Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    302 1st SE Ave Decatur, AL 35601-2359

    • Office Properties & Spaces
    • 1,740 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Last Sale
    Nov 20, 2023
    $275,000
    Location Intelligence
    Property ID
    US03-1411435
    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

    • Allen Insurance / Insurance Agency
    • LPL Financial / Financial Planner / Stock Broker
    • Dewayne Eddy - LPL Financial / Financial Planner

    Property Details for 302 1st SE Ave

    Year built
    1986
    Lot size
    0.36 lot acres
    Property size
    1,740 SF
    Property type
    Office Properties & Spaces
    APN
    03-04-19-1-013-008.000
    APU
    304191013008000

    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
    -86.9862
    Latitude
    34.6015
    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
    $1,609
    $6,920
    $28,600
    $35,520
    -
    $34,600
    $143,000
    $177,600

    Comparable in this City

    • Value Estimation by Request
      1,114 SF

      1117 6th SE Ave

      OFFICE (GENERAL) • 1,114 SF
      1117 6th SE Ave, Decatur, AL 35601-4009
      View Details
    • Value Estimation by Request
      2,880 SF

      1029 6th SE Ave

      OFFICE (GENERAL) • 2,880 SF
      1029 6th SE Ave, Decatur, AL 35601-3921
      View Details
    • Value Estimation by Request
      1,326 SF

      101 14th SW St

      OFFICE (GENERAL) • 1,326 SF
      101 14th SW St, Decatur, AL 35601-5803
      View Details
    • Value Estimation by Request
      3,100 SF

      119 2nd NE Ave

      OFFICE (GENERAL) • 3,100 SF
      119 2nd NE Ave, Decatur, AL 35601-2300
      View Details
    • Value Estimation by Request
      1,950 SF

      1608 4th SE Ave

      OFFICE (GENERAL) • 1,950 SF
      1608 4th SE Ave, Decatur, AL 35601-4904
      View Details
    • Value Estimation by Request
      4,680 SF

      720 Bank NE St

      OFFICE (GENERAL) • 4,680 SF
      720 Bank NE St, Decatur, AL 35601-1610
      View Details

    Similar Nearby for Sale

    • $375,900

      Decatur Office/Retail Space For Sale

      2500 sqft office/retail space in Decatur's entertainment district.
      603 Bank St NE, Decatur, AL 35601
      View Details
    • $1,400,000
      1.24 Acres

      Highway 31 S Development Land

      1.24 Acres, High Traffic, Decatur, AL
      2509 Highway 31, Decatur, AL 35601
      View Details
    • $500,000
      9,600 SF

      Decatur Warehouse - Hwy 20

      High-traffic location, 9,600 sq ft warehouse.
      2461 State Hwy, Decatur, AL 35601
      View Details
    • $50,000
      7,000 SF

      Downtown Decatur Development Lot

      7,000 SF Commercial Land - $50K
      404 Jackson St, Decatur, AL 35601
      View Details
    • $129,000
      8.60 Acres

      Decatur Residential Land - 8.6 Acres

      Prime Decatur land, build your dream home.
      602 2Nd St, Decatur, AL 35601
      View Details
    • $285,000
      2,633 SF

      Decatur Commercial Building - High Traffic

      Versatile Retail Space, Drive-Thru, Ample Parking
      1214 Moulton St, Decatur, AL 35601
      View Details

    Similar Nearby for Lease

    • $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
    • $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
    • $18 SF/Yr
      4,500 SF

      Decatur Medical Office Space For Lease

      Class A, 4,500 SF, Ample Parking
      1117 16Th Ave, Decatur, AL 35601
      View Details
    • $1,200 /Mo

      Decatur Office Space For Rent

      Office suite with road frontage, suitable for office or retail.
      1402 Central Pkwy, 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
    • Contact for pricing
      134,006 SF

      Decatur Retail Space For Lease

      High-traffic power center; flexible space.
      1235 Point Mallard Pkwy, Decatur, AL 35601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    302 1st SE Ave
    Decatur, AL 35601-2359
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.