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    3531 Florence Blvd Florence, AL 35634

    For Sale
    $725,000

    7-Acre Development Site, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 6.75-acre commercial land parcel in Lauderdale County, Alabama, presents a unique investment opportunity. Located at 3531 Florence Boulevard, this property boasts approximately 370 feet of frontage on a major access road, offering significant visibility and accessibility. The depth of the lot exceeds 900 feet, providing ample space for a variety of development projects. Situated directly across from the planned 10,000-seat Lauderdale County Agricultural Event Center and adjacent to Faith Church, this site benefits from high traffic volume. The average daily traffic count at the location is approximately 26,920 vehicles, with nearby counts exceeding 35,000. This prime location offers established access to US Highway 72. The property is outside, but adjacent to, the Florence city limits (zip code 35634) and has been available for sale for the first time in over 70 years. The asking price is $725,000. Please note that aerial photographs used in marketing materials provide a general perspective and may not precisely depict property boundaries.

    Property Features for 3531 Florence Blvd

    General Information

    Property type
    Land
    Lot Size
    304,920 SF

    HighLights

    • Prime 6.75‑acre development land in Lauderdale County, AL.
    • Located directly across from a planned 10,000‑seat event center.
    • Excellent access to US Highway 72, with high traffic counts exceeding 35,000 vehicles nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Lauderdale
    State
    Alabama
    Longitude
    -87.599989936036
    Latitude
    34.839097489552

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    FAQs

    What type of property is this?
    Land - 7-Acre Development Site, High Traffic
    Where is this land located?
    The property is located at 3531 Florence Blvd Florence, AL.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: Prime 6.75-acre development land in Lauderdale County, AL.; Located directly across from a planned 10,000-seat event center.; Excellent access to US Highway 72, with high traffic counts exceeding 35,000 vehicles nearby.
    (256) 766-0998
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    3531 Florence Blvd Florence, AL 35634
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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
    3531 Florence Blvd Florence, AL 35634
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