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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Banks
2247 Helton Dr Florence, AL 35630-1035
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0877362
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1978
Total area
5,835 SF
Lot
0.83 ac (36,155 SF)
Zoning code
2
APN
15-07-35-3-002-004-000
UPID
US03-0877362
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
-
Signature Smile Dental Office
-
Florence Dental Office
-
Barnett Laurentis DDS Dental Office
-
Tipper Misty Dental Office
-
Martin Kristie Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$593k
Blend (final)
Blend
$625k
Owner & transaction history
Mcleary & Almon Dental Associates L · 1 yrs held
Mcleary & Almon Dental Associates L
since 2025
3 recorded transactions
Zoning & alternative use
2 · Florence, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Office building
$855,000
+2.3%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$835,000
Current use
OFFICE BUILDING
$855,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$107 / SF
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
$10,367
Tax year 2023
Assessed value
$27,400
Assessed 2023
Previous assessed
$27,400
+0.0% YoY
Effective rate
37.84%
On assessed value
Assessed land
$27,400
Land market value
$137,000
Improvement market value
$920,880
Total market value
$1,057,880
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1978
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
18
Bathrooms
5
Total area
5,835 SF
Lot
0.83 ac (36,155 SF)
Zoning code
2
APN
15-07-35-3-002-004-000
UPID
US03-0877362
Jurisdiction
LAUDERDALE
Zoning & alternative use
2 · Florence, ALZoning 2 · permitted uses
2 · Florence, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$835,000
OFFICE BUILDING
Est. value
$855,000
FINANCIAL BUILDING Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
18
Bathrooms
5
Lot
0.83 ac
Current owner
From public records · entity-resolved
Mcleary & Almon Dental Associates L
Entity
Mailing address
410 S PNE ST, FLORENCE, AL 35630-6131
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
May 12, 2025
—
Mcleary & Almon Dental Associates L
Mcleary Dental Associates LLC
Warranty Deed
$977,500 · First Bank
Jan 11, 2022
—
Mcleary Dental Associates LLC
—
Deed
related
$725,000 · Firstbank NA
Jun 21, 2021
$750,000
Mcleary Dental Associates LLC
Larry Don Wilson
Warranty Deed
$763,838 · Bank Independent
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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