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    2 Glory Way Florence, AL 35633

    For Sale
    $350,000

    Build Your Dream Business in Alabama

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 350,000 dollar commercial land opportunity is located in the thriving Crosspoint Development in Florence, Alabama. Specifically identified as Lot 2 Glory Way, this property presents a unique chance for businesses seeking a strategic location in Lauderdale County. The lot is designated as "Special Purpose" land, offering versatility for a wide range of commercial ventures. With its prime location within the Crosspoint Development, this parcel benefits from excellent visibility and accessibility, making it an ideal site for businesses seeking high traffic exposure. The address is Lot 2 Glory Way, Florence, AL 35633, conveniently situated at latitude 34.8354489 and longitude -87.6997318. The property is currently listed at $350,000 and presents a blank canvas for ambitious entrepreneurs and developers. Given its classification as "Commercial, Other," the possibilities are numerous, allowing for creative and innovative business plans. This is a rare opportunity to acquire a well-situated commercial lot in a growing Alabama market. The absence of existing units on the property provides complete design freedom, allowing for a build-to-suit project tailored to specific business needs. Don't miss this chance to secure a prominent location in the vibrant Crosspoint Development.

    Property Features for 2 Glory Way

    General Information

    Property type
    Land

    HighLights

    • $350,000 commercial lot in Florence, AL's Crosspoint Development.
    • Lot 2, Glory Way, Lauderdale County, AL.
    • Designated "Special Purpose" land, offering versatility for various commercial uses.
    • Excellent visibility and accessibility within Crosspoint Development, ensuring high traffic exposure.
    • Address: Lot 2 Glory Way, Florence, AL 35633 (34.8354489, -87.6997318).
    • Build‑to‑suit opportunity with no existing structures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Pharmacy Department Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Lauderdale
    State
    Alabama
    Longitude
    -87.6997318
    Latitude
    34.8354489

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    FAQs

    What type of property is this?
    Land - Build Your Dream Business in Alabama
    Where is this land located?
    The property is located at 2 Glory Way Florence, AL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 commercial lot in Florence, AL's Crosspoint Development.; Lot 2, Glory Way, Lauderdale County, AL.; Designated "Special Purpose" land, offering versatility for various commercial uses.
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    2 Glory Way Florence, AL 35633
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