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    Property profile & analytics

    2841 Florence Blvd Florence, AL 35630-9555

    • Turn key restaurants
    • 1,097 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-0037086
    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

    • Sonic Drive-In / Fast Food Restaurant

    Property Details for 2841 Florence Blvd

    Year built
    2001
    Lot size
    0.86 lot acres
    Property size
    1,097 SF
    Zone code
    2
    Property type
    Turn key restaurants
    APN
    16-09-31-4-001-034-014
    APU
    1609314001034014

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Lauderdale
    State
    Alabama
    Longitude
    -87.6246
    Latitude
    34.8313
    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
    $7,671
    $94,400
    $0.00
    $94,400
    -
    $472,000
    $310,820
    $782,820

    Comparable in this City

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      1001 Mitchell Blvd

      RESTAURANT • 10,298 SF
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      $225,000
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      401 Tombigbee St

      RESTAURANT • 2,320 SF
      401 Tombigbee St, Florence, AL 35630-4716
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      $345,000
      5,352 SF

      302 Ct St

      RESTAURANT • 5,352 SF
      302 Ct St, Florence, AL 35630-4738
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    • Value Estimation by Request
      2,459 SF

      1201 Florence Blvd

      RESTAURANT • 2,459 SF
      1201 Florence Blvd, Florence, AL 35630-2724
      View Details
    • Value Estimation by Request
      2,790 SF

      503 Ct St

      RESTAURANT • 2,790 SF
      503 Ct St, Florence, AL 35630-5601
      View Details

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    Similar Nearby for Lease

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      3,000 SF

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      Retail space available in Florence, Alabama near major intersection.
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    Property Visit Statistics

    • Visits by month
      6.9k
    • Visitors by month
      7.8k
    • Avg Time on site
      14 min
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    2841 Florence Blvd
    Florence, AL 35630-9555
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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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