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    1505 8Th St Decatur, AL 36601

    For Sale
    $72,831

    LOT - Decatur, AL

    Days on Market:
    12
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 1505 8Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Architectural style
    Other

    Parker Real Estate Res. LLC (256) 353-1112

    Listing agent Jeremy Jones (256) 353-1112

    Listing date Nov 24, 2025

    MLS# 21904260 Listing URL

    Copyright © 2025 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Decatur, AL Premium Lot

    This premium lot is located in the Medical District of Decatur, Alabama. The property offers convenient access to major hospitals, medical offices, research facilities, and supporting professional services. It is suitable for developers, investors, or medical professionals looking for a strategic location for a new clinic, office building, mixed-use project, or long-term investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -86.968650685
    Latitude
    34.589125946

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    FAQs

    What type of property is this?
    Commercial land - Premium lot in Decatur's Medical District, ideal for development.
    Where is this commercial land located?
    The property is located at 1505 8Th St Decatur, AL.
    What is the asking price?
    The asking price for this property is $72,831.
    What are key features of this property?
    This property features: - Premium lot in the highly sought-after Medical District.; - Unmatched convenience with immediate access to major hospitals and medical offices.; - Ideal for developers, investors, or medical professionals.
    (256) 353-1112
    Request Owner's contact information
    1505 8Th St Decatur, AL 36601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1505 8Th St Decatur, AL 36601
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