Property profile

109 Ct St Florence, AL 35630

OFF-MARKET
Office buildings
Property ID
US03-2018226
2,768 SF 0.03 ac lot Built 1900
Individually Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

An updated office building of approximately 7,962 square feet located in downtown Florence. The structure includes upstairs office space and a large conference room designed with a garage-style door that can be raised to provide sight lines toward Court Street. The building has building systems and components including a newly installed HVAC system, a replaced roof (Duralast) with a commercial warranty, new water piping, and a replaced water heater, and it contains an elevator shaft.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Total area 2,768 SF
Lot 0.03 ac (1,486 SF)
APN 24-06-14-2-006-007-001
UPID US03-2018226

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Eye Care Center Optometrist
  • Construction Company General Contractor
  • Physician
  • Physician
  • Physician

Location

109 Ct St Florence, AL 35630-4764
Florence metro Census 10100 FLORENCE-MUSCLE SHOALS, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2018
2 recorded transactions
2018
$408,000
2016
$289,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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