Financial
Distress signals
Property profile

174 Old Hwy 24 Decatur, AL 35601

OFF-MARKET
Retail properties & Spaces
Property ID
US03-1819158
11,795 SF 7.3 ac lot Built 1973
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional industrial property in Morgan County offers 6,000 square feet of immediately available distribution space within a larger 15,000 square foot building. The space is part of a multi-tenant building and features 11 loading docks, providing ample capacity for efficient loading and unloading operations. The minimum divisible space is 6,000 square feet, with a maximum contiguous space also at 6,000 square feet. The building is single-story for ease of access and operation. This

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$154k
Assessed land$29k
Assessed improvement$125k
Effective rate3.74%

Value estimate

· Sep 2026
$300k
$270k – $330k
Submarket $/SF estimate$872k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$70/SF
ZIP average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$30 – $110
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMORGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop10.5
Electrical Service9.6
Auto Parts Store9.2

Location

174 Old Hwy 24 Decatur, AL 35601-7115
County assessor Recorded deeds · not on file 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
206 2nd SE, Decatur, AL 35601-2318 $1,500,000 Jul 2025 10,750 SF
209 2nd SE, Decatur, AL 35601-2361 $1,500,000 Jul 2025 8,500 SF
1931 Central SW, Decatur, AL 35601-6848 $2,500,000 Feb 2025 9,660 SF
1815 6th SE, Decatur, AL 35601-6000 $825,000 Dec 2024 14,100 SF
207 Austinville SW, Decatur, AL 35601-5859 $410,000 Nov 2024 12,320 SF
1624 6th SE, Decatur, AL 35601-4920 $635,000 Oct 2024 8,140 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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