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    Springview St Decatur, AL 35601

    Sponsored
    For Sale
    $350,000

    4.75-acre site, prime Decatur location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.75-acre commercial land parcel presents a remarkable opportunity for multifamily development in Decatur, Alabama. Located on Springview Street SW, this property boasts excellent visibility and accessibility due to its proximity to the busy Beltline Road. The site is zoned R-4, Zero Residential District (multifamily), allowing for a variety of multifamily development projects. Its strategic location places it within easy reach of numerous major retail outlets and dining establishments, providing future residents with convenient access to amenities. The 35601 zip code offers a desirable address within Decatur. The property's 4.75 acres offer ample space for a substantial development, catering to the growing demand for multifamily housing in the area. The asking price for this prime development site is $350,000. This represents a significant investment opportunity in a thriving market. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a highly desirable multifamily development site in a rapidly growing area of Decatur. Act quickly, as opportunities like this are rare.

    Property Features for 0 Springview St

    General Information

    Property type
    Multifamily properties
    Lot Size
    206,910 SF

    HighLights

    • 4.75‑acre commercial land parcel in Decatur, Alabama, ideal for multifamily development.
    • Excellent visibility and accessibility on Springview Street SW, near Beltline Road.
    • R‑4 zoning allows for multifamily projects.
    • Convenient access to retail and dining.
    • Desirable 35601 zip code.
    • Asking price: $350,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -86.99725228
    Latitude
    34.56426607

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    FAQs

    What type of property is this?
    Multifamily property - 4.75-acre site, prime Decatur location.
    Where is this multifamily property located?
    The property is located at Springview St Decatur, AL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 4.75-acre commercial land parcel in Decatur, Alabama, ideal for multifamily development.; Excellent visibility and accessibility on Springview Street SW, near Beltline Road.; R-4 zoning allows for multifamily projects.
    Request Owner's contact information
    Springview 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
    Springview St Decatur, AL 35601
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