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    Property profile & analytics

    Highway 31 Decatur, AL 35603

    • Land
    • 1.40 lot acres
    For Sale
    View listing
    $165,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Highway 31

    Lot size
    1.40 lot acres
    Property type
    Land

    Description

    This exceptional 1.4-acre commercial land parcel presents a prime investment opportunity in Decatur, Alabama. Strategically located on Highway 31 South, this property boasts over 255 feet of frontage, ensuring high visibility and accessibility for any business. The B-2 (General Business) zoning allows for a wide range of commercial uses, making it ideal for various ventures. The lot is partially wooded, offering a blend of natural beauty and development potential. Its convenient location places it within minutes of key transportation arteries, including Beltline Road, 6th Avenue, and Interstate 65, as well as nearby towns like Priceville and Hartselle. This property's combination of size, location, and zoning makes it an attractive prospect for developers and entrepreneurs seeking a strong foothold in a thriving market. The asking price is $165,000. The property is situated in Morgan County, Alabama, with a zip code of 35603. This is a rare opportunity to acquire a significant commercial land holding in a high-growth area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -86.9704
    Latitude
    34.5234

    Comparable in this City

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      10.51 Acres

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      Land • 10.51 Acres
      3735 Highway 31, Decatur, AL 35603
      View Details

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    Highway 31
    Decatur, AL 35603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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