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    Old Moulton Rd And Beltline Rd Decatur, AL 35601

    Sponsored
    For Sale
    $4,390,848

    Prime Decatur acreage, ideal for multifamily or retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10.08-acre development tract is strategically located at the intersection of Old Moulton Road and Beltline Road in Decatur, Alabama (zip code 35601), within Morgan County. Zoned M1-A, this property presents a unique opportunity for various development projects, including hotels, retail spaces, or multifamily residential complexes. The asking price is $4,390,848, translating to a land value of $10 per square foot. Its prime location offers easy access to major retail centers and dining establishments along the Beltline corridor, and is conveniently situated near industrial plants on Highway 20, ensuring high visibility and strong potential for attracting customers and residents. The property benefits from significant traffic flow, with a 2019 Alabama Department of Transportation traffic count of 26,399 vehicles. The current owners are open to subdividing the land to accommodate specific development plans, offering flexibility for potential buyers. This presents a rare chance to acquire a substantial parcel in a thriving area with excellent infrastructure and high traffic volume.

    Property Features for 0 Old Moulton Rd And Beltline Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    439,085 SF

    HighLights

    • Prime development land suitable for hotel, retail, and multifamily uses.
    • Owner will consider subdividing the parcel.
    • Excellent location near Beltline retail, Highway 20 industrial parks, and other businesses.
    • 2019 traffic count: 26,399 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -87.031767941704
    Latitude
    34.591429352714

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    FAQs

    What type of property is this?
    Multifamily property - Prime Decatur acreage, ideal for multifamily or retail.
    Where is this multifamily property located?
    The property is located at Old Moulton Rd And Beltline Rd Decatur, AL.
    What is the asking price?
    The asking price for this property is $4,390,848.
    What are key features of this property?
    This property features: Prime development land suitable for hotel, retail, and multifamily uses.; Owner will consider subdividing the parcel.; Excellent location near Beltline retail, Highway 20 industrial parks, and other businesses.
    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
    Old Moulton Rd And Beltline Rd Decatur, AL 35601
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