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Property profile & analytics
OFF-MARKET
Turn key restaurants

261 Cox Crk Pkwy Florence, AL 35630-7504

3,232 SF 0.55 ac lot Built 2017
Entity Owned Absentee Owner Free & Clear
Property ID
US03-0618079
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of four net-leased restaurants totaling 24,412 square feet across 3.21 acres in the thriving Florence/Muscle Shoals MSA of Alabama. Strategically located along major retail corridors in Florence, Russellville, and Muscle Shoals, these properties benefit from excellent visibility and high traffic counts. The portfolio boasts 100% occupancy with diverse tenants in the fast food and casual dining sectors, all featuring rental increases and renewal options. The properties are situated in Lauderdale, Colbert, and Franklin counties, benefiting from a growing population base fueled by the University of North Alabama. The combined NOI is $740,892, resulting in a compelling 6.86% cap rate. The asking price for this portfolio is $10,796,000. Detailed sales data is available upon request. This is a rare opportunity to acquire a well-performing, diversified restaurant portfolio in a strong, growing market. Each property is individually situated in the largest city of its respective county, within a MSA of 155,175 residents, exhibiting consistent growth since 2010 at a rate of 3.3%. The portfolio offers a secure, passive income stream with significant upside potential.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2017
Total area 3,232 SF
Lot 0.55 ac (23,958 SF)
Zoning code 2
APN 16-09-31-3-002-002-000
UPID US03-0618079
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
  • Taziki's Mediterranean Cafe - Florence Restaurant
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
Lss Equity LLC
Lss Equity LLC
since 2025
Last sale
$2.2M
2 recorded transactions
2025
$2.2M
2017
$825,000
Zoning & alternative use
2 · Florence, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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