1425 7th SE Ave Decatur, AL 35601-4215
This exceptional investment opportunity presents a 576 square foot, single-tenant office building situated on a sizable 7,000 square foot lot in Decatur, Alabama. Located in the evolving 6th Avenue corridor, this property boasts a prime corner location at the intersection of 7th Avenue SE and 11th Street, offering excellent visibility and accessibility. The building, constructed in 1980, is classified as a Class B property and currently enjoys 100% occupancy under a three-year net lease. The property's zoning designation is RD2, allowing for redevelopment potential. This presents a unique chance to acquire a stable income-generating asset with significant upside potential in a developing area. The asking price is $249,900. Showings are by appointment only with 48 hours' notice. The property features one building, one story, and is situated on a 50' x 140' lot. The APN is 0309292018009.000. This is a rare opportunity to acquire a well-located, income-producing property in a growing market. Don't miss out on this chance to add a valuable asset to your portfolio.
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AAA Garage Builders Construction Company
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Lang Motor Company Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.