Old Moulton Rd Decatur, AL 35601
- Land
- 20.60 lot acres
Current Use by Public Records
- Land
Property Details for 0 Old Moulton Rd
- Lot size
- 20.60 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Morgan
- State
- Alabama
- Longitude
- -87.0467
- Latitude
- 34.58
