RFP - 5th St and MLK

The City of Tuscaloosa is offering a vacant, city‑owned parcel (≈ 0.13 acre) at the corner of 5th Street and Martin Luther King Jr. Boulevard for sale “as‑is.” Interested parties must submit a development proposal that includes conceptual designs, compliance with MR‑1 mixed‑residential zoning, and a subdivision plan to dedicate a right‑of‑way along Martin Luther King Jr. Boulevard. The City will cover deed preparation and title insurance; all other costs—including subdivision, surveys, permitting, and construction—are the purchaser’s responsibility. Offers must meet or exceed the city‑appraised benchmark price of $26,000, and proposals become public record. The response deadline is June 29 2026, with a possible 45‑day due‑diligence period followed by a 45‑day closing window after contract execution. No vehicular access from the boulevard is permitted, and the City retains mineral rights. This opportunity is suited for developers or real‑estate entities capable of land acquisition, planning, and mixed‑use or residential development in Tuscaloosa, AL. • Sale of a 0.13‑acre parcel for a minimum of $26,000 (city‑appraised value). • Purchaser responsible for all development, subdivision, and permitting costs; City pays deed and title expenses only. • Required submission of a detailed development proposal that meets MR‑1 zoning and ROW dedication requirements.