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    OFF-MARKET
    Warehouses

    3136 State Hwy, Decatur, AL 35601

    8,400 SF Built 2007
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Year built 2007
    Total area 8,400 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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