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    Property profile & analytics

    8903 Hwy 20 Florence, AL 35633-2601

    • Office buildings
    • 600 SF
    • 17.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-0481036
    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

    • Office buildings

    Property Details for 8903 Hwy 20

    Year built
    2004
    Lot size
    17.40 lot acres
    Property size
    600 SF
    Zone code
    1
    Property type
    Office buildings
    APN
    14-06-23-0-000-014-000
    APU
    1406230000014000

    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
    -87.7724
    Latitude
    34.8679
    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
    $26,279
    $14,680
    $0.00
    $14,680
    -
    $146,700
    $3,580,760
    $3,727,460

    Comparable in this City

    • Value Estimation by Request
      750 SF

      2929 Cloverdale Rd

      OFFICE BUILDING • 750 SF
      2929 Cloverdale Rd, Florence, AL 35633-1505
      View Details
    • Value Estimation
      $430,000
      2,155 SF

      405 Rasch Rd

      OFFICE BUILDING • 2,155 SF
      405 Rasch Rd, Florence, AL 35633-1233
      View Details
    • Value Estimation
      $375,000
      1,440 SF

      3770 Cloverdale Rd

      OFFICE BUILDING • 1,440 SF
      3770 Cloverdale Rd, Florence, AL 35633-1110
      View Details
    • Value Estimation by Request
      1,161 SF

      10380 Hwy 20

      OFFICE BUILDING • 1,161 SF
      10380 Hwy 20, Florence, AL 35633-2709
      View Details
    • Value Estimation by Request
      1,170 SF

      2929 Cloverdale Rd

      OFFICE BUILDING • 1,170 SF
      2929 Cloverdale Rd, Florence, AL 35633-1505
      View Details
    • Value Estimation
      $355,000
      675 SF

      3654 Cloverdale Rd

      OFFICE BUILDING • 675 SF
      3654 Cloverdale Rd, Florence, AL 35633-1304
      View Details

    Similar Nearby for Sale

    • $795,000
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      Prime Florence Commercial Land

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      Prime Florence Commercial Land

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    • $1,899,000
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      1505 Co Rd

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    • $54,900
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      Spacious Cloverdale Acreage Ready to Build

      2.42+ acre lot near Florence with utilities and perc-tested.
      263 Florence Blvd, Florence, AL 35633
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    • $54,900
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      Spacious Residential Lot Near Florence

      2.46 acre lot near Florence, utilities available, owner financing.
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    • $129,900
      12.00 Acres

      12 Acre Parcel in Cloverdale

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    8903 Hwy 20
    Florence, AL 35633-2601
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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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