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Property profile & analytics
OFF-MARKET
Land

0 Auburn Dr Decatur, AL 35603

160 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 160-acre land parcel presents a remarkable mixed-use development opportunity within Decatur city limits. Comprising two contiguous lots (APN: 02-08-34-1-000-001.000 | 02-07-35-2-002-023.000), this property offers significant potential for residential or multifamily development. Located at 1901 and 1921 Auburn Dr SW, Decatur, AL 35603, the land is strategically positioned, bordered on three sides by existing residential areas and on the fourth by Jack Allen Soccer fields. Its proximity to Nungester Elementary School and Austin High School adds to its appeal. City water and sewer services are readily available. The property is currently timbered, with the owners undertaking the clearing, retaining timber rights. An environmental assessment confirms minimal wetlands (0.17 acres) in the northernmost section. Decatur's robust economy, fueled by major employers like Toyota/Mazda Manufacturing, Nucor, 3M, and ULA, coupled with a high rental population (over 50%), creates a strong investment climate. The Decatur Mall, featuring prominent retailers, further enhances the area's desirability. Complete engineering and EPA certification documentation is available. This is a motivated seller opportunity.

Property profile
Verified
Property type Land
Lot 160 ac (6,969,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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