Presbyterian Dr Decatur, AL 35603
- Land
- 39.42 lot acres
Current Use by Public Records
- Land
Property Details for 0 Presbyterian Dr
- Lot size
- 39.42 lot acres
- Property type
- Land
Description
This exceptional 39.42-acre land parcel presents a significant development opportunity in Decatur, Alabama. Located off Beltline Road, near the Decatur Mall, this property boasts a B-2 General Business zoning designation, allowing for a diverse range of uses including retail, restaurants, and mixed-use developments. Multi-family housing is also permissible upon appeal, with no height restrictions and maximum density. The gently rolling, wooded terrain offers a desirable setting for a project catering to the area's substantial growth potential. Decatur faces a 50,000-workforce gap, making a mixed-use development with multi-family housing particularly attractive to young professionals. The area's strong retail presence, including the Decatur Mall, AMC Theatres, Publix, Target, Walmart, Walgreens, and Hobby Lobby, ensures high foot traffic and consumer demand. Furthermore, the proximity to Austin High School, Middle School, and Elementary School creates an ideal "live, work, and play" environment. With a population exceeding 21,000 within a 5-mile radius and projected growth, this property offers exceptional long-term investment potential, especially considering the city's planned $50 million development encompassing college dorms and a hotel. Contact us for pricing and detailed information.
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
- -87.0221
- Latitude
- 34.572
