Presbyterian Dr SW Decatur, AL 35603
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40 acres zoned B-2, ideal for mixed-use development.
Type:Land
Lot size:
40.00 Acres- Added:
- Jul 7, 2022
- Days on Market:
- 1399
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for Presbyterian Dr SW
General Information
- Standard status
- Active
- Lot size
- 40.00 Acres
- Property subtype
- Land
Listing agent Douglas A. McCullough License #AL 000033300
Listing office Freedom Real Estate & Capital, LLC (256) 319-3516
Listing date Jul 7, 2022
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Freedom Real Estate & Capital, LLC
Overview
Decatur Land for Mixed-Use Development
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.
Location Intelligence
Current Use by Public Records
Commercial land
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.
