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    1516 6Th Ave Decatur, AL 35601

    For Sale
    Contact for pricing

    Prime Decatur retail space, high traffic location, lease opportunity.

    Property size:
    93,712 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional retail property at 1516 SE 6th Avenue in Decatur, Alabama, offers 3,105 square feet of versatile space ideal for a variety of businesses. Boasting a highly visible location on 6th Avenue, it benefits from significant traffic flow, providing excellent exposure to potential customers. The property's strategic placement offers easy access for customers and employees alike. Its proximity to major transportation arteries enhances its accessibility. The location is a mere 22 miles from Huntsville International Airport and less than 5 miles from the Port of Decatur, making it a convenient hub for regional commerce. Furthermore, the property is surrounded by a vibrant mix of shopping and dining options, creating a bustling and attractive environment for businesses. The lease rate is competitively priced at $7 per square foot, triple net (NNN). This presents a unique opportunity to establish a thriving business in a prime Decatur location with exceptional visibility and convenient access to key transportation links and amenities. The total building size is 93,712 square feet, though this listing specifically focuses on the 3,105 square foot space available for lease. The property sits on a lot with no acreage listed.

    Property Features for 1516 6Th Ave

    General Information

    Property type
    Retail properties
    Square Feet
    93,712 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    -86.97904
    Latitude
    34.58354

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    FAQs

    What type of property is this?
    Retail property - Prime Decatur retail space, high traffic location, lease opportunity.
    Where is this retail property located?
    The property is located at 1516 6Th Ave Decatur, AL.
    What is the asking price?
    The asking price for this property is $1,815.
    Request Owner's contact information
    1516 6Th Ave Decatur, AL 35601
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    Decatur, AL 35601
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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
    1516 6Th Ave Decatur, AL 35601
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