0 Old Branch Rd Decatur, AL 35603
This exceptional 30-acre agricultural property in Decatur, Alabama, presents a unique investment opportunity. Located on Old Branch Rd in Morgan County (zip code 35603), this land boasts a rich history, having been part of a large farm since the early 1800s. Currently zoned AG, it's ideally situated for residential subdivision development, with Priceville's future growth map already including this parcel. The property features a year-round stream, Ginhouse Branch, and borders the Wheeler National Wildlife Refuge, offering stunning natural surroundings. Its elevated position provides excellent building sites. The property's strategic location offers easy access to Interstate 65 and Alabama Highway 67, connecting residents to major cities like Birmingham, Mobile, Nashville, and Chicago. Proximity to Interstate 565 provides quick access to Huntsville International Airport, retail centers, and the growing tech hub of Huntsville, just a 20-minute drive away. A significant new residential project with 774 lots is currently under construction within 500 yards, further highlighting the area's development potential. The asking price is $1,050,000, or $30,000 per acre. The property's APN is 1103050000004000. The City of Priceville is prepared to assist a developer with annexation and rezoning for residential use. This property offers unparalleled potential for significant returns.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.