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    Property profile & analytics

    117 Renaissance St Florence, AL 35630-1207

    • Office buildings
    • 3,157 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $900,000
    Last Sale
    May 02, 2022
    $845,000
    Location Intelligence
    Property ID
    US03-2018586
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 117 Renaissance St

    Year built
    2015
    Lot size
    0.43 lot acres
    Property size
    3,157 SF
    Property type
    Office buildings
    APN
    15-07-25-0-001-015-013
    APU
    1507250001015013

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $980,000

    • CAP approach

      CAP return
      Estimation
      6%
      $980,000
      6.5%
      $815,000
      7%
      $960,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $800,000
      Geo Method
      $845,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $790,000
      Retail
      $695,000
      Mixed-Use
      $700,000
      Hospitality
      $795,000
      Educational
      $695,000
      Residential Income
      $755,000
      Energy
      $945,000
      Income-Based Land
      $860,000
      Food Service
      $860,000

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Lauderdale
    State
    Alabama
    Longitude
    -87.6468
    Latitude
    34.845
    CBSA code
    22520
    CBSA name
    FLORENCE-MUSCLE SHOALS, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,998
    $25,280
    $0.00
    $25,280
    -
    $126,400
    $689,660
    $816,060

    Comparable in this City

    • Value Estimation by Request
      1,271 SF

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      1,038 SF

      Huntsville Rd

      OFFICE BUILDING • 1,038 SF
      Huntsville Rd, Florence, AL 35630
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    • Value Estimation by Request
      2,000 SF

      3114 Kendall Dr

      OFFICE BUILDING • 2,000 SF
      3114 Kendall Dr, Florence, AL 35630-6365
      View Details
    • Value Estimation by Request
      408 SF

      1609 Mockingbird Ct

      OFFICE BUILDING • 408 SF
      1609 Mockingbird Ct, Florence, AL 35630-7510
      View Details
    • Value Estimation by Request
      14,750 SF

      205 Walnut St

      OFFICE BUILDING • 14,750 SF
      205 Walnut St, Florence, AL 35630-5721
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    • Value Estimation by Request
      1,967 SF

      305 Ct St

      OFFICE BUILDING • 1,967 SF
      305 Ct St, Florence, AL 35630-4774
      View Details

    Similar Nearby for Sale

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      Updated Office Space in Florence

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      High-visibility commercial building with ample parking and updated facilities.
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      Downtown Florence Commercial Building For Sale

      Commercial building in downtown Florence, Alabama, with investment potential.
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      Florence Office Space For Sale

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    Similar Nearby for Lease

    • $2,000 /Mo
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      Downtown Florence Office Space Available

      Office space for lease in downtown Florence near Court Street.
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      Office space for lease in downtown Florence, Alabama.
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    • Contact for pricing
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      Well-maintained office spaces with shared amenities and utilities included.
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      2,400 SF

      Retail Space on Cox Creek

      Retail space available on the main retail corridor.
      352-356 Cox Creek Pkwy, Florence, AL 35630
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    • Contact for pricing
      11,060 SF

      Former Walgreens Retail Space Available

      11,060 SF former Walgreens building with drive-thru for lease.
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    • Contact for pricing
      2,800 SF

      Downtown Florence Retail Space Available

      2,800 SF retail space in revitalizing downtown Florence.
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      View Details
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    117 Renaissance St
    Florence, AL 35630-1207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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