Decatur Assisted Living Facility
For Sale
$3,800,000
2115 Point Mallard Dr SE, Decatur, AL 35601
Assisted living facility in senior-heavy market with regional draw.
Property SizeContact for details
Days on Market201
Property Features for 2115 Point Mallard Dr SE
General Information
Standard status
Active
Listing Agency:
Bull Realty
(404) 876-1640
Listed By:
Ernie Anaya, MBA · License #SC #93244
Source:
Bullrealty
Added: Jan 27
Changed: Jul 6
Last Checked: May 11 at 5:58AM
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 Bull Realty
Investment Insights
Based on property information with market context.
Located in Decatur, Alabama, this assisted living facility is situated in a market with a significant senior population. Approximately 18.1% of Decatur's population is 65 or older, which is slightly higher than the national average. The broader Huntsville-Decatur Combined Statistical Area (CSA) indicates a high density target market for assisted living services, with nearly one in five residents being a senior. Decatur serves as a primary service hub for the more rural parts of Lawrence and Limestone counties, being the second-largest city in the CSA, a region encompassing over 880,000 people. The area exhibits economic stability, with a median household income of approximately $63,987 and a cost of living roughly 12% below the national average, suggesting residents have higher-than-average discretionary income for private-pay senior care options. The average net worth for those aged 75 and older is $1,696,281, with an average household income of $70,747 and an average home value of $361,052. Unmet demand within a 10-mile radius is estimated at 196 beds.
Key Highlights
- High density target market for assisted living services due to a significant senior population (approximately 18.1% in Decatur and nearly 1 in 5 in the broader MSA).
- Unmet demand of 196 beds within a 10‑mile radius indicates a strong market opportunity.
- Decatur acts as a primary service hub for surrounding rural counties within the Huntsville‑Decatur Combined Statistical Area (CSA) with over 880,000 people.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - Assisted living facility in senior-heavy market with regional draw.
Where is this senior housing / retirement home located?
The property is located at 2115 Point Mallard Dr SE Decatur, AL.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: High density target market for assisted living services due to a significant senior population (approximately 18.1% in Decatur and nearly 1 in 5 in the broader MSA).; Unmet demand of 196 beds within a 10‑mile radius indicates a strong market opportunity.; Decatur acts as a primary service hub for surrounding rural counties within the Huntsville‑Decatur Combined Statistical Area (CSA) with over 880,000 people.
