108 Locust St Florence, AL 35630-5510
This exceptional 2,888 square foot office building, situated on a 0.25-acre lot at 108 Locust Street in the heart of Florence, Alabama, presents a rare opportunity for discerning businesses. The property boasts a prime downtown location, offering excellent visibility and accessibility. Recently updated, the building features a brand new HVAC system, ensuring year-round comfort and energy efficiency. All windows and wiring have also been completely replaced, providing a modern and functional workspace. The expansive interior is ideally suited for a variety of professional uses, including law firms, medical practices, accounting firms, or any business requiring ample space. The layout is versatile and can be easily adapted to meet specific needs. This is a turn-key opportunity to establish or relocate your business in a thriving downtown area. The building's excellent condition and desirable location make it an exceptional investment. Don't miss this chance to secure a prominent presence in the vibrant Florence business community. The asking price is $219,900. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
2 · Florence, ALFlorence. Always verify with local authorities before improvements.
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.