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Jim Myers Drug, Inc. 3325 University Blvd E 8,000 SF Retail Building Tuscaloosa, AL 35404 $890,766 CAD ($111.35 CAD/SF)
Executive Summary
Approximately 8,000 sq ft former pharmacy, now vacant and ready for its next use. This commercial building offers a true blank canvas for investors or business owners looking to expand or customize a space to fit their vision. Potential uses include retail, office, church, daycare, or other commercial opportunities (buyer to verify zoning). Featuring road frontage along University Boulevard and located just minutes from The University of Alabama, restaurants, and grocery stores. Contact listing agents for me detail.
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$131,559
|
$16.44
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$6,578
|
$0.82
|
| Effective Gross Income |
$124,981
|
$15.62
|
| Taxes |
$8,414
|
$1.05
|
| Operating Expenses |
$1,096
|
$0.14
|
| Total Expenses |
$9,511
|
$1.19
|
| Net Operating Income |
$115,471
|
$14.43
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $131,559 |
| Annual Per SF | $16.44 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $6,578 |
| Annual Per SF | $0.82 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $124,981 |
| Annual Per SF | $15.62 |
| Taxes (CAD) | |
|---|---|
| Annual | $8,414 |
| Annual Per SF | $1.05 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $1,096 |
| Annual Per SF | $0.14 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $9,511 |
| Annual Per SF | $1.19 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $115,471 |
| Annual Per SF | $14.43 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
B
Year Built
1994
Price
$890,766 CAD
Price Per SF
$111.35 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.77 AC
Zoning
BN - In Alabama, the BN zoning designation typically stands for Business, Neighborhood.
Parking
50 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
173’ on University Blvd
Amenities
- 24 Hour Access
- Signage
- Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-04-20-1-012-006.001 | Total Assessment | $229,322 CAD |
| Land Assessment | $18,051 CAD | Annual Taxes | $8,414 CAD ($1.05 CAD/SF) |
| Improvements Assessment | $211,271 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
30-04-20-1-012-006.001
Land Assessment
$18,051 CAD
Improvements Assessment
$211,271 CAD
Total Assessment
$229,322 CAD
Annual Taxes
$8,414 CAD ($1.05 CAD/SF)
Tax Year
2025
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Presented by
NextHome Legacy Group
Jim Myers Drug, Inc. | 3325 University Blvd E
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