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    Modaus Rd / Beltline Rd / Fairground Rd Decatur, AL 35601

    For Sale
    $1,742,400

    Prime Decatur location, level land, utilities available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2-acre commercial land parcel presents a remarkable investment opportunity in Decatur, Alabama. Strategically positioned at the intersection of Modaus Road, Beltline Road, and Fairground Road, this property enjoys high visibility and accessibility on a major retail corridor. The site is zoned M1-A Expressway Commercial District, allowing for a wide range of development possibilities. The asking price is $1,742,400, translating to a land value of $20 per square foot. This level lot boasts existing utilities, simplifying development and reducing upfront costs. Its convenient location offers easy access to Highway 20, Priceville, and Interstate 65, ensuring excellent connectivity for businesses and their employees. The surrounding area features a thriving mix of retail, grocery, financial, and dining establishments, creating a strong foundation for future development and attracting a diverse customer base. This property is ideal for developers seeking a prime location to build a variety of commercial ventures, capitalizing on the high traffic volume and established commercial presence in this rapidly growing area of Decatur. The 35601 zip code further underscores the desirability and potential of this exceptional land offering.

    Property Features for 0 Modaus Rd / Beltline Rd / Fairground Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • Convenient access to Highway 20, Priceville, and I‑65.
    • Level lot with existing utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -87.006930366929
    Latitude
    34.559900195452

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    FAQs

    What type of property is this?
    Land - Prime Decatur location, level land, utilities available.
    Where is this land located?
    The property is located at Modaus Rd / Beltline Rd / Fairground Rd Decatur, AL.
    What is the asking price?
    The asking price for this property is $1,742,400.
    What are key features of this property?
    This property features: Convenient access to Highway 20, Priceville, and I-65.; Level lot with existing utilities.;
    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
    Modaus Rd / Beltline Rd / Fairground Rd Decatur, AL 35601
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