$710,000
$799,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
205 Cox Creek Parkway Florence, AL 35630
2 Baths
4,800 SqFt
Key Details
Sold Price $710,000
Property Type Commercial
Sub Type Commercial Sale
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $147
Subdivision Cox Creek
MLS Listing ID 517653
Sold Date 01/21/25
HOA Y/N No
Year Built 1980
Annual Tax Amount $5,929
Property Sub-Type Commercial Sale
Property Description
Located at the bustling intersection of Cox Creek Parkway and Florence Blvd, this mixed-use commercial property boasts high visibility and heavy traffic. Currently occupied by a long-term tenant, this investment generates a stable revenue stream with a 7.5% Cap Rate. The site presents an excellent opportunity for a future fast food chain on a ground lease, offering significant potential for increased income and other retail investment opportunities. The versatile space provides numerous possibilities for commercial development and expansion. Nearby Retailers- Academy Sports, Long Horn, Outback, TJMaxx, Party Wow, Wal-Mart, Taco Bell, Umi Japanese, Captain D's, Yogurt Mountain and many more. Don't miss out on this fantastic commercial site in a prime location!
Location
State AL
County Lauderdale
Zoning 00 Commercial
Building
Story 1
Sewer Public Sewer
Water Public (WaterSource)
Schools
Elementary Schools Florence
Middle Schools Florence
High Schools Florence
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Bought with Marmac Real Estate - The Shoals
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