Technical
Financial
Distress signals
Property profile

406 Gerrard Dr Florence, AL 35630

OFF-MARKET
Office buildings
Property ID
US03-1973204
750 SF 4.3 ac lot Built 1970
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Total area 750 SF
Lot 4.3 ac (187,308 SF)
Zoning code 2
APN 15-06-23-0-001-011-000
UPID US03-1973204

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office
  • Industrial Manufacturer Production Facility
  • Industrial Manufacturer Production Facility

Location

406 Gerrard Dr Florence, AL 35630-6326
Florence metro Census 11504 FLORENCE-MUSCLE SHOALS, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$930k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.02M

Owner & transaction history

since 2024
Last sale
$882,000
2 recorded transactions
2024
$900,000
2022
$882,000

Zoning & alternative use

2 · Florence, AL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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