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Property profile & analytics
OFF-MARKET
Land

0 Old Moulton Rd Decatur, AL 35601

20.6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20.6-acre parcel presents a remarkable residential development opportunity in Decatur, Alabama. Located on Old Moulton Rd, zip code 35601, the property boasts PRD-8 zoning, permitting a high-density build-out of up to 20 units per acre. Permitted uses include single-family homes, duplexes, townhouses, and apartments, catering to a diverse range of housing needs. All utilities are readily available at or near the site, simplifying infrastructure development. The site's expansive acreage, combined with its favorable zoning and convenient location, makes it an ideal investment for developers seeking to capitalize on the growing demand for residential properties in this thriving Alabama community. The property's APN is 02 08 27 4 000 001.003. This offering presents a unique chance to create a significant residential development in a desirable location. The asking price for this exceptional property is $2,000,000.

Property profile
Verified
Property type Land
Lot 20.6 ac (897,336 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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