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    Property profile & analytics

    2420 Gaslight SW Pl Decatur, AL 35603-2047

    • Apartment buildings
    • 4,608 SF
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Apr 25, 2023
    Location Intelligence
    Property ID
    US03-1659564
    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

    • Apartment buildings

    Property Details for 2420 Gaslight SW Pl

    Year built
    1989
    Construction
    WOOD
    Property size
    4,608 SF
    Property type
    Apartment buildings
    APN
    02-07-26-3-001-124.000
    APU
    207263001124000

    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
    -87.0337
    Latitude
    34.5826
    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
    $2,312
    $4,280
    $34,880
    $39,160
    -
    $21,400
    $174,400
    $195,800

    Comparable in this City

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      1220 Smith SW Ave

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      408 Tammy SW St

      APARTMENT HOUSE (5+ UNITS) • 3,696 SF
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    • Value Estimation by Request
      3,696 SF

      410 Tammy SW St

      APARTMENT HOUSE (5+ UNITS) • 3,696 SF
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    • Value Estimation by Request
      1,740 SF

      226 Cedar Lk SW Rd

      APARTMENT HOUSE (5+ UNITS) • 1,740 SF
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    • Value Estimation
      $95,000
      3,448 SF

      1810 Graymont SW Ln

      APARTMENT HOUSE (5+ UNITS) • 3,448 SF
      1810 Graymont SW Ln, Decatur, AL 35603-2556
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
      35,933 SF

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    2420 Gaslight SW Pl
    Decatur, AL 35603-2047
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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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