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Property profile & analytics
OFF-MARKET Estimated value $1,170,000
Retail space

1209 Danville SW Rd Decatur, AL 35601-3853

33,585 SF 3.39 ac lot Built 1971
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US03-1592945
Property summary
AI-generated overview

Austin Plaza, located at 1209 Danville Rd SW, Decatur, AL 35601, offers 9,000 square feet of vacant space in a 33,585 square foot building situated on 3.39 acres. This single-story, Class D building, constructed in 1971 and renovated in 2024, features two suites available for lease. Minimum leasable space is 2,250 square feet, with a maximum contiguous space of 5,000 square feet. The property is zoned B-1 and boasts excellent visibility at the intersection of Danville Rd SW and 8th Ave SW, providing high foot traffic and ample parking. Unit B/C, a recently updated flex space, is available for $4,000 per month and includes four new ADA-compliant bathrooms, a double-door back exit, durable concrete flooring, and an attractive exposed ceiling. This adaptable space is ideal for various uses, including retail, fitness studios, or office/showroom combinations. The property's convenient location and recent renovations make it an attractive opportunity for businesses seeking a prime location in Decatur, Alabama. The property is easily accessible and offers a stress-free shopping experience for customers. This versatile space is ready for immediate occupancy and presents a unique opportunity for growth and success.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1971
Total area 33,585 SF
Lot 3.39 ac (147,460 SF)
APN 02-07-25-1-001-002.000
UPID US03-1592945
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
Current use
Occupant on record · Public records
  • Wwtm Radio Station Telecommunications Service
  • R & B Communications Inc Radio Station Telecommunications Service
  • Shoes4School Decatur, Alabama Charitable Organization Social Service Agency
  • Sabor Mexicano Restaurant
  • Just Stuff Store Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.12M
Blend (final) Blend
$1.17M
Owner & transaction history
Dan Eight LLC · 3 yrs held
Dan Eight LLC
since 2022
Last sale
$1.2M
1 recorded transaction
2022
$1.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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