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    602 2Nd St Decatur, AL 35601

    For Sale
    $129,000

    Prime Decatur land, build your dream home.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 8.6-acre parcel presents a remarkable residential development opportunity in Decatur, Alabama. Located at 602 2nd St SW, this mostly level, slightly sloped, and cleared property offers a blank canvas for your vision. The land is zoned R2 within Decatur city limits, providing flexibility for residential construction. Conveniently situated for easy access to both Huntsville and Priceville, this location offers the best of suburban living with proximity to larger urban centers. Utilities are not currently connected, allowing for customized infrastructure development tailored to your specific needs. The property's APN is 0206241011004.000 and is offered at an asking price of $129,000. This represents a unique chance to create a custom home or develop a residential project in a thriving Alabama community. Don't miss this chance to build your dream in this desirable location. The property's address is 602 2nd St SW, Decatur, AL 35601. This is a truly exceptional opportunity for those seeking a prime residential building site in a rapidly growing area.

    Property Features for 602 2Nd St

    General Information

    Property type
    Land
    Lot Size
    374,616 SF

    HighLights

    • $129,000 asking price.
    • 8.6‑acre residential land parcel.
    • R2 zoning.
    • Located at 602 2nd St SW, Decatur, AL 35601 (APN: 0206241011004.000).
    • Mostly level, cleared lot.
    • Convenient access to Huntsville and Priceville.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -87.0032104
    Latitude
    34.5995864

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    FAQs

    What type of property is this?
    Land - Prime Decatur land, build your dream home.
    Where is this land located?
    The property is located at 602 2Nd St Decatur, AL.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: $129,000 asking price.; 8.6-acre residential land parcel.; R2 zoning.
    (256) 214-2227
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    602 2Nd St Decatur, AL 35601
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    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
    602 2Nd St Decatur, AL 35601
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