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    2703 Highway 31 S Decatur, AL 35603

    For Sale
    $600,000

    LOT - Decatur, AL

    Lot size:
    0.94 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 2703 Highway 31 S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1203052001025000
    Lot size
    0.94 Acres

    Building Details

    Architectural style
    Other

    McMillan Enterprises, Inc d/b/a Coldwell Banker McMillan & Associates (256) 340-0222 [email protected]

    Listing agent Shelia Cotharin (256) 340-0222

    Listing date Oct 31, 2025

    MLS# 21902824 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

    Cleared Lot in Decatur, AL

    This cleared lot, measuring 164x250, is located in Decatur, Alabama. The property spans 0.94 acres and has water, power, sewage, and gas available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -86.974226
    Latitude
    34.555602

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    FAQs

    What type of property is this?
    Land - Cleared 0.94 acre lot with utilities available in Decatur.
    Where is this land located?
    The property is located at 2703 Highway 31 S Decatur, AL.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Large 164x250 lot size.; - Cleared lot, ready for construction.; - Water available.
    (256) 340-0222
    Request Owner's contact information
    2703 Highway 31 S Decatur, AL 35603
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    Decatur, AL 35603
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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
    2703 Highway 31 S Decatur, AL 35603
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