Property profile

215 2nd SE Ave Decatur, AL 35601

OFF-MARKET
Retail space
Property ID
US03-1599875
17,000 SF 0.24 ac lot Built 1924
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1924
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 17,000 SF
Lot 0.24 ac (10,600 SF)
APN 03-04-19-1-008-006.000
UPID US03-1599875

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Gym & Fitness Center
  • Law Firm
  • Postal Service Courier Service
  • Law Firm

Location

215 2nd SE Ave Decatur, AL 35601-2317
Decatur metro Census 400 DECATUR, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
$553k
Blend (final) Blend
$635k

Owner & transaction history

since 2022
Last sale
$830,000
2 recorded transactions
2022
$830,000
2007
$60,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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