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    Property profile & analytics

    2604 Spg SW Ave Decatur, AL 35601-6308

    • Grocery and convenience stores
    • 2,722 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Last Sale
    Mar 07, 2024
    $308,200
    Location Intelligence
    Property ID
    US03-1338339
    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

    • Wally World Mini-Marts Inc. / Convenience Store
    • Bitstop Bitcoin ATM / Crypto Atm / Atm

    Property Details for 2604 Spg SW Ave

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.32 lot acres
    Property size
    2,722 SF
    Property type
    Grocery and convenience stores
    APN
    03-09-31-3-001-064.021
    APU
    309313001064021

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $260,000
      6.5%
      $270,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $300,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $230,000
      Mixed-Use
      $225,000
      Hospitality
      $270,000
      Educational
      $230,000
      Residential Income
      $245,000
      Energy
      $265,000
      Income-Based Land
      $270,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -86.9996
    Latitude
    34.562
    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
    $2,792
    $11,100
    $50,540
    $61,640
    -
    $55,500
    $252,700
    $308,200

    Comparable in this City

    • Value Estimation by Request
      720 SF

      1310 Carridale SW St

      CONVENIENCE STORE • 720 SF
      1310 Carridale SW St, Decatur, AL 35601-5522
      View Details
    • Value Estimation by Request
      498 SF

      1818 Olive SE St

      CONVENIENCE STORE • 498 SF
      1818 Olive SE St, Decatur, AL 35601-3436
      View Details
    • Value Estimation
      $635,000
      3,420 SF

      2505 Pt Mallard SE Dr

      CONVENIENCE STORE • 3,420 SF
      2505 Pt Mallard SE Dr, Decatur, AL 35601-6767
      View Details
    • Value Estimation
      $425,000
      1,670 SF

      106 6th NE Ave

      CONVENIENCE STORE • 1,670 SF
      106 6th NE Ave, Decatur, AL 35601-2604
      View Details
    • Value Estimation
      $900,000
      928 SF

      1102 6th SE Ave

      CONVENIENCE STORE • 928 SF
      1102 6th SE Ave, Decatur, AL 35601-4010
      View Details
    • Value Estimation
      $445,000
      2,925 SF

      2808 Gordon Terry Pkwy

      CONVENIENCE STORE • 2,925 SF
      2808 Gordon Terry Pkwy, Decatur, AL 35601-7111
      View Details

    Similar Nearby for Sale

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      Prime Decatur retail space, high traffic location, lease opportunity.
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      93,712 SF

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      Prime Decatur retail space, high traffic location, lease available.
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    Similar Nearby for Lease

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      High-traffic retail spaces in Decatur, AL.
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    • New
      $833 /Mo

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      Prime retail space in Decatur, Alabama, with high visibility.
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    • Contact for pricing
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      Prime Retail, 4,440 SF, New Construction
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    • $18 SF/Yr
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      4,000 SF endcap in Decatur, Alabama shopping center.
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    • Contact for pricing
      5,600 SF

      Retail Space on 6th Avenue

      Retail spaces available with high visibility and diverse tenant mix.
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      View Details
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    Decatur, AL 35601-6308
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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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