0 Modaus Rd And Fairground Rd Decatur, AL 35601
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.