Auto Shop with Concrete
302 6TH AVENUE NE, Decatur, AL 35601
For Sale
$1,600,000
Commercial Sale, DECATUR, AL
Property Size13,000 SF
Price / SF$123.08
Days on Market156
Property Features for 302 6TH AVENUE NE
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Directions
Standard status
APN
Size
Additional Details
Real Estate Included
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Water source
Building Details
Year built
Floors in Building
Flooring type
Listing Agency:
RE/MAX Unlimited · RE/MAX International
(256) 327-7600
Listed By:
Robin Williams · License AL #121044
(256) 990-0113
Added: Jun 10
Changed: Nov 8
Last Checked: Nov 12 at 6:06AM
MLS# 21920275
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
This 13,000-square-foot auto shop was built in 1986 and has concrete flooring, three bathrooms, and public water service. The property previously operated as a transmission repair business, a use reflected in its auto-service asset classification.
Key Highlights
- 13,000‑square‑foot auto shop
- Built in 1986
- Concrete flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,507
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,150,140
$2.2M
Cap Rate 7%
$1,535,814
$1.5M
Cap Rate 9%
$1,194,522
$1.2M
Market Conditions
NOI Build-Up for 13,000 SF
Gross rent
$171.6K $13.20/SF
− Vacancy
−$18.0K −$1.39/SF
EGI
$153.6K $11.81/SF
− OpEx
−$46.1K −$3.54/SF
NOI
$107.5K $8.27/SF
Area
Morgan County, AL
Vacancy
10.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,150,140
Cap Rate 7%
$1,535,814
Cap Rate 9%
$1,194,522
Alternative Uses
Best Use
Retail
$1.54M
$1.34M – $1.79M
NOI $107,507 @ 7.0% cap · market cap 6.72%
Second Best
Industrial
$948.1K
$829.6K – $1.11M
NOI $66,366 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$2.70M
$2.37M – $3.16M
NOI $189,322 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,057
Businesses Nearby
84k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 34%
Hotels & Casinos 11%
Jack's Family Restaurants
Dining
14,904 visits/mo
0.1 miles
Mellow Mushroom
Dining
9,527 visits/mo
0.3 miles
DoubleTree by Hilton Hotel Decatur Riverfront
Hotels & Casinos
8,114 visits/mo
0.4 miles
Texaco
Shops & Services
7,260 visits/mo
0.3 miles
Hardee's
Dining
7,146 visits/mo
0.3 miles
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 Retail in South region
Similar Off Market Nearby
- Windshield — 625 2nd Ave SE, Decatur, AL 35601
- Iverson Monster Tire — 105 6th Ave NE, Decatur, AL 35601
- Muffler Shop — 111 6th Ave NE, Decatur, AL 35601
- C & G TIRES SERVICES — 114 6th Ave NE, Decatur, AL 35601
- Iverson Gulf Services — 105 6th Ave NE, Decatur, AL 35601
Frequently Asked Questions
What type of property is this?
Auto shop - The 1986 building has 13,000 square feet, three bathrooms, and public water service.
Where is this auto shop located?
The property is located at 302 6TH AVENUE NE Decatur, AL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 13,000‑square‑foot auto shop; Built in 1986; Concrete flooring
