2509 Highway 31 Decatur, AL 35601
- Commercial real estate
- 1.24 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2509 Highway 31
- Lot size
- 1.24 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Morgan
- State
- Alabama
- Longitude
- -86.9742172
- Latitude
- 34.5595507
