Presbyterian Dr SW, Decatur, AL 35603

Listing agent Douglas A. McCullough License #AL 000033300

Listing office Freedom Real Estate & Capital, LLC Show Phone

Listing date Jul 7, 2022

Source Crexi

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Overview

This property offers approximately 40 acres of land zoned B-2 General Business, permitting retail, restaurants, and other uses. Multi-family housing is also allowed upon appeal, with no height restrictions and maximum density. The property is located off Beltline Rd, a major corridor in Decatur, west of the Decatur Mall. The site is suitable for a mixed-use development incorporating multi-family housing and retail space. The topography is gently rolling and wooded. Decatur has a 50,000-workforce gap, presenting an opportunity for a Class A multi-family or mixed-use housing development to attract young professionals. Realtor.com has recognized Decatur as a desirable city for relocation based on home value. The city of Decatur has plans to build a $50 Million development that includes college dorms and a hotel. The area has a population of over 21,000 within a 5-mile radius and projected growth over the next few years. The Decatur Mall, with its shopping options and AMC movie theater, generates high foot traffic. Nearby retail opportunities include Publix, Target, Walmart, Walgreens, and Hobby Lobby. Austin High School, Middle School, and Elementary School are all within 5 miles.

Map

City

Decatur

County

Morgan

State

Alabama

Longitude

-87.019584

Latitude

34.568039

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FAQs

What type of property is this?

Commercial land - 40 acres zoned B-2, ideal for mixed-use development.

Where is this commercial land located?

The property is located at Presbyterian Dr SW Decatur, AL.

What are key features of this property?

This property features: 40 acres zoned B‑2 General Business allowing for Retail, Restaurants, and Multi‑family housing.; Located off Beltline Rd, a major corridor in Decatur, west of the Decatur Mall.; High growth potential due to Decatur's 50,000‑workforce gap, ideal for mixed‑use development.