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    Property profile & analytics

    2 Moulton St Decatur, AL 35601

    • Warehouses
    • 43,200 SF
    • 7.23 lot acres
    For Lease
    View listing
    $3 SF/Yr
    Value Estimation
    $1,095,000
    Last Sale
    Oct 06, 2022
    $1,250,000
    Location Intelligence
    Property ID
    US03-1674173
    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.

    Current Use by Public Records

    • Russell Forest Products / Wholesaler
    • Jackson Law Firm, PLLC / Law Firm / Personal Injury Attorney
    • Moulton Street Properties, LLC / Warehouse
    • Megabrook Processors, Inc / Warehouse

    Property Details for 2 Moulton St

    Year built
    1972
    Lot size
    7.23 lot acres
    Property size
    43,200 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    03-04-18-3-008-001.000
    APU
    304183008001000

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $960,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,265,000
      6.5%
      $1,115,000
      7%
      $1,260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,210,000
      Geo Method
      $1,255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,070,000
      Retail
      $1,300,000
      Mixed-Use
      $1,160,000
      Hospitality
      $1,345,000
      Educational
      $1,295,000
      Residential Income
      $1,115,000
      Energy
      $1,130,000
      Income-Based Land
      $1,075,000
      Food Service
      $1,185,000

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -86.9908
    Latitude
    34.6054
    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
    $14,697
    $25,200
    $299,240
    $324,440
    -
    $126,000
    $1,496,200
    $1,622,200

    Comparable in this City

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      1,739 SF

      201 5th SE St

      MINI-WAREHOUSE, STORAGE • 1,739 SF
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      View Details

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    2 Moulton St
    Decatur, AL 35601
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    Realmo Value Estimation

    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.

    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.

    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
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