0 Highway 31 Decatur, AL 35601
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.