Current Use by Public Records
- Land
Property Details for 3012 Highway 31
- Lot size
- 5.90 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 5.9-acre commercial and industrial land parcel presents a compelling investment opportunity in Decatur, Alabama. Strategically located on Highway 31 South, this property boasts high visibility and accessibility due to its prominent hard corner location across from the Cedar Lake Road intersection. The lot, measuring approximately 453.5 feet by 552.65 feet, offers significant potential for multiple ingress and egress points, enhancing operational flexibility. Zoned M1, this site is ideally positioned between Decatur Med-Surg Complex and LiftOne, benefiting from established infrastructure and a thriving business environment. All utilities are readily available on-site, simplifying development plans. Furthermore, its location outside of a flood zone minimizes risk and enhances its appeal. The asking price of $1,200,000 reflects the property's considerable value and potential return on investment. Its proximity to major interstates ensures convenient access for logistics and transportation, making it an attractive option for a wide range of commercial and industrial uses. The property's parcel number is 12-03-05-4-000-002.000. This prime location and versatile zoning make this a rare opportunity for significant development in a rapidly growing area.
Value Estimations
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AI approach
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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
- -86.9735
- Latitude
- 34.5519
