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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

706 Bank St Decatur, AL 35601

5,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 5,000 square foot retail space presents a unique leasing opportunity in Decatur's thriving Bank Street commercial district. Located in a high-traffic area, this property benefits from its proximity to a newly constructed residential development, ensuring a consistent flow of potential customers. The strategic location also places it within easy reach of the popular Daikin Amphitheater, further enhancing its visibility and accessibility. The space is zoned for downtown commercial use, offering versatility for a wide range of businesses. With ample square footage, this property is ideal for retailers seeking a prominent location to establish or expand their operations. The vibrant atmosphere of Bank Street, combined with the convenience of its location near both residential and entertainment venues, makes this a truly exceptional opportunity for businesses seeking high visibility and strong foot traffic. The property offers significant potential for growth and success within a dynamic and rapidly developing area of Decatur. Serious inquiries are encouraged to explore this exciting leasing prospect. The asking lease price is $2500. This is a rare opportunity to secure a prime retail location in a rapidly growing area of Decatur.

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,000 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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