Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2 Moulton St E Decatur, AL 35601

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2 Moulton St E Decatur, AL 35601

    View on Map
    • Warehouses
    • 120,243 SF
    • 8.30 lot acres
    For Lease
    $2,300,000
    View Listing →
    Warehouse with Dock High Loading For Lease
    $2,300,000

    Warehouse with Dock High Loading

    Warehouse space available for lease with dock high loading.

    2 Moulton St E, Decatur, AL 35601
    View Listing
    Property ID
    US03-1159237
    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.
    Value Estimations
    $2,300,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Russell Forest Products / Big Box & Wholesale Store
    • Jackson Law Firm, PLLC / Law Firm
    • Moulton Street Properties, LLC / Warehouse & Storage
    • Megabrook Processors, Inc / Warehouse & Storage

    Property Details for 2 Moulton St E

    Year built
    1900
    Construction
    WOOD
    Lot size
    8.30 lot acres
    Property size
    120,243 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    03-04-18-4-037-007.000
    APU
    304184037007000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,300,000
      ML approach
      $2,300,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,668,000
      Market price range: $2.67M - $7.09M
      AI Estimate
      $2,489,000
      Market price range: $2.49M - $8.78M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -86.989
    Latitude
    34.6076
    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
    $16,023
    $36,160
    $288,220
    $324,380
    -
    $180,800
    $1,441,100
    $1,621,900

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      2540 Gordon Terry Pkwy

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      2540 Gordon Terry Pkwy, Decatur, AL 35601-7131
      View Details
    • Value Estimation by Request
      1,200 SF

      5th SE Ave

      MINI-WAREHOUSE, STORAGE • 1,200 SF
      5th SE Ave, Decatur, AL 35601
      View Details
    • Value Estimation by Request
      9,204 SF

      215 2nd SW St

      MINI-WAREHOUSE, STORAGE • 9,204 SF
      215 2nd SW St, Decatur, AL 35601
      View Details
    • Value Estimation by Request
      4,140 SF

      110 Lafayette NW St

      MINI-WAREHOUSE, STORAGE • 4,140 SF
      110 Lafayette NW St, Decatur, AL 35601
      View Details
    • Value Estimation by Request
      1,710 SF

      Decatur, AL 35601

      MINI-WAREHOUSE, STORAGE • 1,710 SF
      Decatur, AL 35601
      View Details
    • Value Estimation by Request
      3,520 SF

      1400 Hwy 20

      MINI-WAREHOUSE, STORAGE • 3,520 SF
      1400 Hwy 20, Decatur, AL 35601
      View Details

    Similar Nearby for Sale

    • $499,000

      Decatur Industrial/Flex Space For Sale

      5,250 SF industrial/flex space with laydown yard in Decatur.
      1225 5Th Ave SE, Decatur, AL 35601
      View Details
    • Contact for pricing
      9,600 SF

      Decatur Office/Warehouse Building For Sale

      Office/warehouse building in high-traffic Decatur area with loading dock.
      2461 State Hwy 20, Decatur, AL 35601
      View Details
    • Contact for pricing

      Industrial Facility with Office Space

      39,060 SF industrial facility with office and manufacturing space.
      1314 State Docks Rd NW, Decatur, AL 35601
      View Details
    • Contact for pricing
      5,600 SF

      Decatur Retail Space: Prime Location

      Newly renovated, high-traffic retail space.
      1550 6Th Ave, Decatur, AL 35601
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr

      Decatur Industrial Facility with Fenced Yard

      Industrial facility in Decatur with convenient access and flexible options.
      620 Wilson St NE, Decatur, AL 35601
      View Details
    • $4,500 /Mo
      3,980 SF

      Decatur Commercial Space For Rent

      Multi-purpose building in high-traffic area, remodel available.
      1401 6Th Ave SE, Decatur, AL 35601
      View Details
    • Contact for pricing

      Warehouse with Dock High Loading

      Warehouse space available for lease with dock high loading.
      2 Moulton St E, Decatur, AL 35601
      View Details
    • Contact for pricing

      Decatur Office/Warehouse with Dock Doors

      Versatile Decatur office/warehouse with dock doors and highway access.
      1010 8Th Ave NE, Decatur, AL 35601
      View Details
    • Contact for pricing

      Decatur Flex Space For Rent

      5,000 SF flex space near Mallard Fox Creek Industrial Park.
      3401 Highway 20, Decatur, AL 35601
      View Details
    • $4 SF/Yr

      Industrial Property with Dock Loading

      Warehouse space with dock loading and highway access available for lease.
      2 Moulton St E, Decatur, AL 35601
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2 Moulton St E
    Decatur, AL 35601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!