1705 Central Parkway Decatur, AL 35601
COMMERCIAL - Decatur, AL
- Added:
- Jul 10, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 10 at 11:06 pm
Property Features for 1705 Central Parkway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 03 09 30 4 001 011.001
- Size
- 6,000 SF
- Lot size
- 0.34 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete
- Roof type
- Metal
Listing agent Philip Wright License #138422 (256) 565-2676
Listing office Merithouse Realty 321 2nd Ave SE, Decatur, AL (256) 822-0010
Listing date Jul 10, 2026
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Investment Insights
Based on property information with market context.
Located in Decatur, AL in Morgan County, the property sits on a 75' x 200' lot at 1705 Central Parkway. The paved parking provides convenient on-site vehicle access, while the fenced yard offers additional containment for materials or equipment.
The building and yard configuration make this an adaptable choice for tenants seeking space that can accommodate a mix of warehouse, light industrial, service, or related functions, subject to applicable use requirements.
Key Highlights
- 6,000+/- SF commercial building (approx. 60' x 100')
- 75' x 200' lot with paved parking and a secure fenced yard
- Central air and electric heating
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.8k | $9.96 |
| − Vacancy | −$4.3k | −$0.72 |
| EGI | $55.5k | $9.24 |
| − OpEx | −$19.4k | −$3.24 |
| NOI | $36.0k | $6.01 |
