1 Glory Way Florence, AL 35633
This exceptional 1.81-acre commercial lot presents a unique investment opportunity in the thriving Crosspoint Development in Florence, Alabama. Located at Lot 1 Glory Way, this property, designated as Special Purpose land, offers significant potential for a variety of commercial ventures. The asking price is $499,900. Situated in Lauderdale County, Alabama, with a zip code of 35633, this parcel boasts a prime location within a dynamic commercial area. Its size provides ample space for development, catering to businesses requiring substantial land area. The property's precise coordinates are latitude 34.8354489 and longitude -87.6997318, allowing for easy location verification and site planning. Given its classification as "Special Purpose" land, prospective buyers should conduct their own due diligence to determine the suitability of the land for their intended use, confirming all zoning regulations and development restrictions with the relevant authorities in Florence, Alabama. This is a rare opportunity to acquire a significant commercial lot in a rapidly growing area, offering substantial returns for the right development project. The property is ready for immediate development, presenting a blank canvas for a visionary entrepreneur or developer.
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.