5 Glory Way Florence, AL 35633
This exceptional 1.55-acre commercial lot, identified as Lot 5 Glory Way, presents a remarkable investment opportunity within the thriving Crosspoint Development in Florence, Alabama. Located in Lauderdale County, this property, zoned for commercial use, offers significant potential for a variety of businesses. The address is Lot 5 Glory Way, Florence, AL 35633, with GPS coordinates at 34.8354489 latitude and -87.6997318 longitude. The asking price for this expansive parcel is $420,000. Given its size and location within a developing commercial area, this lot is ideally suited for entrepreneurs seeking to establish a new business or for investors looking to capitalize on the growth potential of Crosspoint Development. The property is designated as "Special Purpose" land, suggesting a range of possible uses subject to local zoning regulations. This presents a unique chance to acquire a substantial piece of land in a rapidly growing area of Florence, Alabama. Serious inquiries are encouraged to explore the possibilities this property offers. The absence of existing structures allows for complete design flexibility, tailoring the development to specific business needs. This prime location offers excellent visibility and accessibility, making it an attractive proposition for a wide range of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.