3136 State Hwy Decatur, AL 35601
- Warehouses
- 8,400 SF
Current Use by Public Records
- Warehouses
Property Details for 3136 State Hwy
- Year built
- 2007
- Property size
- 8,400 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional industrial investment opportunity in Decatur, Alabama, presents three buildings totaling 8,400 square feet on a 4-acre lot (165,528 sq ft). Located at 3136 State Hwy 20, this property benefits from high visibility on a major thoroughfare with approximately 18,530 cars passing daily. The complex includes a 5,000 sq ft quonset hut with new roll-up doors, a remodeled two-story office building, and a separate 2,500 sq ft building with a roll-up garage door. The property features 16 dock-high doors and 20-foot ceilings, offering ample space for distribution, manufacturing, or warehouse operations. Built in 2007 and renovated the same year, this NNN-leased, vacant property boasts a 6.95% cap rate and a $66,000 NOI, with an asking price of $950,000 ($113.10/sq ft and $316,667 per unit). Its prime location near the Beltline exchange provides easy access to Decatur and proximity to major employers like 3M, United Launch Alliance, and RUAG Space USA. The Miscellaneous Commercial zoning allows for versatility and potential expansion. This property offers a strong return on investment in a thriving industrial area. The APN is 02-05-16-0-000-002.001.
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
- -87.0564
- Latitude
- 34.6184
