1236 Beltline SW Rd Decatur, AL 35601-6202
Property profile & analytics
1236 Beltline SW Rd Decatur, AL 35601-6202
- Turn key restaurants
- 3,062 SF
- 0.85 lot acres
Property ID
US03-1805929
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Captain D's / Restaurant
Property Details for 1236 Beltline SW Rd
- Year built
- 1992
- Lot size
- 0.85 lot acres
- Property size
- 3,062 SF
- Property type
- Turn key restaurants
- APN
- 02-07-36-4-002-010.001
- APU
- 207364002010001
Description
This exceptional investment opportunity presents a fee-simple ownership of a Captain D's Seafood restaurant located at 1236 Beltline Rd SW, Decatur, AL 35601. The property boasts 3,062 square feet on a 0.85-acre lot, featuring 56 parking spaces and excellent visibility on a high-traffic thoroughfare with 37,500 vehicles per day. Built in 1992 and situated in an M-1A Light Industrial zoning area, this single-tenant property benefits from a corporate-guaranteed Absolute NNN lease with a highly reputable national quick-service restaurant (QSR) brand. The lease, commencing June 13, 2003, and expiring August 31, 2035, has approximately 10.8 years remaining, providing significant long-term stability. The lease includes 1.25% annual rent increases throughout the initial term and any option periods. The property generates a strong net operating income (NOI) of $119,920, resulting in an attractive 7.00% cap rate. The asking price is $1,713,000. This offering presents a compelling combination of a well-established tenant, a long-term lease, and a desirable location, making it an ideal addition to any investment portfolio. The property's strong demographics within a 5-mile radius further enhance its investment potential. Zero landlord responsibilities are included with this fee-simple ownership.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Morgan
- State
- Alabama
- Longitude
- -87.0079
- Latitude
- 34.563
- CBSA code
- 19460
- CBSA name
- DECATUR, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,655
$53,960
$92,960
$146,920
-
$269,800
$464,800
$734,600
