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Property profile & analytics
OFF-MARKET
Land

0 Highway 31 Decatur, AL 35601

Property ID
Property summary
AI-generated overview

This exceptional 1.89+/- acre commercial land parcel, located on Highway 31 South in Decatur, Alabama, presents a remarkable investment opportunity. The property boasts a generous 82,000 square feet of flat, usable land, ideal for a variety of commercial ventures. Its strategic location on a major thoroughfare ensures high visibility and accessibility, making it an attractive site for businesses seeking significant exposure. The property is zoned B2 General Business, offering flexibility for diverse development plans. The parcel's size and zoning provide ample space for construction, expansion, or redevelopment projects. With its convenient location in Decatur, Alabama, and its desirable zoning classification, this property offers significant potential for growth and return on investment. The property's Assessed Parcel Number (APN) is 12 03 08 1 000 008.000. The asking price for this exceptional commercial land is $219,000. This is a rare opportunity to acquire a prime commercial property in a thriving Alabama market. Don't miss out on this chance to secure a valuable asset with significant potential for future development and profitability. The zip code is 35601, and the property is situated in Morgan County.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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