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Property profile & analytics
OFF-MARKET
Neighborhood centers

2914 Mallard Ln Decatur, AL 35601

36,737 SF Built 1997
Property ID
Property summary
AI-generated overview

Mallard Village Shopping Center, located at 2914 Mallard Ln SE in Decatur, Alabama (zip code 35601), presents a prime retail opportunity. This 36,737 square foot strip center, built in 1997 and zoned B-2, offers multiple tenancy options. Three spaces are currently available, ranging from 1,000 to 2,500 square feet, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 3,000 square feet. The property sits on a 4.3-acre lot and enjoys a highly visible location directly across from a Publix grocery store and just one mile from I-65 at the Priceville/Decatur exit. Two convenient entrances at a traffic light ensure excellent accessibility. Ample parking is available for customers and tenants. Beyond the existing retail space, there's an additional 7 acres (the listing mentions 7 acres that may be developed under a ground lease, in addition to the existing shopping/retail/medical space). This presents a unique opportunity for expansion or additional development. This well-located center offers strong visibility and convenient access, making it an ideal location for a variety of retail businesses.

Property profile
Verified
Property type Neighborhood centers
Year built 1997
Total area 36,737 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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