This exceptional industrial property in Morgan County offers a total of 262,307 square feet of warehouse space, divided into nine individual suites. The property is zoned M-2, providing flexibility for a variety of industrial uses. Individual suites range in size from a minimum of 17,280 square feet up to the entire 262,307 square feet, allowing for businesses of all scales to find a suitable space. The property features loading docks for efficient shipping and receiving. Short-term lease options are available, providing added flexibility for tenants. Its strategic location offers unparalleled access to major transportation arteries, including Highway 20, Highway 67, and the intersection of Interstates 65 and 565, ensuring seamless logistics and convenient commutes for employees and clients. This prime location in Downtown Decatur makes this warehouse space an ideal choice for businesses seeking efficient operations and a central location within the region. The property's size and layout offer significant potential for businesses requiring substantial storage or production space. Contact us today to learn more about lease terms and availability.

Property type Warehouses

Use group MINI-WAREHOUSE, STORAGE

Year built 1972

Total area 43,200 SF

Lot 7.23 ac (315,057 SF)

APN 03-04-18-3-008-001.000

UPID US03-1674173

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Big Box & Wholesale Store
Law Firm
Warehouse & Storage
Warehouse & Storage

2 Moulton W St Decatur, AL 35601-2226

Decatur metro Census 600 DECATUR, AL METROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

$1.03M

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$960k

since 2022

Last sale

$1.3M

1 recorded transaction

2022

$1.3M

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$1,385,000

17,760 SF

510 Steed Rd

MINI-WAREHOUSE, STORAGE

510 Steed Rd, Decatur, AL 35601-7523

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Value Estimation
$960,000

30,000 SF

497 Steed Rd

MINI-WAREHOUSE, STORAGE

497 Steed Rd, Decatur, AL 35601

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Value Estimation
$260,000

4,800 SF

Hwy 24

MINI-WAREHOUSE, STORAGE

Hwy 24, Decatur, AL 35601

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Value Estimation
$475,000

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Beltline Hwy 24

MINI-WAREHOUSE, STORAGE

Beltline Hwy 24, Decatur, AL 35601

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Value Estimation
$575,000

28,000 SF

Eassett SW Ave

MINI-WAREHOUSE, STORAGE

Eassett SW Ave, Decatur, AL 35601

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Value Estimation
$1,105,000

16,740 SF

Of Hwy 67

MINI-WAREHOUSE, STORAGE

Of Hwy 67, Decatur, AL 35601

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