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    Property profile & analytics

    241 Hillsboro Cir Florence, AL 35630-6201

    • Garden apartment buildings
    • 1,527 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Last Sale
    Aug 23, 2023
    $182,000
    Location Intelligence
    Property ID
    US03-0206016
    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

    • Garden apartment buildings

    Property Details for 241 Hillsboro Cir

    Year built
    1986
    Lot size
    0.16 lot acres
    Property size
    1,527 SF
    Property type
    Garden apartment buildings
    APN
    15-07-25-3-001-058-000
    APU
    1507253001058000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $190,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $265,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $260,000
      Retail
      $240,000
      Mixed-Use
      $300,000
      Hospitality
      $255,000
      Educational
      $250,000
      Residential Income
      $245,000
      Energy
      $295,000
      Income-Based Land
      $250,000
      Food Service
      $290,000

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Lauderdale
    State
    Alabama
    Longitude
    -87.6556
    Latitude
    34.8486
    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
    $1,710
    $3,640
    $0.00
    $3,640
    -
    $18,200
    $156,340
    $174,540

    Comparable in this City

    • Value Estimation by Request
      1,485 SF

      201 William Ct

      GARDEN APT, COURT APT (5+ UNITS) • 1,485 SF
      201 William Ct, Florence, AL 35630-1437
      View Details
    • Value Estimation by Request
      1,769 SF

      249 Hillsboro Cir

      GARDEN APT, COURT APT (5+ UNITS) • 1,769 SF
      249 Hillsboro Cir, Florence, AL 35630-6201
      View Details
    • Value Estimation by Request
      1,797 SF

      213 Wesley Ct

      GARDEN APT, COURT APT (5+ UNITS) • 1,797 SF
      213 Wesley Ct, Florence, AL 35630-1486
      View Details
    • Value Estimation
      $120,000
      1,388 SF

      267 Woodcastle Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1,388 SF
      267 Woodcastle Dr, Florence, AL 35630-6203
      View Details
    • Value Estimation by Request
      1,906 SF

      227 Westmeade Ct

      GARDEN APT, COURT APT (5+ UNITS) • 1,906 SF
      227 Westmeade Ct, Florence, AL 35630-6703
      View Details
    • Value Estimation by Request
      1,604 SF

      214 Westmeade Cir

      GARDEN APT, COURT APT (5+ UNITS) • 1,604 SF
      214 Westmeade Cir, Florence, AL 35630-6700
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      25,764 SF

      Mixed-Use Development in Florence, AL

      Mixed-use development with retail, restaurant, multifamily, and single-family homes.
      205 South Marengo St, Florence, AL 35630
      View Details
    • Contact for pricing
      3,000 SF

      Florence Blvd Retail Space

      High-traffic retail space in Florence, AL.
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      View Details
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      Retail space available in Florence, Alabama near major intersection.
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      View Details
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      Downtown Florence Retail Space Available

      2,800 SF retail space in revitalizing downtown Florence.
      117 S Cherry St, Florence, AL 35630
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space on Cox Creek

      Retail space available on the main retail corridor.
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    • $2,000 /Mo
      1,540 SF

      Downtown Florence Office Space Available

      Office space for lease in downtown Florence near Court Street.
      405 Tennessee St, Florence, AL 35630
      View Details
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    241 Hillsboro Cir
    Florence, AL 35630-6201
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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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