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    acres Steed Road-2 Decatur, AL 35601

    For Sale
    $200,000

    Prime Decatur location, ideal for commercial/industrial development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2-acre commercial and industrial land parcel presents a unique investment opportunity in Decatur, Alabama. Strategically located just south of Highway 20 and west of Woodall Road, this property enjoys close proximity to the bustling Mallard Fox Creek Industrial Park and Decatur's thriving industrial corridor. The lot's address is Steed Road, and its convenient location offers easy access to major transportation routes, ensuring seamless logistics for any business. The property is situated behind Key Engineering, providing a sense of established commercial presence in the immediate vicinity. With a total area of 2 acres, the land offers ample space for a variety of development projects, from warehousing and manufacturing facilities to light industrial uses and commercial ventures. The asking price is $200,000, translating to a land value of $100,000 per acre. The property's APN is 0205160000006008. This is a rare opportunity to acquire a well-positioned parcel in a rapidly growing industrial area. Don't miss out on this chance to secure a prime piece of Decatur real estate. Contact us today to learn more and schedule a site visit.

    Property Features for acres Steed Road-2

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $200,000 asking price for 2 acres of commercial/industrial land.
    • $100,000 per acre land value.
    • Located in Decatur, Alabama (Morgan County), near Mallard Fox Creek Industrial Park and Decatur's industrial corridor.
    • APN: 0205160000006008.
    • Address: Steed Road, Decatur, AL 35601.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -87.058339
    Latitude
    34.6122371

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    FAQs

    What type of property is this?
    Land - Prime Decatur location, ideal for commercial/industrial development.
    Where is this land located?
    The property is located at acres Steed Road-2 Decatur, AL.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: $200,000 asking price for 2 acres of commercial/industrial land.; $100,000 per acre land value.; Located in Decatur, Alabama (Morgan County), near Mallard Fox Creek Industrial Park and Decatur's industrial corridor.
    Request Owner's contact information
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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
    acres Steed Road-2 Decatur, AL 35601
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