0 Springview St Decatur, AL 35601
This exceptional 4.75-acre commercial land parcel presents a remarkable opportunity for multifamily development in Decatur, Alabama. Located on Springview Street SW, this property boasts excellent visibility and accessibility due to its proximity to the busy Beltline Road. The site is zoned R-4, Zero Residential District (multifamily), allowing for a variety of multifamily development projects. Its strategic location places it within easy reach of numerous major retail outlets and dining establishments, providing future residents with convenient access to amenities. The 35601 zip code offers a desirable address within Decatur. The property's 4.75 acres offer ample space for a substantial development, catering to the growing demand for multifamily housing in the area. The asking price for this prime development site is $350,000. This represents a significant investment opportunity in a thriving market. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a highly desirable multifamily development site in a rapidly growing area of Decatur. Act quickly, as opportunities like this are rare.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.