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    OFF-MARKET
    Land

    0 Florence Blvd, Florence, AL 35630

    3.33 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.33-acre commercial land parcel presents a remarkable investment opportunity in Florence, Alabama. Strategically located on Florence Boulevard, between Garner Pierce Autos and Appleby's restaurant, this property boasts excellent visibility and accessibility. The B-2 zoning allows for a variety of uses, including retail, office, hospitality, and medical facilities. Two convenient access points exist, one on Florence Boulevard and another on Hough Road. The property's prime location benefits from high traffic volume, with an estimated 22,000-23,000 vehicles passing daily, according to ALDOT's 2023 traffic count. The site is situated within the city limits of Florence, AL, and is offered as a fee simple ownership. The property's APN is 24-01-01-1-001-023.005 and Part of 24-01-01-1-001-023.001. This is a rare opportunity to acquire a sizable, well-located commercial lot with significant development potential. The asking price is $585,000.

    Property profile
    Verified
    Property type Land
    Lot 3.33 ac (145,055 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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