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    I-65 Intersection Decatur, AL 35601

    For Sale
    $7,310,000

    44.5 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 44.5-acre commercial land parcel presents a remarkable investment opportunity. Strategically positioned at the northwest corner of the I-65/Highway 67 intersection in Decatur, Alabama (zip code 35601), this property boasts unparalleled visibility and accessibility. The site offers an impressive 2,500 feet of interstate frontage, ensuring maximum exposure to a substantial daily traffic volume. According to 2019 Alabama traffic counts, I-65 North sees 47,391 vehicles per day, while Highway 67 registers 29,288 vehicles per day. The property benefits from excellent ingress and egress, with existing access points via Garth Road and Dublou Drive SE. The I-65 Exit 344 South is conveniently located approximately one block west of the Highway 67 entry to the site. This location is further enhanced by its proximity to established businesses, including restaurants and a major grocery store, creating a vibrant and thriving commercial environment. The property is zoned B-2 - General Business in Decatur and C-3 - Commercial in Priceville, offering flexibility for a wide range of development possibilities. This prime location and substantial acreage make this an exceptional opportunity for significant commercial development.

    Property Features for I-65 Intersection

    General Information

    Property type
    Land
    Lot Size
    1,938,420 SF

    HighLights

    • $7,310,000 asking price for 44.5 acres of commercial land.
    • Located at the Northwest corner of I‑65/Highway 67 intersection in Decatur, Alabama, offering excellent visibility and access.
    • Features 2,500 feet of I‑65 frontage.
    • High traffic count: 47,391 VPD (I‑65 North) and 29,288 VPD (Highway 67) in 2019.
    • Zoned B‑2 General Business (Decatur) and C‑3 Commercial (Priceville).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -86.9738648
    Latitude
    34.5623414

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    FAQs

    What type of property is this?
    Land - 44.5 Acres, High-Traffic Location
    Where is this land located?
    The property is located at I-65 Intersection Decatur, AL.
    What is the asking price?
    The asking price for this property is $7,310,000.
    What are key features of this property?
    This property features: $7,310,000 asking price for 44.5 acres of commercial land.; Located at the Northwest corner of I-65/Highway 67 intersection in Decatur, Alabama, offering excellent visibility and access.; Features 2,500 feet of I-65 frontage.
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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
    I-65 Intersection Decatur, AL 35601
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