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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Investment properties
265 Cox Crk S Pkwy Florence, AL 35630-2913
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US03-1979503
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2004
Construction
MIXED
Total area
8,000 SF
Lot
1.09 ac (47,480 SF)
Zoning code
2
APN
23-03-06-1-003-001-000
UPID
US03-1979503
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$645k
Owner & transaction history
Jar Properties LLC · 4 yrs held
Jar Properties LLC
since 2021
Last sale
$675,000
6 recorded transactions
Zoning & alternative use
2 · Florence, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$865,000
+13.3%
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
$635,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$765,000
Current use
APARTMENT HOUSE (5+ UNITS)
$865,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $675k (Dec 10 2021)
Last sale anchor
$675k
Dec 10 2021
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
$81 / 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
$8,153
Tax year 2023
Assessed value
$45,420
Assessed 2023
Previous assessed
$166,380
-72.7% YoY
Effective rate
17.95%
On assessed value
Assessed land
$45,420
Land market value
$227,100
Improvement market value
$604,820
Total market value
$831,920
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
2004
Construction
MIXED
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
4
Bathrooms
3
Total area
8,000 SF
Lot
1.09 ac (47,480 SF)
Zoning code
2
APN
23-03-06-1-003-001-000
UPID
US03-1979503
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$765,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$865,000
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
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
2004
Construction
MIXED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
3
Lot
1.09 ac
Current owner
From public records · entity-resolved
Jar Properties LLC
Entity
Mailing address
PO BOX 1301, FLORENCE, AL 35631-1301
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2024
—
Jar Properties LLC
—
Deed
related
$375,000 · Listerhill Cu
May 18, 2022
—
Jar Properties LLC
—
Deed
related
$1,120,000 · Listerhill Cu
Dec 10, 2021
$675,000
Jar Properties LLC
Store Capital Acquisitions LLC
Warranty Deed
$700,000 · Listerhill Cu
Dec 29, 2017
—
Fisher-bell Enterprises LLC
Clement Realty INC
Warranty Deed
—
May 29, 2014
$1,265,630
Store Capital Acquisitions LLC
Aarons Jax Orlando LLC
Warranty Deed
—
Apr 4, 2007
—
Clement Realty INC
Robert E Hannah
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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