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    Old Moulton Rd Decatur, AL 35603

    For Sale
    $199,000

    Residential lot, ideal for building. $199,000.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5 +/- acre residential lot presents a unique opportunity in Decatur, Alabama. Located on Old Moulton Road, in Morgan County, zip code 35603, this expansive property offers ample space for custom home construction or development. The asking price is $199,000. The property's convenient location provides easy access to Decatur's amenities while maintaining a peaceful, suburban setting. With its generous acreage, this lot allows for substantial privacy and the potential for extensive landscaping. The property is classified as residential land, making it suitable for a variety of building plans. Buyers are encouraged to conduct their own due diligence regarding zoning regulations and building permits. This is a rare opportunity to acquire a sizable parcel of land in a desirable location, perfect for those seeking to build their dream home or undertake a residential development project. The latitude and longitude coordinates are 34.568054 and -87.0661335 respectively. Serious inquiries only.

    Property Features for 0 Old Moulton Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5+ acre residential lot in Decatur, AL (35603) on Old Moulton Road.
    • $199,000 asking price.
    • Suitable for custom home construction or development.
    • Offers ample space and privacy in a peaceful, suburban setting with easy access to Decatur amenities.
    • Buyers to conduct due diligence on zoning and permits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -87.0661335
    Latitude
    34.568054

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    FAQs

    What type of property is this?
    Land - Residential lot, ideal for building. $199,000.
    Where is this land located?
    The property is located at Old Moulton Rd Decatur, AL.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: 5+ acre residential lot in Decatur, AL (35603) on Old Moulton Road.; $199,000 asking price.; Suitable for custom home construction or development.
    (256) 308-1152
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    Old Moulton Rd Decatur, AL 35603
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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
    Old Moulton Rd Decatur, AL 35603
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