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  5. ›RFP - For the Sale 2205 13th Street

City of Tuscaloosa Office of the City Attorney·Alabama

RFP - For the Sale 2205 13th Street

Closes 5/20/2026$200k – $1MRequest for Proposal
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Description

The City of Tuscaloosa is offering a downtown parcel (2205 13th Street) for sale to a qualified developer. The city will convey the property via a statutory warranty deed, cover title binder and insurance, and expects the buyer to submit a purchase offer together with a retail‑focused development concept that meets engineering flood‑runoff constraints. Evaluation will consider price, design vision, compliance with DP zoning, and potential tax‑revenue generation. • Property: 0.44‑acre lot, DP (Downtown Perimeter) zoning, not in FEMA flood zone but must mitigate runoff. • Financials: City’s total investment $466,655; offers at or above this amount receive additional consideration. Buyer bears all closing, survey, permitting, and construction costs. • Submission: Two hard‑copy copies + searchable PDF on USB, sealed and delivered to the Office of the City Attorney by May 20 2026 5 PM. No electronic submissions accepted. • Evaluation criteria: Purchase price, retail‑only development vision, engineering statement on runoff/flood‑proofing, architectural merit, zoning compliance, and corporate qualifications. • Post‑award: Up to 45 days exclusive due‑diligence period, followed by a 45‑day window to close the sales contract.

Attached files

Contact

Scott Holmes(City Attorney)

(205) 248-5140

Key dates

Opened
4/6/2026
Closes
5/20/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531210
Solicitation №
OCA‑26‑0286

Budget estimate

$200,000 – $1,000,000

Because the city’s sale price is $466,655, the buyer’s upfront cost will be at least that amount. Profit potential depends on the successful retail development, which could generate net operating income of $200k–$1M over the first few years after construction and leasing. Thus, a reasonable earnings estimate for the developer ranges from $200,000 on a modest project to $1,000,000 on a larger, high‑traffic retail scheme.

AI estimate from the solicitation

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