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    404 Jackson St Decatur, AL 35601

    For Sale
    $50,000

    7,000 SF Commercial Land - $50K

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 7,000 square foot commercial lot presents a prime development opportunity in the heart of Decatur, Alabama. Located at 404 Jackson St SE, 35601, this B-2 (General Business) zoned property offers significant potential for various commercial ventures. The lot boasts dimensions of 50 feet by 140 feet, providing ample space for construction. Its strategic location places it just one block from the vibrant retail corridor of 6th Avenue S.E. and a short two-block walk from the bustling dining and shopping scene of 2nd Avenue Downtown. This highly desirable area offers easy access to essential services and amenities. The property's proximity to the Courthouse, City Hall, and numerous financial, legal, retail, dining, and service businesses ensures high visibility and convenient access for potential customers. This is an unparalleled chance to establish a thriving business in a thriving downtown location. The asking price is $50,000, making this an attractive investment opportunity for developers seeking a well-situated parcel in a growing Alabama city. Don't miss this chance to capitalize on the potential of this exceptional downtown Decatur property.

    Property Features for 404 Jackson St

    General Information

    Property type
    Land
    Square Feet
    7,000 SF

    HighLights

    • 50' x 140' lot.
    • One block from 6th Avenue S.E. retail and two blocks from 2nd Avenue Downtown dining/shopping.
    • Convenient to Courthouse, City Hall, and numerous businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Gym & Fitness Clothing Store Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -86.98199989
    Latitude
    34.6007253

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    FAQs

    What type of property is this?
    Land - 7,000 SF Commercial Land - $50K
    Where is this land located?
    The property is located at 404 Jackson St Decatur, AL.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: 50' x 140' lot.; One block from 6th Avenue S.E. retail and two blocks from 2nd Avenue Downtown dining/shopping.; Convenient to Courthouse, City Hall, and numerous businesses.
    Request Owner's contact information
    404 Jackson St Decatur, AL 35601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    404 Jackson St Decatur, AL 35601
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