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    Property profile & analytics

    2315 8th SW St Decatur, AL 35601

    • Turn key restaurants
    • 8,040 SF
    • 2.44 lot acres
    OFF-MARKET
    Value Estimation
    $535,000
    Last Sale
    Sep 28, 2023
    Location Intelligence
    Property ID
    US03-1766260
    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

    • Turn key restaurants

    Property Details for 2315 8th SW St

    Year built
    2000
    Lot size
    2.44 lot acres
    Property size
    8,040 SF
    Property type
    Turn key restaurants
    APN
    02-07-26-2-000-039.003
    APU
    207262000039003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -87.0288
    Latitude
    34.5881
    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
    $13,449
    $122,100
    $174,780
    $296,880
    -
    $610,500
    $873,900
    $1,484,400

    Comparable in this City

    • Value Estimation
      $995,000
      2,720 SF

      2400 6th SE Ave

      RESTAURANT • 2,720 SF
      2400 6th SE Ave, Decatur, AL 35601-6516
      View Details
    • Value Estimation
      $540,000
      3,000 SF

      2224 6th SE Ave

      RESTAURANT • 3,000 SF
      2224 6th SE Ave, Decatur, AL 35601-6512
      View Details
    • Value Estimation
      $515,000
      6,970 SF

      2148 Beltline SW Rd

      RESTAURANT • 6,970 SF
      2148 Beltline SW Rd, Decatur, AL 35601-5552
      View Details
    • Value Estimation
      $475,000
      3,632 SF

      1428 Beltline SW Rd

      RESTAURANT • 3,632 SF
      1428 Beltline SW Rd, Decatur, AL 35601-5504
      View Details
    • Value Estimation
      $290,000
      9,568 SF

      609 14th SE St

      RESTAURANT • 9,568 SF
      609 14th SE St, Decatur, AL 35601-5909
      View Details
    • Value Estimation
      $385,000
      1,216 SF

      918 6th SE Ave

      RESTAURANT • 1,216 SF
      918 6th SE Ave, Decatur, AL 35601-3920
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,237 SF

      Restaurant Property Near Decatur Mall

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      Decatur Development Land - 10 Acres

      Prime Decatur acreage, ideal for multifamily or retail.
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    • Contact for pricing
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      Decatur Retail Space: Prime Location

      Newly renovated, high-traffic retail space.
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      56,534 SF

      Decatur Retail Space - High Visibility

      Prime Decatur retail space, excellent location, lease available.
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    • $269,000
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      Decatur Retail Building - $269K

      Prime Decatur retail space, high visibility.
      1112 6Th Ave, Decatur, AL 35601
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      3,000 SF

      Downtown Decatur Restaurant Opportunity

      Prime Location, 3,000 SF, Shell Condition
      101 1St Ave, Decatur, AL 35601
      View Details
    • Contact for pricing
      4,440 SF

      Downtown Decatur Retail Space

      Prime Retail, 4,440 SF, New Construction
      101 Moulton St, Decatur, AL 35601
      View Details
    • $4,000 /Mo
      27,878 SF

      Decatur Commercial Building For Lease

      Commercial building for lease in high-traffic Decatur area.
      810 Beltline Rd, Decatur, AL 35601
      View Details
    • $84 SF/Yr
      6,000 SF

      Decatur Retail/Office Building Lease

      6,000 SF, High-Traffic Location, Ample Parking
      1701 Central Pkwy, Decatur, AL 35601
      View Details
    • $5,000 /Mo

      Decatur Retail/Office/Warehouse Space For Lease

      Multi-purpose commercial building with retail, office, and warehouse space available.
      1401 6Th Ave SE, Decatur, AL 35601
      View Details
    • $13 SF/Yr
      36,737 SF

      Mallard Village Retail Center

      Decatur, AL Strip Center - 3 Spaces Available
      2914 Mallard Ln, Decatur, AL 35601
      View Details
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    2315 8th SW 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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