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  5. ›RFP - 3200 Greensboro Ave

City of Tuscaloosa OCA·Alabama

RFP - 3200 Greensboro Ave

Closes 8/3/2026$200k – $500kRequest for Proposal
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Description

The City of Tuscaloosa is offering a 3.54‑acre parcel at 3200 Greensboro Avenue for sale, seeking development proposals that focus on retail‑only commercial use to generate tax revenue. The purchaser must meet a minimum purchase price of $3.3 million, obtain required rezoning, and handle all development costs, while the City provides the statutory warranty deed and title insurance. Proposals are sealed, hard‑copy only, and become part of the public record. • Minimum purchase price: $3,300,000 (appraised value) • Required rezoning to General Commercial, Highway Commercial, or Industrial Light • Developer must demonstrate financial capacity and submit detailed purchase offer and corporate disclosures • Submission deadline: August 3 2026, 5 PM (hard‑copy, sealed) • No electronic submissions allowed; proposals become public record

Attached files

Contact

Scott Holmes(City Attorney)

(205) 248-5140

Key dates

Opened
6/17/2026
Closes
8/3/2026

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531390
Solicitation №
RFP - 3200 Greensboro

Budget estimate

$200,000 – $500,000

The City’s RFP does not specify a fee for the developer; earnings will stem from the profit margin on the $3.3 M land purchase plus subsequent retail development. Assuming a modest 6‑15 % profit on development costs (including construction, permitting, and soft costs), a developer could realistically earn between $200,000 and $500,000 after completing the project. This range accounts for variability in construction costs, market demand for retail space, and the developer’s ability to leverage the site efficiently.

AI estimate from the solicitation

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