2509 Highway 31 Decatur, AL 35601
This exceptional 1.24-acre commercial development site is strategically located on Highway 31 South in Decatur, Alabama, offering unparalleled visibility and accessibility. The property boasts 160 feet of frontage along this busy thoroughfare, ensuring maximum exposure to a substantial daily traffic volume. According to the 2019 Alabama Traffic Count, Highway 31 S in this area sees 24,174 vehicles per day. The site's location just south of a major Decatur intersection further enhances its desirability. The property is zoned for a variety of commercial uses, including B-2 (1.1 acres) and M-1 (0.14 acres), providing flexibility for a range of development projects. This prime location is surrounded by a thriving commercial environment, featuring numerous retail establishments, restaurants, financial institutions, and service businesses, creating a strong foundation for future development and ensuring high potential for return on investment. The asking price for this exceptional opportunity is $1,400,000. This is a rare chance to acquire a highly visible and well-situated commercial land parcel in a rapidly growing area of Decatur, Alabama. Don't miss this opportunity to capitalize on the significant potential of this prime development site.
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
Similar Nearby for Sale
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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.