3012 Highway 31 Decatur, AL 35603
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.
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
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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.