Technical
Financial
Distress signals
Property profile

1614 4Th Ave SE Decatur, AL 35601

FOR SALE
Retail properties & Spaces
Property ID
US03-2965215
1,742 SF 0.26 ac lot Built 1965
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,742 square foot executive office space is ideally situated at 1614 4th Ave SE in Decatur, Alabama, zip code 35601. The property boasts a single-tenant occupancy, offering complete control and privacy. Classified as a Class B building, it presents a solid investment opportunity in a thriving location. The building's zoning is M-2, allowing for a variety of commercial uses. The entire 1,742 square feet is currently vacant, providing immediate occupancy for a new business or expansion. Located in Morgan County, this property benefits from excellent visibility and accessibility due to its prominent 4th Ave SE address. Ample storage space is included within the building's footprint, adding to its practicality and functionality. This property is perfect for businesses seeking a well-maintained, conveniently located office space in Decatur, Alabama. The property's size and location make it suitable for a range of office or retail uses, presenting endless possibilities for the right tenant. Interested parties are encouraged to explore the potential of this exceptional commercial property.

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,742 SF
Lot 0.26 ac (11,250 SF)
APN 03-09-30-4-001-002.000
UPID US03-2965215

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

1614 4Th Ave SE Decatur, AL 35601
Decatur metro Census 300 DECATUR, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$160k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2024
Last sale
$160,000
3 recorded transactions
2024
$160,000
2020
$145,000
2006
$20,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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