623 Court StFlorence, AL 35630

  • Other commercial real estate
  • 1,500 SF
For Sale
$350,000 View listing

Property Details for 623 Court St

Year built
1940
Lot size
0.30 AC
Property size (Sq ft)
1,500 SF
Property type
Other commercial real estate
APN
24-06-14-2-004-020-000
APU
2406142004020000

Description

This exceptional 2,700 square foot commercial property, situated on a 0.3-acre lot at 623 Court Street in Florence, Alabama, presents a unique investment opportunity. Located in the heart of downtown Florence, this property enjoys high visibility and excellent accessibility. Its proximity to the Tennessee River and its position directly across from the newly erected Music Statue ensures significant foot traffic and exposure. The building itself offers ample space for a variety of commercial uses, making it ideal for businesses seeking a prominent location in a thriving downtown area. The property has a rich history, having been owned by the Ingram family for an extended period. This long-standing ownership speaks to the property's stability and potential. The asking price of $350,000 represents a compelling value for a property of this size, location, and historical significance. Serious inquiries are encouraged to explore the possibilities this exceptional commercial property offers. The property's prime location and substantial size make it an attractive prospect for a wide range of commercial ventures. Its history and prominent position within the downtown Florence landscape offer a unique opportunity for a discerning buyer. Don't miss this chance to acquire a piece of Florence's vibrant commercial scene.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $363,137
    Hospitality
    $332,631
    Educational
    $276,745
    Medical
    $286,263
    Retail
    $430,493
623 Court St, Florence, Alabama

Location Insight

City
Florence
County
Lauderdale
State
Alabama
Latitude
34.7952
Longitude
-87.6722
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
$1,126
$10,520
-
$10,520
-
$52,600
$62,260
$114,860

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