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Property profile & analytics
FOR SALE
Specialty properties
121 S Chestnut St Florence, AL 35630
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US03-0357515
For Sale
1 / 31
$399,900
121 S Chestnut St, Florence, AL 35630
View Listing →
Property summary
AI-generated overview
This exceptional 4,215 square foot commercial building, situated on a 0.38-acre lot at 121 Chestnut St in Florence, Alabama, presents a remarkable opportunity for businesses seeking a prominent location. The property boasts high visibility, ensuring maximum exposure to potential customers. Its versatile layout is ideal for a wide range of commercial uses. The interior features numerous rooms designed for optimal functionality, including dedicated office spaces, exam rooms, comfortable employee lounges, and a welcoming reception area. The building has been updated and is in excellent, move-in condition, eliminating the need for costly renovations. Ample parking is available, ensuring convenience for both employees and clients. This central location within the Shoals area provides unparalleled access to a thriving customer base. The asking price is $399,900. This is a rare chance to acquire a well-maintained, highly visible commercial property in a prime location
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1973
Total area
2,226 SF
Lot
0.38 ac (16,485 SF)
Zoning code
2
APN
24-01-11-3-005-003-000
UPID
US03-0357515
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dr. Brandon Fisher Veterinary Clinic
-
PROS General Contracting Inc General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
T Adam Brown · 4 yrs held
T Adam Brown
since 2021
Last sale
$200,000
3 recorded transactions
Zoning & alternative use
2 · Florence, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Florence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florence submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,522
Tax year 2023
Assessed value
$13,520
Assessed 2023
Previous assessed
$51,460
-73.7% YoY
Effective rate
18.65%
On assessed value
Assessed land
$13,520
Land market value
$67,600
Improvement market value
$189,700
Total market value
$257,300
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
For Sale
Year built
1973
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
10
Total area
2,226 SF
Lot
0.38 ac (16,485 SF)
Zoning code
2
APN
24-01-11-3-005-003-000
UPID
US03-0357515
Jurisdiction
LAUDERDALE
Zoning & alternative use
2 · Florence, AL
Zoning 2 · permitted uses
2 · Florence, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Florence. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
10
Lot
0.38 ac
Current owner
From public records · entity-resolved
T Adam Brown
Individual
Mailing address
114 HARVEST DR, FLORENCE, AL 35633-1355
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2021
$200,000
T Adam Brown
Brandon Michael Fisher
Warranty Deed
$170,000 · Progress Bank & Trust
Jan 8, 2020
—
Brandon Michael Fisher
—
Deed
related
$52,676 · Bank Independent
Dec 11, 2014
$250,000
Brandon Michael Fisher
Randall Smith Carter
Warranty Deed
$250,000 · Carter Randall Smith
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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