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Property profile & analytics
FOR LEASE
Warehouses

1701 Central Pkwy SW Decatur, AL 35601

2,400 SF 0.46 ac lot Built 1974
Entity Owned 5-yr Hold Free & Clear
Property ID
US03-1516375
Property summary
AI-generated overview

This exceptional commercial property, located at 1701 Central Pkwy SW in Decatur, Alabama, presents a unique leasing opportunity. The single-tenant building offers 6,000 square feet of versatile space, ideal for retail or traditional office use. Constructed in 1974, this Class C building sits on a 0.46-acre lot and boasts convenient surface parking, a significant advantage for both employees and customers. The property's M1 zoning allows for a variety of commercial uses. Situated on a high-traffic section of Central Parkway, this location ensures excellent visibility and accessibility. The property includes an additional vacant lot adjacent to the main building, offering potential for expansion or future development. The building is a single-story structure and is not located within a flood zone. All necessary utilities are readily available on-site. This is an excellent opportunity to secure a well-located commercial property in a thriving Decatur market. The combination of ample space, convenient parking, and prime location makes this property an attractive investment for a variety of businesses.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,400 SF
Lot 0.46 ac (20,200 SF)
APN 03-09-30-4-001-010.001
UPID US03-1516375
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
  • Buddy's Auto & Brake Service Auto Repair Shop
  • Affordable Signs & More (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Investment Group · 5 yrs held
Investment Group
since 2021
1 recorded transaction
2021
$114,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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