Description
Investment property. Zoned Downtown District. Estimated first year bonus depreciation (not intended for reliance and subject to buyers advice from its own tax professionals) is $240,000. Tenant is South Oak Title, a regional credit tenant with offices in multiple SE states. Five year lease commenced 8/23/24, with one five-year renewal option. NNN. Annual rent increases, with $5,500 per month starting 9/1/25. IRR almost 8% with realistic disposition sales price at end of Year 5 and 5% sales costs. Contact listing agent for NDA, lease synopsis and relevant zoning ordinances. Full lease available for review with signed contract. Do not contact tenant.
Property Highlights
Property Type: Commercial - Business
Lot Size: 0.18 Acres
Taxes: $3,470
Year Built: 1887
General Information
County: Tuscaloosa
Listed By:
Denise Evans
Butler Evans Real Estate, Inc.
(205) 310-3799
MLS ID: 164861
Property Features
Days on Site: 575
Lot Dimensions: 60x132
Parcel#: 63-31-05-22-3-002-002.000
Security: Security System
Security: yes
Units: 1
Get in Touch
Contact an agent to learn more about
2711 Gary Fitts Street, Tuscaloosa, AL 35401.
About this area
About Tuscaloosa
Tuscaloosa, AL is a dynamic and welcoming city with a strong sense of community. Its diverse real estate market, excellent educational institutions, thriving job market, and numerous recreational and cultural opportunities make it an appealing place to live. Whether you're exploring its historical sites, cheering on the Crimson Tide, or enjoying outdoor activities, Tuscaloosa offers a balanced and vibrant lifestyle for its residents.
Learn More About Living in Tuscaloosa, Alabama
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/19/2026. The listing information on this page last changed on 04/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 04/19/2026 12:52:10 AM EST) or Tuscaloosa MLS (last updated Sat 04/18/2026 11:34:11 PM EST). Real estate listings held by brokerage firms other than Hamner Real Estate, LLC may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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