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Property profile & analytics
OFF-MARKET
Land

0 Modaus Rd And Fairground Rd Decatur, AL 35601

5.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.8-acre commercial land parcel presents a unique development opportunity in Decatur, Alabama. Situated at a highly visible corner adjacent to Beltline Road, this property benefits from exceptional visibility and accessibility. The M1-A Expressway Commercial District zoning allows for a wide range of commercial uses. The land is level and utilities are already in place, simplifying the development process and reducing upfront costs. Its strategic location offers easy access to major transportation arteries, including Highway 20, Highway 31, and Highway 67, ensuring convenient access for customers and employees. The area boasts a thriving commercial environment, with numerous retail stores, grocery options, financial institutions, and restaurants nearby. The high traffic count on Beltline Road (35,286 vehicles daily in 2019) guarantees significant exposure for any development. This property is priced at $1,500,000, representing a land value of $20 per square foot. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area. The property is located at the intersection of Modaus Road and Fairground Road in Morgan County, Alabama, zip code 35601.

Property profile
Verified
Property type Land
Lot 5.8 ac (252,648 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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