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    Property profile & analytics

    1305 5th SE Ave Decatur, AL 35601-4220

    • Office Properties & Spaces
    • 2,700 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Last Sale
    Aug 28, 2024
    $209,250
    Location Intelligence
    Property ID
    US03-1718756
    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.

    Current Use by Public Records

    • Reli Properties / Real Estate Agency
    • Janelle Brown, Re Li Properties / Real Estate Agent

    Property Details for 1305 5th SE Ave

    Year built
    1976
    Construction
    STEEL FRAME
    Lot size
    0.19 lot acres
    Property size
    2,700 SF
    Property type
    Office Properties & Spaces
    APN
    03-09-30-1-001-025.000
    APU
    309301001025000

    Description

    This exceptional Decatur, Alabama property at 1305 5th Ave SE offers 2,700 square feet of versatile commercial space, ideal for a variety of businesses. The single-story building is easily divisible, offering a minimum of 1,000 square feet for smaller tenants, or the entire 2,700 square feet can be leased as a single unit. Its flexible design caters to businesses needing both office and warehouse/storage space, making it a perfect fit for companies requiring a blend of operational and administrative areas. The property's "flex" nature allows for adaptable layouts to suit individual business needs. Located in the heart of Decatur, AL 35601, this property benefits from excellent accessibility and visibility, providing convenient access for employees and clients alike. The property type is classified as Office, Industrial, encompassing Traditional Office, Flex, and Warehouse subtypes. This presents a unique opportunity for businesses seeking a central location with adaptable space to accommodate their specific operational requirements. The property's single-tenant occupancy ensures privacy and control over the entire space. Don't miss this chance to secure a prime location in a thriving Decatur community. The zip code is 35601.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $170,000
      6.5%
      $180,000
      7%
      $155,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $150,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $150,000
      Retail
      $170,000
      Mixed-Use
      $155,000
      Hospitality
      $180,000
      Educational
      $200,000
      Residential Income
      $150,000
      Energy
      $155,000
      Income-Based Land
      $170,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -86.982
    Latitude
    34.5874
    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
    $1,578
    $3,740
    $28,100
    $31,840
    -
    $18,700
    $140,500
    $159,200

    Comparable in this City

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      619 Bank NE St

      OFFICE (GENERAL) • 10,280 SF
      619 Bank NE St, Decatur, AL 35601-1607
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    • Value Estimation by Request
      4,800 SF

      723 Bank NE St

      OFFICE (GENERAL) • 4,800 SF
      723 Bank NE St, Decatur, AL 35601-1609
      View Details

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    1305 5th SE Ave
    Decatur, AL 35601-4220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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