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    20 Beltline Rd And Hwy Decatur, AL 35601

    For Sale
    $1,610,200

    High-traffic retail land, Decatur, AL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 4.24-acre commercial land parcel is strategically located at the busy intersection of Beltline Road and Highway 20 in Decatur, Alabama (zip code 35601), within Morgan County. The property is zoned County and offers significant development potential. The asking price is $1,610,200, translating to a price per acre ranging from $384,676.92 to $395,604.4. The site is conveniently situated approximately 5.5 miles from US Highway 31, providing easy access to interstates I-565 and I-65. High traffic volume is a key feature, with a 2020 Alabama Department of Transportation (ALDOT) traffic count of 28,029 vehicles on Highway 20 and 21,608 vehicles on Beltline Road. The property is also divisible, with potential for separate acquisitions: Tract 1 encompasses approximately 3.25 acres, priced at $1,250,200, and Tract 2 comprises approximately 0.91 acres, priced at $360,000. This prime location presents a compelling opportunity for retail development in a high-growth area.

    Property Features for 20 Beltline Rd And Hwy

    General Information

    Property type
    Land
    Lot Size
    184,694 SF

    HighLights

    • 4.24‑acre commercial land parcel in Decatur, AL (35601), at Beltline Rd & Hwy 20 intersection.
    • Tract 1: 3.25 acres, $1,250,200; Tract 2: 0.91 acres, $360,000.
    • High traffic counts: 28,029 vehicles (Hwy 20), 21,608 vehicles (Beltline Rd) (2020 ALDOT data).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -87.030910433495
    Latitude
    34.619068175292

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    FAQs

    What type of property is this?
    Land - High-traffic retail land, Decatur, AL.
    Where is this land located?
    The property is located at 20 Beltline Rd And Hwy Decatur, AL.
    What is the asking price?
    The asking price for this property is $1,610,200.
    What are key features of this property?
    This property features: 4.24-acre commercial land parcel in Decatur, AL (35601), at Beltline Rd & Hwy 20 intersection.; Tract 1: 3.25 acres, $1,250,200; Tract 2: 0.91 acres, $360,000.; High traffic counts: 28,029 vehicles (Hwy 20), 21,608 vehicles (Beltline Rd) (2020 ALDOT data).
    Request Owner's contact information
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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
    20 Beltline Rd And Hwy Decatur, AL 35601
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