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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Banks
2461 Helton Dr Florence, AL 35630-1067
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0657422
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1998
Total area
4,364 SF
Lot
1.4 ac (60,984 SF)
Zoning code
2
APN
15-07-35-2-002-016-003
UPID
US03-0657422
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
-
Singing River Dentistry formerly William McClanahan DMD Dental Office
-
Daniel Almon, DMD Dental Office
-
Singing River Dentistry Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$840k
Owner & transaction history
P & G Real Estate Holdings LLC · 2 yrs held
P & G Real Estate Holdings LLC
since 2023
Last sale
$830,000
4 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
$640,000
+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
$865,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$625,000
Current use
OFFICE BUILDING
$640,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $830k (Oct 30 2023)
Last sale anchor
$830k
Oct 30 2023
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
$192 / 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
$10,137
Tax year 2023
Assessed value
$12,500
Assessed 2023
Previous assessed
$12,500
+0.0% YoY
Effective rate
81.10%
On assessed value
Assessed land
$12,500
Land market value
$62,500
Improvement market value
$971,880
Total market value
$1,034,380
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
1998
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
14
Bathrooms
4
Total area
4,364 SF
Lot
1.4 ac (60,984 SF)
Zoning code
2
APN
15-07-35-2-002-016-003
UPID
US03-0657422
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
$625,000
OFFICE BUILDING
Est. value
$640,000
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
1998
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
14
Bathrooms
4
Lot
1.4 ac
Current owner
From public records · entity-resolved
P & G Real Estate Holdings LLC
Entity
Free & Clear · 2 yrs held
Mailing address
110 E 5TH ST, TUSCUMBIA, AL 35674-2410
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2025
—
P&g Real Edtate Holding LLC
—
Deed
related
$47,000 · First Metro Bank
Oct 30, 2023
$830,000
P & G Real Estate Holdings LLC
Gardiner Properties LLC
Warranty Deed
—
Apr 10, 2023
$830,000
Gardiner Properties LLC
Sarah Alyse Chambers
Personal Representative Deed
$550,000 · William Mcclanahan
Apr 6, 2020
—
William A Mcclanahan
—
Deed
related
$200,000 · 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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