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    State Hwy 20 Decatur, AL 35603

    Sponsored
    For Sale
    $3,250,000

    50 Acres, Prime Commercial/Ag Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 50-acre property presents a unique investment opportunity in Decatur, Alabama. Strategically located near State Highway 20, this land boasts high visibility and convenient access. The property is comprised of two parcels: Tract One, encompassing approximately 35.17 acres, is zoned AG1

    Property Features for 0 State Hwy 20

    General Information

    Property type
    Farms
    Lot Size
    2,178,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -87.050270110201
    Latitude
    34.619635316518

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    FAQs

    What type of property is this?
    Farm - 50 Acres, Prime Commercial/Ag Location
    Where is this farm located?
    The property is located at State Hwy 20 Decatur, AL.
    What is the asking price?
    The asking price for this property is $3,250,000.
    Request Owner's contact information
    State Hwy 20 Decatur, AL 35603
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    Decatur, AL 35603
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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
    State Hwy 20 Decatur, AL 35603
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