NOT LISTED FOR SALE

301 E Tennessee St Florence, AL 35630

Downtown Florence Neighborhood

Estimated Value: $2,306,734

2.29 Acres
$1,007,307 Price per Acre
99,752 Sq Ft Lot

Sale Details

Date Sold: September 1, 2023

Last sale price $1,865,000

Est. 24% increase in value since last sale

Current estimated payment $12,813 / mo

Highlights

  • 2.29 Acre Lot
  • Level Lot
  • 4-minute walk to Wilson Park

About This Lot

As of September 2023

Prime Commercial Property in Downtown Florence. This 2.29+/- Acres with abundant road frontage fronts on four different roads. This land is level land and Prime Commercial piece ready to be developed. Currently zoned B3.

Last Agent to Sell the Property

Shane Odom

MarMac Real Estate License #117440 Listed on: 04/25/2023

MarMac Real Estate

Co-Listed By

Mark Mizell

MarMac Real Estate License #136684

Last Buyer's Agent

Tracy Black

MarMac Real Estate- The Shoals License #109910

MarMac Real Estate- The Shoals

Property Details

Property Type

  • Land

Lot Details

  • 2.29 Acre Lot
  • Level Lot

Schools

  • Florence Elementary School
  • Florence High School

Community Details

  • City Of Florence Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2401113009012000

Property Details

Property Type

Land

Lot Details

2.29 Acres

Listing Details

  • Current Use: Commercial
  • Property Sub Type: LOT
  • Prop. Type: Land
  • Lot Size Acres: 2.29
  • Road Frontage Type: City Street
  • Subdivision Name: City Of Florence
  • Special Features: None

Exterior Features

  • Lot Features: Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Florence

Lot Info

  • Parcel Number: 2401113009012000
  • Lot Size Sq Ft: 99752.4

Green Features

MLS Schools

  • Elementary School: Florence
  • High School: Florence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2026
Sold by
Jar Properties Llc
Bought by
Wilson Lock Llc
Current Estimated Value
$2,306,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000,000
Outstanding Balance
$20,937,568
Interest Rate
6.06%
Mortgage Type
Construction
Estimated Equity
-$18,630,834

Purchase Details

Listed on
Apr 25, 2023
Closed on
Aug 29, 2023
Sold by
Jmj Investments Llc
Bought by
Jmj Investments Llc
Seller's Agent
Shane Odom
MarMac Real Estate
Buyer's Agent
Tracy Black
MarMac Real Estate- The Shoals
List Price
$1,865,000
Sold Price
$1,865,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$1,398,750
Interest Rate
0.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2006
Sold by
Industrial Development Board
Bought by
M-Tin Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Wilson Lock Llc $2,700,000 Attorney Only
Jmj Investments Llc $1,865,000 Attorney Only
M-Tin Llc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Wilson Lock Llc $25,000,000
Previous Owner Jmj Investments Llc $1,398,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Off Market $1,865,000 -- --
09/01/2023 09/01/23 Sold $1,865,000 0.0% --
04/25/2023 04/25/23 For Sale $1,865,000 -- --
04/20/2023 04/20/23 Pending -- -- --
Source: ValleyMLS.com

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,961 $80,840 $0 $0
2024 $3,961 $75,560 $75,560 $0
2023 $3,702 $45,380 $45,380 $0
2022 $2,437 $49,740 $0 $0
2021 $2,016 $41,140 $0 $0
2020 $1,833 $37,400 $0 $0
2019 $1,833 $37,400 $0 $0
2018 $1,939 $39,580 $0 $0
2017 $1,779 $38,480 $0 $0
2016 $1,779 $36,300 $0 $0
2015 $1,779 $36,300 $0 $0
2014 $1,868 $38,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shane Odom

    Seller's Agent in 2023

    Shane Odom

    MarMac Real Estate

    (256) 214-2196

    1 in this area

    147 Total Sales

    Shane Odom
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Mark Mizell

    MarMac Real Estate

    Section Image
  • Tracy Black

    Buyer's Agent in 2023

    Tracy Black

    MarMac Real Estate- The Shoals

    (256) 349-3638

    4 in this area

    124 Total Sales

    Tracy Black
    Section Image
See All Agents

Map

Source: ValleyMLS.com

MLS Number: 1832661

ValleyMLS.com

APN: 24-01-11-3-009-012.000

Alabama Lauderdale County Florence 35630 Downtown Florence

301 E Tennessee St, Florence, AL

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