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Property profile & analytics
OFF-MARKET
Turn key restaurants

909 Florence Blvd Florence, AL 35630-3730

2,224 SF 1.46 ac lot Built 1970
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US03-0471208
Property summary
AI-generated overview

This exceptional 2,359 square foot commercial property, situated on a 1.46-acre lot at 909 Florence Blvd in Florence, Alabama, presents a compelling investment opportunity. Previously a fast-food restaurant, the building enjoys a prime location directly off a highway exit, ensuring high visibility and easy accessibility. Recent renovations have significantly enhanced the property, including a new TPO roof, new tile flooring, two completely remodeled bathrooms, and a modernized HVAC system with updated ductwork. The interior boasts fresh sheetrock, new molding, updated ceiling tiles, and energy-efficient LED lighting throughout. Adding to the property's income stream is a leased billboard generating $2,000 annually. The expansive lot offers over 340 feet of frontage on Florence Blvd, extending all the way to the highway. The property's strategic location and significant recent improvements make it ideal for a variety of uses. Development potential exists for expansion, with possibilities including a gas station, medical facility, or strip center. The asking price of $825,000 reflects the current state of the ongoing renovations

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Total area 2,224 SF
Lot 1.46 ac (63,598 SF)
Zoning code 2
APN 24-01-11-1-002-007-000
UPID US03-0471208
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
  • The Donut Shoppe Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lions Smoke Shop & Acc LLC · 1 yrs held
Lions Smoke Shop & Acc LLC
since 2024
2 recorded transactions
2024
Price N/A
2024
Price N/A
Zoning & alternative use
2 · Florence, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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