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    3 Glory Way Florence, AL 35633

    For Sale
    $350,000

    1.29-acre commercial lot in prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.29-acre commercial lot, identified as Lot 3 Glory Way, presents a remarkable opportunity for investors and developers. Situated within the thriving Crosspoint Development in Florence, Alabama, this property offers unparalleled potential for a wide range of commercial ventures. The lot's strategic location provides excellent visibility and accessibility, ensuring high traffic and exposure for any future development. With a convenient address at Lot 3 Glory Way, Florence, AL 35633, this property is ideally positioned to capitalize on the area's robust economic growth and expanding commercial landscape. The asking price for this exceptional parcel is $350,000. The property is classified as Special Purpose Land and is zoned for commercial use. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a significant commercial lot in a highly desirable location, offering substantial potential for return on investment. Don't miss out on this chance to secure a prime piece of real estate in the heart of Florence's burgeoning commercial sector. Contact us today to learn more and schedule a site visit. The property is located in Lauderdale County and boasts a latitude of 34.8354489 and a longitude of -87.6997318.

    Property Features for 3 Glory Way

    General Information

    Property type
    Land
    Lot Size
    56,192 SF

    HighLights

    • 1.29‑acre commercial lot in Florence, Alabama's Crosspoint Development, priced at $350,000.
    • Excellent visibility and accessibility due to strategic location.
    • Lot 3, Glory Way, Florence, AL 35633; zoned for commercial use.
    • Special Purpose Land designation.
    • Located in Lauderdale County (34.8354489, -87.6997318).
    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 - 1.29-acre commercial lot in prime location.
    Where is this land located?
    The property is located at 3 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: 1.29-acre commercial lot in Florence, Alabama's Crosspoint Development, priced at $350,000.; Excellent visibility and accessibility due to strategic location.; Lot 3, Glory Way, Florence, AL 35633; zoned for commercial use.
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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
    3 Glory Way Florence, AL 35633
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