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Property profile & analytics
OFF-MARKET
Land

0 Cedar Ridge Dr Decatur, AL 35603

22 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 22-acre agricultural land parcel presents a significant development opportunity in Decatur, Alabama's rapidly expanding southwest region. Situated near major roadways and amenities, this property offers convenient access to I-65 North (47,391 VPD) and Highway 67 (29,288 VPD), placing future residents within a 20-minute drive of Huntsville. The land is adjacent to the Jack Allen Soccer Complex and major shopping areas, and is also within close proximity to Austin High School (0.9 miles), Julian Harris Elementary (1 mile), and Cedar Ridge Middle School (0.8 miles). Currently undeveloped and covered in timber, this high-elevation land is part of a larger 213-acre tract, including two other parcels of 26 and 85 acres respectively. Development will require road extension (Cedar Ridge Road), clearing, and the installation of water and sewer infrastructure. Decatur Utilities provides water, sewer, gas, electricity, and fiber. Given Decatur's robust growth and Huntsville's overflow, this property is ideally suited for various residential developments, including townhomes, patio homes, condominiums, luxury apartments, or even retail space. The property's location also presents an opportunity for an extension of the Decatur City Park system. The property is zoned for agricultural use. Decatur, the largest city and county seat of Morgan County, boasts a 2021 population estimate of 57,804 and a median household income of $49,296. Its proximity to the thriving Huntsville job market and its relatively low cost of living make it an attractive location for residential development.

Property profile
Verified
Property type Land
Lot 22 ac (958,320 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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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