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    Flex Warehouse with Showroom & Upper Loft Title is generated by Realmo AI

    300 E Tennessee Street, Florence, AL 35630

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    Claim this Listing
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    For Sale
    $1,750,000

    COMMERCIAL - Florence, AL

    Property size:
    16,592 SF
    Lot size:
    0.40 Acres
    Price / SF:
    $105/SF
    Added:
    Jun 5, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 5 at 11:06 pm

    Property Features for 300 E Tennessee Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    3
    Rooms
    Bathroom 3, Bathroom 2, Bathroom 1
    Parking features
    Parking Lot
    Exterior features
    Curb/Gutters, Storage, Sidewalks
    Standard status
    Active
    APN
    2401113009028.000
    Size
    16,592 SF
    Lot size
    0.40 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    2
    Flooring type
    Wood, Carpet, Concrete
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Christopher Fowler

    Listing agent Christopher Fowler License #96474

    Listing office Crc Realty Inc 2134 Helton Dr., AL

    Listing date Jun 5, 2026

    MLS# 21920058

    Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approximately 16,000+ sqft commercial building on a highly visible corner lot with traffic count 12k+ vehicles per day
    • Features about 3,500 sqft of showroom space and about 4,500 sqft of warehouse space with two garage bays
    • Expansive upper level with more than 8,000 sqft of open space, including hardwood floors and natural wood columns
    • Central heating and central air; flooring includes wood, carpet, and concrete
    • Public water and public sewer
    • Parking lot with exterior features including curb/gutters, storage, and sidewalks

    Overview

    This property is a flex-style building totaling 16,000+ square feet on a visible corner lot. The layout includes approximately 3,500 square feet of showroom space, about 4,500 square feet of warehouse space, and an expansive upper level with more than 8,000 square feet of open space. The upper area is accented by hardwood floors and natural wood columns. The warehouse portion includes two garage bays, supporting straightforward loading and service access.

    Located at 300 E Tennessee Street in Florence, Alabama, the building benefits from high visibility on a corner site. The provided remarks note a 12,000+ vehicles per day traffic count. The property is also positioned directly across from a planned hotel and retail development.

    The combination of showroom, service-ready warehouse space, and a large open upper level can support a range of business uses that need public-facing space along with back-of-house storage or operations. For investors and owner-operators, the building’s distinct areas may offer flexibility for tenants or future configuration based on compatible needs within the same footprint.
    Property Profile Location Intelligence

    Current Use by Public Records

    McDaniel Window & Door ... Hardware & Home Improvement

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Law Firm Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Smile Beverage Company — 610 W College St, Florence, AL 35630
    • Moe's Southwest Grill — 1 Harrison Place, Florence, AL 35630

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Lauderdale
    State
    Alabama
    Longitude
    -87.672879
    Latitude
    34.801114

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    FAQs

    What type of property is this?
    Flex space - Corner-lot flex warehouse offering showroom space, warehouse with two garage bays, and a large upper open area.
    Where is this flex space located?
    The property is located at 300 E Tennessee Street Florence, AL.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Approximately 16,000+ sqft commercial building on a highly visible corner lot with traffic count 12k+ vehicles per day; Features about 3,500 sqft of showroom space and about 4,500 sqft of warehouse space with two garage bays; Expansive upper level with more than 8,000 sqft of open space, including hardwood floors and natural wood columns
    (256) 762-8871
    We can help!
    Listing Contact
    Christopher Fowler
    Real Estate License ID: 96474
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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