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302 6th Avenue NE, Decatur, AL, 35601
Automotive Transmission Repair Facility

302 6th Avenue NE Decatur, AL 35601

For Sale
$2,000,000

COMMERCIAL - Decatur, AL

Property Size13,000 SF
Price / SF$153.85
Days on Market44

Property Features for 302 6th Avenue NE

General Information

Property type
Commercial Sale
Property subtype
Other
Bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bathroom 2
Accessibility
Accessible Doors
Standard status
Active
APN
03 04 17 3 013 012.001
Size
13,000 SF

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1986
Floors in Building
1
Flooring type
Concrete
Listing Agency: Re/Max Unlimited
Listed By: Robin Williams · License #121044
Added: Jun 12 Changed: Jul 23 Last Checked: Jul 25 at 1:06PM
MLS# 21920275

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Investment Insights

Based on property information with market context.

The property is a commercial automotive site that previously operated as a transmission repair business for decades. It is configured as a working transmission shop, with on-site improvements and infrastructure designed for automotive service operations.

Located at 302 6th Avenue NE in Decatur, Alabama 35601 (Morgan County), the property is positioned for business visibility along a primary avenue. The listing is offered for sale as a complete site measuring approximately 13,000 square feet.

This facility can be a practical fit for an operator seeking an automotive-oriented location with an existing service-shop setup, or for a buyer looking to repurpose a proven maintenance and repair site. Because the property has supported transmission repair use at this address over an extended period, it may align well with continued service operations and similar automotive service concepts.

Key Highlights

  • Commercial property built in 1986
  • Previously operated as a transmission repair business at this location for decades
  • Public water and public sewer

Financial Insights For Retail

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 $171.6k $13.20
− Vacancy −$18.0k −$1.39
EGI $153.6k $11.81
− OpEx −$46.1k −$3.54
NOI $107.5k $8.27
13,000 SF · lease $13.20/SF/yr · vacancy 10.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.54M
$1.34M – $1.79M (±1% cap)
NOI $107,507 @ 7.0% cap · market cap 5.38%
Second Best
Industrial
$948.1K
$829.6K – $1.11M (±1% cap)
NOI $66,366 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$2.70M
$2.37M – $3.16M (±1% cap)
NOI $189,322 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Dental Office Parking Lot & Garage Electrical Service Garden Center Locksmith Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Catering Service HVAC Service Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

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

FAQs

What type of property is this?
Auto shop - For-sale automotive transmission repair property at 302 6th Avenue NE, suited for service use with established shop infrastructure.
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 $2,000,000.
What are key features of this property?
This property features: Commercial property built in 1986; Previously operated as a transmission repair business at this location for decades; Public water and public sewer
More about this property
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