2037 Moulton Heights Rd Decatur, AL 35601
This exceptional 32.78-acre parcel presents a remarkable residential development opportunity in Decatur, Alabama. Located in Morgan County, with convenient access to Moulton Heights Road and 8th Street Southwest (APN: 02-06-23-4-001-008.000), this expansive land offers a unique blend of natural beauty and urban accessibility. The property is zoned for residential development and can be subdivided into lots of approximately 10,000 square feet, ideal for single-family homes. Utilities are already on-site, streamlining the development process. The land's tranquil setting is complemented by its proximity to major highways, schools, and other essential amenities, promising a highly desirable location for future residents. Priced at $20,000 per acre, this property represents a significant investment opportunity in a thriving Alabama community. The address is 2037 Moulton Heights Rd, Decatur, AL 35601. This is a rare chance to create a vibrant and successful residential community in a highly sought-after area. The property's size allows for the incorporation of ample green spaces and community amenities, enhancing its appeal and value. Don't miss this chance to acquire this exceptional development opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.