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Freestanding Flex Building
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101 Moulton Street West, Decatur, AL 35601

Flexible commercial building with a secured outdoor lot, multiple covered parking structures, and direct drive-in access.

Property Size4,465 SF
Price / SF$66.97
Days on Market122
Rey
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Property Features for 101 Moulton Street West

General Information

Standard status Active
Size 4,465 SF
Total Parking Spaces 5
Property subtype Retail, Industrial, Special Purpose

Additional Details

Fenced Yard Yes
Drive-In Doors 4

Building Details

Year Built 1988
Buildings 1
Listing Agency: Access Real Estate
Listed By: Sam Mozeb · License #AL90515
Source: Crexi
Added: Jun 16 Changed: Oct 2 Last Checked: Oct 14 at 10:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Access Real Estate

Investment Insights

Based on property information with market context.

This freestanding flex property provides 4,465 square feet of commercial building area on a fenced lot. The improvements include five carports and four drive-in doors, supporting a range of flex-oriented operations that require covered parking and direct vehicle access. Built in 1988, the building is situated in downtown Decatur, Alabama, at 101 Moulton Street West.

Key Highlights

  • 4,465‑square‑foot freestanding flex building
  • Fenced lot provides secured outdoor area
  • Five carports included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,825
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,500 $536.5K
Cap Rate 7%
$383,214 $383.2K
Cap Rate 9%
$298,056 $298.1K
Market Conditions
NOI Build-Up for 4,465 SF
Gross rent
$44.5K $9.96/SF
− Vacancy
−$3.2K −$0.72/SF
EGI
$41.3K $9.24/SF
− OpEx
−$14.4K −$3.24/SF
NOI
$26.8K $6.01/SF
Area
Morgan County, AL
Vacancy
7.20%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,500
Cap Rate 7%
$383,214
Cap Rate 9%
$298,056

Alternative Uses

Best Use
Flex RnD
$383.2K
$335.3K – $447.1K (±1% cap)
NOI $26,825 @ 7.0% cap · market cap 8.97%
Second Best
Industrial
$325.6K
$284.9K – $379.9K (±1% cap)
NOI $22,794 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$928.9K
$812.8K – $1.08M (±1% cap)
NOI $65,025 @ 7.0% cap · market cap 21.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Dental Office Pharmacy Parking Lot & Garage Kitchen & Bath Showroom Auto Parts Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Drive-in doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

893
Businesses Nearby
Under-served
Demand for This Use

Demographics for 35601, AL

34,958
Population
15,168
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
77%
High-School Grad
26.5 sq mi
ZIP Area
1,319
Density / Sq Mi
$50,216
Median Household Income
$33,438
Median Earnings
$860
Median Rent
$148,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Don's Mercantile — 119 2nd Ave NE, Decatur, AL 35601

Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial building with a secured outdoor lot, multiple covered parking structures, and direct drive-in access.
Where is this flex space located?
The property is located at 101 Moulton Street West Decatur, AL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 4,465‑square‑foot freestanding flex building; Fenced lot provides secured outdoor area; Five carports included
(256) 309-7556 Call to check price and availability
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