4009 US Highway 31 S, Decatur, AL 35603
- Added:
- Apr 9, 2026
- Days on Market:
- 81
- Last Refresh:
- Jun 28 at 7:06 pm
Property Features for 4009 US Highway 31 S
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Standard status
- Active
- APN
- TAX ID's 77823, 27160 & 27159
- Size
- 3,025 SF
- Lot size
- 5.60 Acres
Utilities
- Sewer type
- Septic Tank
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Wood, Carpet, Vinyl
- Roof type
- Shingle
Listing agent Brian Dean License #69186 (256) 975-9244
Listing office Re/Max Unlimited 8331 Madison Blvd. Suite 600, Madison, AL (256) 327-7600
Listing date Apr 9, 2026
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.
HighLights
- 3 parcels to be sold together only
- Zoned Community Commercial (per City of Decatur planning director Chad Bowman)
- Over 200 ft road frontage on US Highway 31 S
- Public water with septic tank sewer
- Roof is shingle; flooring includes wood, carpet, and vinyl
- Sold as‑is
Overview
The parcels have over 200 feet of road frontage on US Highway 31 S, providing direct visibility and convenient access from a major roadway. The seller describes the zoning and frontage as supporting a range of uses, including mixed use, small business, warehouse, retail, and house of worship applications.
For buyers and tenants looking for flexible commercial space with room to adapt, the combination of Community Commercial zoning, highway frontage, and existing structures can support a variety of operational and redevelopment approaches. Interested parties should review the “AS IS” condition and confirm zoning and permitted uses for their intended concept prior to closing.
Local Financial Insights For Office B
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 | $52.6k | $17.40 |
| − Vacancy | −$11.6k | −$3.83 |
| EGI | $41.1k | $13.57 |
| − OpEx | −$10.3k | −$3.39 |
| NOI | $30.8k | $10.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Morgan
- State
- Alabama
- Longitude
- -86.9727821
- Latitude
- 34.5289099
