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Property profile & analytics
OFF-MARKET
Estimated value
$12,750,000
Investment properties
248 Cox Crk Pkwy Florence, AL 35630-1571
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-2045826
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2006
Construction
MIXED
Total area
16,939 SF
Lot
6.7 ac (291,852 SF)
Zoning code
2
APN
16-09-31-4-001-045-000
UPID
US03-2045826
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
-
Electric Vehicle Charging Station Electric Vehicle Charging Station
-
Nissan of Florence Service & Parts Auto Repair Shop
-
Nissan of Florence Car Dealership
-
Nissan Auto Parts Auto Parts Store
-
Nissan Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.75M
Owner & transaction history
Cars Eat LLC · 1 yrs held
Cars Eat LLC
since 2024
Last sale
$12.8M
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
Method
Estimation
Statistic approach
$12,750,000
ML approach
$12,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.75M
Range $11.48M – $14.03M · ±10% · vs last sale $12.75M (Sep 20 2024)
Last sale anchor
$12.75M
Sep 20 2024
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
$753 / 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
$70,189
Tax year 2023
Assessed value
$365,300
Assessed 2023
Previous assessed
$365,300
+0.0% YoY
Effective rate
19.21%
On assessed value
Assessed land
$365,300
Land market value
$1,826,500
Improvement market value
$5,335,660
Total market value
$7,162,160
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2006
Construction
MIXED
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Rooms
8
Bathrooms
4
Total area
16,939 SF
Lot
6.7 ac (291,852 SF)
Zoning code
2
APN
16-09-31-4-001-045-000
UPID
US03-2045826
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
2006
Construction
MIXED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
8
Bathrooms
4
Lot
6.7 ac
Current owner
From public records · entity-resolved
Cars Eat LLC
Entity
Free & Clear · 1 yrs held
Mailing address
8484 WESTPARK DR STE #200, MCLEAN, VA 22102-3588
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Sep 20, 2024
$12,750,000
Cars Eat LLC
Zt Automotive Of Florence Realty Ll
Warranty Deed
—
May 16, 2024
$11,362,500
Zt Automotive Of Florence Realty Ll
Florence Land LLC
Warranty Deed
$15,300 · Enterprise Bank & Trust
Sep 23, 2015
$7,052,500
Florence Land LLC
Damson Properties LLC
Warranty Deed
—
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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