Florence, AL 35630,205 Cox Creek Parkway
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Florence, AL 35630,205 Cox Creek Parkway
Florence, AL 35630,205 Cox Creek Parkway
Florence, AL 35630,205 Cox Creek Parkway
Florence, AL 35630,205 Cox Creek Parkway

$710,000

Est. payment /mo

$799,000

11.1%
Est.Price: ?

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205 Cox Creek Parkway Florence, AL 35630

2 Baths

4,800 SqFt

SOLD DATE : 01/21/2025

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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Listed by Marmac Real Estate - The Shoals
Bought with Marmac Real Estate - The Shoals
agent

Erica Crunk

Associate Broker | License ID: 120269

+1(256) 349-8300

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