMINATORS - TUSCALOOSA1714 Greensboro Avenue, Tuscaloosa, AL 35401

WALTER KELLEY

[email protected]




WALTER KELLEY

[email protected]




WALTER KELLEY

[email protected]



POPULATION 1 MILE 3 MILES 5 MILES

Total Population 8,897 59,616 105,252

Average age 29.7 27.9 29.5

Average age (Male) 26.7 26.1 27.9

Average age (Female) 31.3 29.7 31.0

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 3,516 21,947 39,396

# of persons per HH 2.5 2.7 2.7

Average HH income $23,915 $36,294 $47,036

Average house value $61,678 $118,702 $196,326

* Demographic data derived from 2010 US Census


ARROW EXTERMINATORS - TUSCALOOSA

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ARROW EXTERMINATORS - TUSCALOOSA